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. |
Price | $1,899,000 |
Taxes: | $9172.00 |
Assessment: | $999000 |
Assessment Year: | 2024 |
Occupancy by: | Tenant |
Address: | 2149 CAROLINE St , Burlington, L7R 1L7, Ontario |
Postal Code: | L7R 1L7 |
Province/State: | Ontario |
Legal Description: | PART LOTS 1 & 2, BLOCK 7, PLAN 71, PART |
Lot Size: | 79.91 x 150.00 (Feet) |
Directions/Cross Streets: | Brant- Caroline |
Total Area: | 4357.00 |
Total Area Code: | Sq Ft |
Area Influences: | Park |
Approximatly Age: | 51-99 |
Washrooms: | 3 |
Heat Type: | Forced Air |
Central Air Conditioning: | None |
Sewers: | Sewers |
Water: | Municipal |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
Royal LePage Real Estate Services Ltd., Brokerage |
|
Book Showing | Email a Friend |
Type: | Com - Investment |
Area: | Halton |
Municipality: | Burlington |
Neighbourhood: | Brant |
Style: | |
Lot Size: | 79.91 x 150.00(Feet) |
Approximate Age: | 51-99 |
Tax: | $9,172 |
Maintenance Fee: | $0 |
Beds: | |
Baths: | 3 |
Garage: | 0 |
Fireplace: | |
Air Conditioning: | |
Pool: |