$2,950,000
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:47351)
Property Details
MLS® Number
|
40690353 |
Property Type
|
Vacant Land |
Amenities Near By
|
Hospital, Public Transit, Schools |
Building
Basement Type
|
None |
Utility Water
|
Municipal Water |
Land
Acreage
|
No |
Land Amenities
|
Hospital, Public Transit, Schools |
Sewer
|
Municipal Sewage System |
Size Depth
|
193 Ft |
Size Frontage
|
95 Ft |
Size Total Text
|
1/2 - 1.99 Acres |
Zoning Description
|
C5 |
https://www.realtor.ca/real-estate/27838314/1899-rymal-road-e-hamilton