879 West 5th Street Hamilton, Ontario L9C 5R4

$1,450,000

A rare opportunity to acquire a premier development site in one of Hamilton's fastest-growing corridors. Welcome to 879 West 5th Street. A 100'x 253 ' property with exceptional dual street frontage on West 5th Street and Fortissimo Drive, offering outstanding redevelopment potential.The property also benefits form City-approved R4(Mid-Rise Residential) rezoning, currently pending appeal, creating exciting future developmentpossibilities. Approved severance for two rear lots and municipal water and sewer services already in place for additional lots help reducedevelopment timelines and sot costs. Explore the potential for a four-lot detached subdivision, luxury townhomes, semi-detached homes, or ahigher-density residential project. The existing three-bedroom bungalow provides immediate rental income while development plans ae finalized.Ideally located just down the street from Mohawk College's Fennell Campus and minutes to the Upper James Street and Stone Church Roadcorridor, with convenient access to shopping, transit, parks, schools, and major highways, the location is ideal for student housing, family-oriented development, or professional rentals. Offering an exceptional combination of size, servicing, dual frontage, future zoning potential,income generation, and a prime West Mountain location, opportunities like this are becoming increasingly rare. Whether you're a builder,developer, or investor, 879 West 5th Street is ready for your vision. (id:56248)

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https://www.realtor.ca/real-estate/30048458/879-west-5th-street-hamilton