879 WEST 5TH Street

Hamilton (Gourley), Ontario L9C5R4

MLS # X13561930

$1,450,000

Property Details

Type

Townhouse

Beds

Baths

Status

For Sale

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About this property

A rare opportunity to acquire a premier development site in one of Hamilton's fastest-growing corridors. Welcome to 879 West 5th Street. A 100' x 253' property with exceptional dual street frontage on West 5th Street and Fortissimo Drive, offering outstanding redevelopment potential. The property also benefits from City-approved R4 (Mid-Rise Residential) rezoning, currently pending appeal, creating exciting future development possibilities. Approved severance for two rear lots and municipal water and sewer services already in place for additional lots help reduce development timelines and soft costs. Explore the potential for a four-lot detached subdivision, luxury townhomes, semi-detached homes, or a higher-density residential project. The existing three-bedroom bungalow provides immediate rental income while development plans are finalized. Ideally located just down the street from Mohawk College's Fennell Campus and minutes to the Upper James Street and Stone Church Road corridor, with convenient access to shopping, transit, parks, schools, and major highways, the location is ideal for student housing, family-oriented development, or professional rentals. Offering an exceptional combination of size, servicing, dual frontage, future zoning potential, income generation, and a prime West Mountain location, opportunities like this are becoming increasingly rare. Whether you're a builder, developer, or investor, 879 West 5th Street is reay for your vision.

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Property taxes: about $464/month based on listed annual taxes.

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Rooms

Room	Level	Dimensions
Living room	Main level	5.43 x 4.66
Other	Basement	6.04 x 3.35
Dining room	Main level	4.66 x 3.05
Kitchen	Main level	4.66 x 3.05
Primary Bedroom	Main level	5.21 x 3.51
Bedroom	Main level	3.41 x 2.83
Bedroom	Main level	3.41 x 2.47
Bathroom	Main level	0 x 0
Utility room	Basement	9.33 x 2.47
Other	Basement	4.51 x 2.9
Workshop	Basement	6.04 x 3.35