3 Bedroom
1 Bathroom
1,100 - 1,500 ft2
Central Air Conditioning
Forced Air
$1,648,988
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! (id:50976)
Property Details
|
MLS® Number
|
X12920756 |
|
Property Type
|
Single Family |
|
Community Name
|
Kernighan |
|
Amenities Near By
|
Public Transit, Place Of Worship, Schools |
|
Equipment Type
|
Water Heater |
|
Features
|
Flat Site |
|
Parking Space Total
|
5 |
|
Rental Equipment Type
|
Water Heater |
|
Structure
|
Shed |
Building
|
Bathroom Total
|
1 |
|
Bedrooms Above Ground
|
3 |
|
Bedrooms Total
|
3 |
|
Age
|
51 To 99 Years |
|
Appliances
|
All |
|
Basement Type
|
Full |
|
Construction Style Attachment
|
Detached |
|
Cooling Type
|
Central Air Conditioning |
|
Exterior Finish
|
Aluminum Siding |
|
Foundation Type
|
Block |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Size Interior
|
1,100 - 1,500 Ft2 |
|
Type
|
House |
|
Utility Water
|
Municipal Water |
Parking
Land
|
Acreage
|
No |
|
Land Amenities
|
Public Transit, Place Of Worship, Schools |
|
Sewer
|
Sanitary Sewer |
|
Size Depth
|
250 Ft ,8 In |
|
Size Frontage
|
100 Ft ,3 In |
|
Size Irregular
|
100.3 X 250.7 Ft |
|
Size Total Text
|
100.3 X 250.7 Ft |
|
Zoning Description
|
Aa, C |
Rooms
| Level |
Type |
Length |
Width |
Dimensions |
|
Main Level |
Living Room |
4.88 m |
3.66 m |
4.88 m x 3.66 m |
|
Main Level |
Dining Room |
3.05 m |
3.66 m |
3.05 m x 3.66 m |
|
Main Level |
Kitchen |
3.66 m |
3.05 m |
3.66 m x 3.05 m |
|
Main Level |
Bathroom |
|
|
Measurements not available |
|
Main Level |
Bedroom |
2.74 m |
3.35 m |
2.74 m x 3.35 m |
|
Main Level |
Bedroom 3 |
3.66 m |
4.88 m |
3.66 m x 4.88 m |
Utilities
|
Cable
|
Available |
|
Electricity
|
Installed |
|
Sewer
|
Installed |
https://www.realtor.ca/real-estate/29515683/879-west-5th-street-hamilton-kernighan-kernighan
