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
MLS# | 40690353 |
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Listing Type | For Sale |
Style | Commercial |
Sub-Type | Resale |
Status | Active |
Days On Site | 18 |
Listing Provided By | RE/MAX Escarpment Realty Inc. | Mark Silenzi |
Zoning | C5 |
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State | ON |
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County | Hamilton |
City | Hamilton |
Zip Code | L8J 2R6 |
Area | 50 Stoney Creek |
Subarea | 503 Trinity |
Community Name | 503 Trinity |
Listing VS Median (in 503 Trinity) | |
Price: $2,950,000 low | high Med: $699,990 On Site: 18 low | high Med: 483.000000 |