Rare development opportunity for builders and investors. This expansive 1.38-acre land assembly, comprising 603 Rymal Road and 613 Rymal Road, offers approximately 108 feet of frontage and 280 feet of depth, presenting excellent potential for mid-rise residential or townhouse development. The property currently includes two fully leased bungalow homes, providing stable rental income while development plans are pursued. Situated in a rapidly growing area with strong housing demand, this site represents an exceptional opportunity for builders and developers seeking a large parcel with significant future upside potential.
| MLS # | 40873100 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 13 |
| Listing Provided By | RE/MAX Escarpment Realty Inc. | Payam Alidadi Kafraj |
| Bed(s) | 3 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 1,200 |
| Garage | 1 |
| Basement | Y |
| Story(s) | 1 |
| Zoning | AA |
| Acreage | 0.68 |
| Appliances | Dryer, Range Hood, Refrigerator, Stove, Washer |
|---|---|
| Rooms Total | 7 |
| Interior Features | None |
| Cooling | Central Air |
| Cooling Yes / No | No |
| Heating | Natural Gas |
| Heating Yes / No | Yes |
| Window Features | Window Coverings |
| Laundry Features | In-Suite |
| Lot Features | Urban, Park, Public Transit, School Bus Route, Schools, Shopping Nearby |
|---|---|
| Construction Materials | Brick Veneer |
| Roof | Asphalt Shing |
| Foundation Details | Concrete Block |
| Garage Spaces | 1.5 |
|---|---|
| Parking Features | Detached Garage |
| Open Parking Yes / No | Yes |
| Attached Garage Yes / No | No |
| Sewer | Sewer (Municipal) |
|---|
| Tax Annual Amount | 7000 |
|---|
| Province | ON |
|---|---|
| County | Hamilton |
| City | Hamilton |
| Postal Code | L9B 1B7 |
| Area | 16 Hamilton Mountain |
| Subarea | 168 Carpenter |
| Community Name | 168 Carpenter |
| Listing VS Median (in 168 Carpenter) | |
Price: $1,445,000 low | high Med: $799,000 sqft: 1,200 low | high Med: 1,690 $ / sqft: $1,204 low | high Med: $473 On site: 13 low | high Med: 97 | |
| Province | ON |
|---|---|
| County | Hamilton |
| City | Hamilton |
| Postal Code | L9B 1B7 |
| Area | 16 Hamilton Mountain |
| Subarea | 168 Carpenter |
| Community Name | 168 Carpenter |
| Listing VS Median (in 168 Carpenter) | |
Price: $1,445,000 low | high Med: $799,000 sqft: 1,200 low | high Med: 1,690 $ / sqft: $1,204 low | high Med: $473 On site: 13 low | high Med: 97 | |