1 Bathroom
23,476 ft2
Fully Air Conditioned
Forced Air
$1,648,988
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:50976)
Property Details
|
MLS® Number
|
X12987724 |
|
Property Type
|
Vacant Land |
|
Community Name
|
Kernighan |
|
Equipment Type
|
Water Heater |
|
Parking Space Total
|
5 |
|
Rental Equipment Type
|
Water Heater |
Building
|
Bathroom Total
|
1 |
|
Appliances
|
All |
|
Cooling Type
|
Fully Air Conditioned |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Size Interior
|
23,476 Ft2 |
|
Utility Water
|
Municipal Water |
Parking
Land
|
Acreage
|
No |
|
Size Depth
|
250 Ft ,7 In |
|
Size Frontage
|
100 Ft ,3 In |
|
Size Irregular
|
100.3 X 250.66 Ft |
|
Size Total Text
|
100.3 X 250.66 Ft |
|
Zoning Description
|
Aa, C |
https://www.realtor.ca/real-estate/29592518/879-west-5th-street-hamilton-kernighan-kernighan
