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1897 RYMAL Road E, Hamilton, Ontario

$2,151,000

1,000 Square Feet

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:23309)

Listing ID: 40690293
Property Type: Multi-family

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Details

Amenities Nearby: Place of Worship, Public Transit, Schools
Ownership: Freehold
Parking Spaces: 5
Transaction: For sale
Zoning Description: C5

Building

BasementType: Full (Finished)
Basement Development: Finished
Cooling: Central air conditioning
Exterior Finish: Aluminum siding
Fireplace Present: False
Foundation: Poured Concrete
Heating: Forced air
Heating Fuel: Natural gas
Size Interior: 1000 sqft
Stories Total: 10
Utility Water: Municipal water

Land

Amenities: Place of Worship, Public Transit, Schools
Sewer: Municipal sewage system
Size Frontage: 66 ft

Listing provided by RE/MAX Escarpment Realty Inc.
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.

This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 1897 RYMAL Road E in Hamilton Ontario. It was last modified on January 24th, 2025. Contact Heather Buchanan-Curren to schedule a viewing or to discover other Hamilton real estate for sale.

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