$2,480,000
 $13,313 est/mo Sourced by Back At You

1893 Rymal Road E , Hamilton, ON L8J 2R6

Hamilton, ON L8J 2R6

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Description

Prime Development Opportunity on Rymal Road - Assemble 3 Parcels for Maximum Potential! 1893, 1897 & 1899 Rymal Road, Hamilton, Unlock the full potential of this purpose-built apartment site by assembling all three parcels, Frontage: Over 241 feet along Rymal Road, Land Size: Just over 1 acre combined. Zoning: C5 Mixed-Use Zoning approved, allowing for 6 to 12 floors. Unit Potential: Build 200+ units (buyer to confirm with the City of Hamilton).Infrastructure: Road widened with services at the property line. Turnkey Building Option: We can connect you with a CMHC-approved builder to streamline your project. Vendor Financing: Vendor may consider a Vendor Take-Back (VTB) Mortgage for qualified buyers. This is a rare chance to acquire a high-visibility development site in a growing area with incredible potential for residential and commercial success. Don’t miss this opportunity to shape the future of Rymal Road

Details

MLS#40690041
Listing TypeFor Sale
StyleCommercial
Sub-TypeResale
StatusActive
Days On Site20
Listing Provided ByRE/MAX Escarpment Realty Inc. | Mark Silenzi

Features

ZoningC5
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Information Technology of Southern Ontario MLS.

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Listings Checked: 3 minutes ago
StateON
CountyHamilton
CityHamilton
Zip CodeL8J 2R6
Area50 Stoney Creek
Subarea503 Trinity
Community Name503 Trinity
Listing VS Median (in 503 Trinity)
Price:
$2,480,000
low | high
Med:
$679,900
100% of Average
On Site:
20
low | high
Med:
80.000000
25% of Average
Sourced by Back At You
Listing Updated: February 8, 2025 at 3:54:24 PM PST