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Lots & Land in Hamilton
About 1278 Hwy 5 West
Major Price Improvement - Now $999,000 (Previously $1.275M)! Outstanding opportunity to own a prime 8.23-acre corner lot at the high-traffic intersection of Hwy 5 & Hwy 8. Zoned A2, offering a wide range of permitted uses including (but not limited to): Single Detached Dwelling, Residential Care Facility, Veterinary Services (Farm Animals), Kennel, Nursery, Home Industry, Agricultural Operations, Abattoir, Agricultural Processing, and Farm Product Supply. Development-Ready: Brand new drilled water well, Environmental Phase 1 completed, Hydrogeological and archaeological studies completed. Natural gas available at the lot line. Everything is in place to start building immediately (subject to zoning allowances). All completed studies and reports are included in the sale. Buyers and their agents are encouraged to perform their own due diligence regarding permitted uses and development regulations. Contact the City of Hamilton Zoning Department for full A2 zoning details.
Hamilton land priced at $999,000 — book a tour to see if it fits your search.
Inside 1278 Hwy 5 W
Every detail from the listing, in one place.
Type
Land
Lot size
414.67 x 975.50 Acres
Features & systems
Lot & land
Lot dimensions
414.67 x 975.50 Acres
Lot size (sqft)
0
Listing & possession
Property class
Vacant Land
1278 Hwy 5 W Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X12535724$999,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 1278 Hwy 5 W Compares to the Hamilton Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
$•,•••,•••
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$4,908
/mo
based on the purchase price of $999,000
$199,800 cash
$799,200 financed
$673,136 total interest
Principal54%$799,200
Interest46%$673,136
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
Want rate-drop alerts and a saved shortlist?
Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Zara · AI virtual agent
Ask about 1278 Hwy 5 W day or night. Zara reads this listing and answers in plain words. When you want a person, she hands you to a licensed agent.
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Your agent shows you the home, checks the paperwork and negotiates your offer, on your side, not the seller's.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. 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. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Average days on market41Homes sold in about 41 days on average.
Sale-to-list ratio97.1%On average, homes sold below asking.
Active listings2,518Homes for sale here right now.
Median vs prior 90 days−2.5%Compared with Apr 26 – Jul 25, 2026: prices down.
Based on 1,828 sales from Jul 25 – Oct 23, 2026 (1,482 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 1278 Hwy 5 W
How much is 1278 Hwy 5 W listed for?
1278 Hwy 5 W is listed at $999,000 (MLS® X12535724). Summitly updates the price as soon as the MLS® record changes.
Has the price of 1278 Hwy 5 W changed?
No — 1278 Hwy 5 W is still listed at its original asking price of $999,000.
How many bedrooms and bathrooms does 1278 Hwy 5 W have?
The listing for 1278 Hwy 5 W doesn't publish its bedroom and bathroom count. It is a lot in Hamilton.
How much would the monthly mortgage be on 1278 Hwy 5 W?
About $4,908 a month — principal and interest on $999,000 with 20% down ($199,800), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 1278 Hwy 5 W compare with other homes in Hamilton?
Its asking price of $999,000 is about 48% above the median sold price in Hamilton over the last 90 days, $675,000, across 1,828 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 1278 Hwy 5 W been sold before?
Summitly has no earlier MLS® sale or lease of 1278 Hwy 5 W on record from the last two years. Older records aren't shown under TRREB rules.
Where is 1278 Hwy 5 W?
1278 Hwy 5 W is in Hamilton, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 1278 Hwy 5 W been on the market?
345 days — 1278 Hwy 5 W was listed on November 12, 2025.
What is the lot size of 1278 Hwy 5 W?
The lot measures 414.67 × 975.50 Acres (7.495 acres), as published in the listing.
What is the land transfer tax on 1278 Hwy 5 W?
About $16,455 in Ontario land transfer tax at the asking price of $999,000. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
How do I book a viewing of 1278 Hwy 5 W or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for 1278 Hwy 5 W?
The listing for 1278 Hwy 5 W doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Hamilton.