879 WEST 5TH STREET, Hamilton (Kernighan), Ontario, L9C5R4
MLS: X12987724 | Vacant Land
$1,648,988
Property Description
This premier development assembly represents a rare, investment in the heart of Hamilton's most stable growth corridor. Featuring exceptional dual-street frontage and an expansive, "oasis-like" footprint, the site is perfectly positioned for high-density intensification or premium subdivision. The property is uniquely prepared for immediate action, boasting approved severance for two rear lots and existing municipal servicing (water/sewer) for up to 4 lots, significantly reducing "soft cost" timelines and site preparation hurdles. Investors can capitalize on an immediate revenue stream from the existing well-maintained bungalow to offset carrying costs while navigating the approvals for a 6-storey residential mid-rise (32-56 units), 12 luxury townhomes, or a four-lot detached enclave. Strategically located near the Stone Church and West 5th corridor, the site sits minutes from Mohawk College's Fennell Campus, making it an elite candidate for high-yield student housing or professional rentals. This is a versatile, high-potential redevelopment site in a high-demand neighborhood where the infrastructure is already in place to support your vision. (id:64974)
Quick Facts
- Property Type: Vacant Land
- Bedrooms: None
- Bathrooms: 1
- Living Area: 23,476 sq ft (2,181.0 m²)
- Parking: 5.0 spaces (Other)
- Frontage: 100 ft (30.6 m)
Costs
- Annual Taxes: $5,569.33 (2026)
Listing Provided by: RE/MAX REAL ESTATE CENTRE INC.
Board: Toronto Regional Real Estate Board
Data provided via CREA DDF®.
Detailed Features
Interior & Systems
- Heating: Forced air, Natural gas
- Cooling: Fully air conditioned
- Appliances: All
Exterior & Construction
- Water: Municipal water
Lot & Land
- Frontage: 100 ft (30.6 m)
- Zoning: AA, C
Community & Neighbourhood
- Neighbourhood: Kernighan
Listing Information
Listing History
MLS listing activity for 879 WEST 5TH STREET, Hamilton (Kernighan), Ontario, L9C5R4 — dates reflect when changes were recorded in the DDF
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Neighborhood Walkability
Mortgage & Cost Calculators
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Similar Properties ?Active Comparables — Search CriteriaSearch Radius2 kmPrice Range±5%Match Home TypeYesMatch BedroomsYes
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879 WEST 5TH STREET, Hamilton (Kernighan), Ontario, L9C5R4