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$ 1,648,988
Est. payment | /mo
3 Beds
1 Bath
$ 1,648,988
Est. payment | /mo
3 Beds
1 Bath
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1100-1500
Subdivision Kernighan
MLS Listing ID X12920756
Style 1 Storey/Apt
Bedrooms 3
Annual Tax Amount $5,569
Tax Year 2026
Property Sub-Type Detached
Property Description
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!
Location
Province ON
County Hamilton
Area Hamilton
Rooms
Family Room No
Basement Full
Kitchen 1
Interior
Interior Features Primary Bedroom - Main Floor
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Parking Features Private, Front Yard Parking
Garage Spaces 1.0
Pool None
Roof Type Asphalt Shingle
Topography Flat
Lot Frontage 100.3
Lot Depth 250.66
Total Parking Spaces 5
Building
Building Age 51-99
Unit Features Public Transit,Place Of Worship,School
Foundation Concrete Block
Others
ParcelsYN No
Listed by RE/MAX REAL ESTATE CENTRE INC.