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Tony & Ledi Real Estate Team

info@tonyledi.com +1(647) 493-3579

Est. payment | -/mo

3 Beds

1 Bath

Save

Est. payment | -/mo

Save

3 Beds

1 Bath

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1100-1500

Subdivision Kernighan

MLS Listing ID X12920756

Style 1 Storey/Apt

Bedrooms 3

Annual Tax Amount $5,569

Tax Year 2026

Property Sub-Type Detached

Property Description

Prime West Mountain Development Opportunity | Hamilton MountainExceptional investment opportunity in a highly sought-after West Mountain location with rare frontage on two streets. This expansive, oasis-like city lot offers outstanding flexibility for builders, developers, and investors alike.The existing bungalow is well-suited for occupancy, allowing you to live in or rent out the home while you begin planning and construction-an ideal setup to offset carrying costs during development.Approved severance is already in place, allowing for two rear lots to accommodate the construction of additional homes. The property is fully serviced with water and sewer connections for up to 4 lots, saving valuable time and development costs.Explore a wide range of possibilities: sever into 2 premium lots, create 4 spacious 50 ft lots, or take advantage of the zoning change on the front portion, which permits a potential 6-storey residential building with an estimated 32-56 units. There is also the option to develop up to 12 townhouses or residences using MLI Select financing.Ideally located near Stone Church and West 5th Street, this property is just minutes from Mohawk College's main Fennell Campus, located directly on West 5th Street -making it highly attractive for student housing or rental development.Close to schools, shopping, transit, and all key amenities in a rapidly growing area.A rare opportunity to secure a versatile, high-potential redevelopment site in one of Hamilton Mountain's most desirable neighborhoods. Don't miss out on this incredible opportunity!

Location

Province ON

County Hamilton

Area Hamilton

Zoning AA, C

Rooms

Family Room No

Basement Full

Kitchen 1

Interior

Interior Features Primary Bedroom - Main Floor

Cooling Central Air

Inclusions all appliances

Exterior

Parking Features Private, Front Yard Parking

Garage Spaces 1.0

Pool None

Roof Type Asphalt Shingle

Lot Frontage 100.3

Lot Depth 250.66

Total Parking Spaces 5

Building

Building Age 51-99

Foundation Concrete Block

Others

Senior Community Yes

ParcelsYN No

Listed by RE/MAX REAL ESTATE CENTRE INC.

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+1(647) 493-3579

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879 West 5th ST Hamilton, ON L9C 5R4