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Est. payment /mo
1 Bath
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Key Details
Property Type Commercial
Sub Type Land
Listing Status Active
Purchase Type For Sale
Subdivision Kernighan
MLS Listing ID X12987724
Annual Tax Amount $5,569
Tax Year 2026
Property Sub-Type Land
Property 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.
Location
Province ON
County Hamilton
Area Hamilton
Zoning AA, C
Interior
Cooling Yes
Inclusions all appliances
Exterior
Utilities Available Yes
Lot Frontage 100.3
Lot Depth 250.66
Others
ParcelsYN No
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Listed by RE/MAX REAL ESTATE CENTRE INC.
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