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1897 Rymal Road E Hamilton, Ontario L8J 2R6

1000 sqft
Central Air Conditioning Forced Air

$2,151,000

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 40690293
Property Type Multi-family
AmenitiesNearBy Place Of Worship, Public Transit, Schools
ParkingSpaceTotal 5

Building

BasementDevelopment Finished
BasementType Full (finished)
CoolingType Central Air Conditioning
ExteriorFinish Aluminum Siding
FoundationType Poured Concrete
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 10
SizeInterior 1000 Sqft
UtilityWater Municipal Water

Land

Acreage No
LandAmenities Place Of Worship, Public Transit, Schools
Sewer Municipal Sewage System
SizeDepth 203 Ft
SizeFrontage 66 Ft
SizeTotalText 1/2 - 1.99 Acres
ZoningDescription C5

https://www.realtor.ca/real-estate/27838315/1897-rymal-road-e-hamilton

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