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Listed by Mark Silenzi • RE/MAX Escarpment Realty Inc.
$2,151,000
Est. payment /mo
UPDATED:
01/28/2025 03:24 PM
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 40690276
Originating Board Hamilton - Burlington
Annual Tax Amount $3,882
Property Sub-Type Commercial
Property 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
Location
Province ON
County Hamilton
Area 50 - Stoney Creek
Zoning C5
Direction SOUTH SIDE RYMAL ROAD, AND DAKOTA
Rooms
Kitchen 0
Interior
Fireplace No
Exterior
Utilities Available At Lot Line-Gas, At Lot Line-Hydro, At Lot Line-Municipal Water
Lot Frontage 66.0
Lot Depth 203.0
Garage No
Building
Lot Description Urban, Public Transit, Schools
Faces SOUTH SIDE RYMAL ROAD, AND DAKOTA
Sewer Sewer (Municipal)
Water Municipal
New Construction No
Others
Senior Community No
Tax ID 170860024
Ownership Freehold/None
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