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1893 Rymal Road E Hamilton, Ontario L8J 2R6

1 sqft
Central Air Conditioning Forced Air

$2,480,000

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 (id:58671)

Property Details

MLS® Number 40689791
Property Type Multi-family
AmenitiesNearBy Place Of Worship, Schools
CommunityFeatures School Bus
Features Automatic Garage Door Opener
ParkingSpaceTotal 12

Building

BasementDevelopment Finished
BasementType Full (finished)
CoolingType Central Air Conditioning
ExteriorFinish Other
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 10
SizeInterior 1 Sqft
UtilityWater Municipal Water

Land

AccessType Highway Access
Acreage No
LandAmenities Place Of Worship, Schools
Sewer Municipal Sewage System
SizeFrontage 80 Ft
SizeTotalText 1/2 - 1.99 Acres
ZoningDescription C5

https://www.realtor.ca/real-estate/27838318/1893-rymal-road-e-hamilton

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