For Sale

1897 RYMAL Road, Hamilton, Ontario L8J2R6

$2,151,000

1897 RYMAL Road, Hamilton, Ontario L8J2R6 is For Sale and has a listing price of 2,151,000. The property is located in the neighbourhood. It's been on the website for 36 Days.

  • Vacant Land
    Property Type
  • MLS ID: 40690276
  • Office Name RE/MAX Escarpment Realty Inc.
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 (id:43137)

Property Details
  • MLS ID: 40690276
  • Price: $2,151,000
  • Transaction Types: For Sale
  • Ref ID: 27838316
  • Year Built: N/A
  • Property Type: Vacant Land
  • Property Type: Commercial
  • Property Sub Category: Vacant land
Price History
List Date MLS ID List Price Status End Date Closed Price
01/24/2025 40690276 $2,151,000 For Sale - -
01/24/2025 40690293 $2,151,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Hamilton
  • $961,057 Average List Price
    based on 1 year
  • 318 New Listings
    based on 30 days
  • 110 Median Days on Market
    based on 1 year
  • List vs. Selling Price 143.94 % Up
  • Sold (12mo) 1,466
  • Rented (12mo) 607

  • 1 Month Change -4.4%
  • 3 Month Change -5.9%
  • 6 Month Change +3.4%
Vacant Land
All Properties
$6.0M$6.0M$5.0M$5.0M$4.0M$4.0M$3.0M$3.0M$2.0M$2.0M$1.0M$1.0M$0$0October 2022October 2022January 2023January 2023April 2023April 2023May 2023May 2023June 2023June 2023July 2023July 2023August 2023August 2023September 2023September 2023October 2023October 2023November 2023November 2023December 2023December 2023January 2024January 2024February 2024February 2024March 2024March 2024May 2024May 2024June 2024June 2024July 2024July 2024August 2024August 2024September 2024September 2024October 2024October 2024November 2024November 2024December 2024December 2024January 2025January 2025February 2025February 2025March 2025March 2025
Walkscore
Property Type Distribution
73.9%6.4%19.2%
  • All Houses
    73.94%
  • All Houses/Commercial
  • Commercial
    6.37%
  • Condo
    19.2%
  • Land for Sale
    0.48%
Additional Details
  • Sewers Municipal Sewage System
  • Basement2 None
  • Water Municipal Water
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 24/01/2025 00:00:00
  • Zoning Ru4
  • Agent Name: Mark Silenzi
  • Address Subdivision: 503 - Trinity
  • Last Updated: 28/01/2025 15:36:35
Open House Dates
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