1899 Rymal Road E Hamilton, Ontario L8J 2R6

$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