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11 SPRINGSIDE Drive

Hamilton

,

Ontario

L9B1M5

$1,600,000

Vacant Land

Residential infill lot zoned and for 7 Freehold townhouse units . Located at the corner of Rymal Road and Springside Drive. Lot size frontage 168ft x180 ft . 11 Springside was rezoned from B to RT-30/H (street Townhouse) District . Holding to permit the development of seven street townhouses approved by City of Hamilton Planning Committee in late 2022 under application ZAC -19-056 . Builder can benefit with the announced $572 million federal-provincial investment to Hamilton Housing infrastructure. The City has committed to eliminating development charges for a three -year period until March 31st/2029 Buyers savings Benefit with HST rebate on new residential first time buyer. WIN - WIN FOR BUILDERS AND BUYERS Great location for Towns, steps to Upper James and all amenities, shopping, public transit, McDonald's, Tim Hortons etc. Easy access to the Linc Expressway and 403 Highway. Tenants Pay $2,600.00 per month plus utilities. Special Note.The Seller will assist with VTB if required (id:6355)

DETAILS

Listing ID: 40864902

Transaction Type: For sale

Bedrooms:

Bathrooms:

Kitchens:

Constructed Date:

Maintenance Fee: /

Maintenance Type:

Land Size Total Text: 0.438 ac|under 1/2 acre

Land Size Irregular: 0.438

Building Size Interior:

Building Utility Water: Municipal water

Building Heating Type:

Building Cooling Type:

Building Fixture:

Land Sewer: Municipal sewage system

Storage Type:

Courtesy Of: RE/MAX Escarpment Realty Inc.

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416-909-5517
416-587-0122

Revel Realty Inc., Brokerage
296 Queen Street S.
Mississauga, ON L5M 1M2
1-855-738-3547

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