Size
-
Lot size
1113.54 sqm
Street frontage
W
Possession
-
Price per sqm
$6,186
Taxes
$9,172 (2023)
Parking Type
Detached Garage
Style
-
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Description
Attention Builders, Renovators, or Savvy Investors! Rare Opportunity in Downtown Burlington Seize the chance to own a very Rare opportunity to own a 79.91' x 150' residential duplex or building lot in Downtown Burlington. Prime location near amenities, shopping, theatre, transit, trails, parks, and the lake. Situated in a highly desirable mature neighborhood surrounded by renovated and newly built homes. Options include: renovate the existing duplex, build one new home up to 5,000 sq/ft, or build two new homes (severance pending). Currently divided into 3 separate leased units. Potential Uses: Continue renting to three individuals for steady income. With an option for a 4th unit in the basement. Subdivide the property into 2 lots for increased value and flexibility. Upgrade rental units for higher-paying tenants. Hold the property for future appreciation or custom home development. Potential for 4-5 townhome development, pending city approval. 48 hours' notice required to access the tenanted dwelling. Property sold as-is with no representation or warranty. Don't miss this unique one-of-a-kind property with endless potential.
Broker: Royal LePage Real Estate Services Ltd., Brokerage
MLS®#: 40656964
Property details
Parking:
11
Parking type:
Detached Garage
Property type:
Triplex
Heating type:
Forced Air
Style:
-
MLS Size:
307 sqm
Lot front:
24.08 M
Lot depth:
45.72 M
Listed on:
Oct 4, 2024
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Instant estimate:
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