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