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11 SPRINGSIDE Drive, Hamilton, Ontario

$1,600,000

MLS® 40864902

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:56426)

John Diliberto

Listed by RE/MAX Escarpment Realty Inc.

The neighbourhood

About the area

Census figures and the live market for the area this home sits in, matched from the property’s own location on the map.

Population
1,419
Median household income
$133,333
Median home value
$800,548
Owner-occupied
98%
Homes for sale
3
Median list price
$1,600,000

Source: Statistics Canada 2021, LiveBy

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Karen McGuffin
Residential Realtor

Karen McGuffin

(519) 216-1956
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The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

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