A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, unknown for 879 West 5th St, Hamilton Ontario L9C 5R4
Re-listed 63 days ago

879 West 5th St, Hamilton, Ontario L9C 5R4

Land
-
1
~23476 sqft
$•••,•••
$1,575,000
Get pre-qualifiedPowered by nesto
Land
-
1
~23476 sqft

Contact us about this property

Call

Highlights

Property Estimate

Days on market63 days

Total days on market
209 days

Estimated valueNot available

Price/Sqft$67/sqft

Monthly cost

Open Calculator

Description

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.


Property Details

StyleDesignated
View-
Age of property-
SqFt~23476 SqFt
Lot Size25,141 SqFt(250.66 x 100.3)
Parking Spaces5
MLS ®NumberX12987724
Community NameKernighan
Data SourceTRREB
Listing byRE/MAX REAL ESTATE CENTRE INC.

Features

Heating: Gas Forced Air Open
Cooling: Y
Basement: Y

Features

Lot size: 25,141 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 5


Property listed by RE/MAX REAL ESTATE CENTRE INC., Brokerage
Agent Banner Image
Interested in this property?Get in touch to get the inside scoop.

Market Data - Kernighan

Geo Zone Map ThumbnailKernighan

Strong Seller's Market

View Market Data

Land - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

0 day

Compared to

2025

8 days

2024

0 day

2023

4 days

New Listings

Past 30 days

0 listing

Compared to

2025

3 listings

2024

2 listings

2023

2 listings

Units sold

Past 30 days

0 unit

Compared to

2025

1 unit

2024

0 unit

2023

1 unit

Median Sold Price

Past 30 days

$0

Compared to

2025

$878,800

2023

$825,000


Population and Demographics

Overview

Total population 583
Average household income $120,364

Age (%)

0 to 19
28%
20 to 34
19%
35 to 49
21%
50 to 64
20%
65 and plus
12%

Household composition (%)

Single family
81%
Single person
14%
Multi person
3%
Multi family
1%

Mother tongue (%)

English
69%
Vietnamese
4%
Italian
4%
Arabic
4%
Mandarin
3%
Yue (Cantonese)
3%
Portuguese
2%
Spanish
2%
Assyrian Neo-Aramaic
2%
Others
0%

House tenancy (%)

Owners
78%
Renters
22%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget