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Renanza Realty
For sale

11 SPRINGSIDE Drive

Hamilton, Ontario

MLS® 40864902

$1,600,000

Status
Active
Property type
Vacant land
MLS® number
40864902
Bedrooms
—
Bathrooms
—
Year built
—

Listing description

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

Property summary

MLS® number
40864902
Property type
Vacant Land
Title
Freehold
Land size
0.438 acres
Annual property taxes
$6,540.38
Days on market
12 days

Features & details

Basement
None
Lot features
Corner Site

What would this home cost you?

Based on the $1,600,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$7,445 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of RE/MAX Escarpment Realty Inc., Hamilton.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.