1899 Rymal Road E Hamilton, ON L8J 2R6
Listing Courtesy of: ITSO / Re/Max Escarpment Realty Inc.

  1899 Rymal Road E Hamilton, ON L8J 2R6

Active (15 Days)
$2,950,000

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

MLS®:
40690362
Taxes
$5,065
Type
Multifamily
County
Hamilton

Listed By

Mark Silenzi, Re/Max Escarpment Realty Inc.
Source
ITSO
Last checked Feb 9 2025 at 12:53 AM GMT+0000
Bathroom Details
Interior Features
  • Laundry: In-Suite
  • Other
Lot Information
  • Schools
  • Public Transit
  • Public Parking
Property Features
  • Foundation: Poured Concrete
Heating and Cooling
  • Natural Gas
  • Forced Air
  • Central Air
Basement Information
  • Unfinished
  • Full
Exterior Features
  • Roof: Asphalt Shing
Utility Information
  • Sewer: Sewer (Municipal)
Parking
  • Total: 6
Stories
  • 10
Living Area
  • 1,000 sqft
Location
   
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
Jan 25, 2025
Price Changed
$2,950,000
7%
200,000
Disclaimer: Listing content protected by copyright and licensed by Information Technology Systems Ontario: Data last updated: 2/8/25 16:53