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879 WEST 5TH Street

879 WEST 5TH Street

Hamilton, Ontario

Vacant Land

$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.

Price History

Schools

Elementary

  • James MacDonald Public School0.5 km

    Public · Hamilton-Wentworth DSB · 310 students

    Grade 3 reading: 65% met the provincial standard · Grade 6 math: 30% met the provincial standard

  • Annunciation of Our Lord Catholic Elementary School0.9 km

    Catholic · Hamilton-Wentworth CDSB · 630 students

    Grade 3 reading: 71% met the provincial standard · Grade 6 math: 33% met the provincial standard

  • Westview Middle School1 km

    Public · Hamilton-Wentworth DSB · 265 students

    Grade 6 math: 19% met the provincial standard

Secondary

  • Westmount Secondary School1.2 km

    Public · Hamilton-Wentworth DSB · 1310 students

    Grade 10 literacy: 95% met the provincial standard

  • St. Thomas More Catholic Secondary School2.3 km

    Catholic · Hamilton-Wentworth CDSB · 1810 students

    Grade 10 literacy: 80% met the provincial standard

  • Turning Point Alternative Education School2.5 km

    Public · Hamilton-Wentworth DSB · 100 students

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Community

Postal area L9C

Population
41,202
Private dwellings
15,123
Median age
41.2
Average household size
2.7
Median household income
$92,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Vacant Land in Hamilton · last 12 months

Median sold price
$683,000
Homes sold
5,001
Median days on market
27
Sale-to-list price
97.1%

Based on 5,001 recorded sales of vacant land properties in Hamilton over the last 12 months.

Location

Mortgage Calculator

$290,000

Estimated Monthly Payment

$7,123

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $7,123/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $363/mo

Estimates only. Consult a financial advisor.

R

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