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Milad Akrami

Sales Representative
Soltanian Real Estate, Brokerage Independently owned and operated. 175 Willowdale Ave Suite 100, Toronto, Ontario M2N4Y9 Cell: 647-678-7799Office: 647-678-7799

$1,648,988
Available - For Sale
Listing ID: X12987724
879 West 5th Street , Hamilton, L9C 5R4, Hamilton


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.
Price $1,648,988
Taxes: $5569.33
Tax Type: Annual
Assessment Year: 2026
Occupancy: Owner
Address: 879 West 5th Street , Hamilton, L9C 5R4, Hamilton
Postal Code: L9C 5R4
Province/State: Hamilton
Legal Description: East
Directions/Cross Streets: West 5th St
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Washroom Type 6 0
Washroom Type 7 0
Washroom Type 8 0
Washroom Type 9 0
Washroom Type 10 0
Category: Designated
Building Percentage: T
Total Area: 23476.00
Total Area Code:  Square Feet
Washrooms: 1
Heat Type: Gas Forced Air Open
Central Air Conditioning: Yes
Sewers: Sanitary+Storm
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Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX REAL ESTATE CENTRE INC.
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Milad Akrami
Sales Representative
Dir:
647-678-7799
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647-678-7799
 
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At a Glance:
Type: Com - Land
Area: Hamilton
Municipality: Hamilton
Neighbourhood: Kernighan
Style:
Lot Size: x 250.66(Feet)
Approximate Age:
Tax: $5,569.33
Maintenance Fee: $0
Beds: 0
Baths: 1
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
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