Maintenance fees
-
Locker
-
Exposure
-
Possession
-
Price per sqft
$2,480,000
Taxes
$5,970 (2024)
Outdoor space
-
Age of building
-
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Description
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
Broker: RE/MAX Escarpment Realty Inc.
MLS®#: 40689791
Property details
Neighbourhood:
Parking:
12
Parking type:
-
Property type:
Condo Apt
Heating type:
Forced Air
Style:
Other
Ensuite laundry:
-
MLS Size:
1 sqft
Lot front:
80 Ft
Listed on:
Jan 24, 2025
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Instant estimate:
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