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$ 1,899,000
Est. payment /mo
Active
2149 CAROLINE Street Burlington, ON L7R1L7
5 Beds
3 Baths
4,357 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 4,357 sqft
Price per Sqft $435
Subdivision 312 - Central
MLS® Listing ID 40656964
Bedrooms 5
Originating Board The Oakville, Milton & District Real Estate Board
Year Built 1950
Property 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. (id:24570)
Location
Province ON
Interior
Heating Forced air,
Cooling None
Exterior
Garage Yes
View Y/N No
Total Parking Spaces 11
Private Pool No
Building
Story 2
Sewer Municipal sewage system
Others
Ownership Freehold
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