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For Sale
Just Listed

879 West 5th Street

Kernighan, Hamilton, ON
$1,648,988
0Bd
1Ba
sqft
100.3 x 250.66 ftlot
LandMLS# X12987724Listed 2026-04-115 DOM

About this home

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.

Features

  • Yes

Financials

Annual Taxes
$5,569.33

Estimated Rental Income

Entire property$2,000 – $3,000/mo
Rental yield1.5% – 2.2%

*Estimates based on comparable rentals in the area. Actual income may vary.

Market Data — Hamilton

Days on market5 days
Buyer's MarketSeller's Market

Based on active listings in Hamilton. Data updates daily.

Demographics — Hamilton

Population
569,353
Avg Household Income
$90,000
Age Distribution
0-19
20%
20-34
21%
35-49
19%
50-64
20%
65+
20%
Ownership
65% own · 35% rent
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MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.

$1,648,988
879 West 5th Street, Hamilton
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