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Listed by Mark Silenzi • RE/MAX Escarpment Realty Inc.
$3,189,000
Est. payment /mo
Active
1901 Rymal Road E Hamilton, ON L8J 2R6
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Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 40695847
Originating Board Hamilton - Burlington
Annual Tax Amount $4,528
Property Sub-Type Commercial
Property Description
Prime Development Opportunity on Rymal Road – Assemble 4 Parcels for Maximum Potential! 1893, 1897 & 1899 , 1901 Rymal Road, Hamilton, Unlock the full potential of this purpose-built apartment site by assembling all three parcels, 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 Rymal Road North Side / 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 102.0
Lot Depth 193.0
Garage No
Building
Lot Description Urban, High Traffic Area, Public Transit, Schools
Faces Rymal Road North Side / Dakota
Sewer Septic Tank
Water Municipal
New Construction No
Others
Senior Community No
Tax ID 170860352
Ownership Freehold/None
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