2149 CAROLINE Street, Burlington, Ontario, L7R 1L7

$1,899,000

MLS® # 40656964

Investment For Sale In Brant, Burlington, Ontario

$1,899,000

Property Information:

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:7525)

Building Features:

  • Style: Triplex
  • Building Type: Triplex
  • Basement Development: Partially finished
  • Basement Type: Full
  • Exterior Finish: Other
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: None

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Bedrooms: 5
  • Bathrooms: 3
  • Amenities Nearby: Park, Schools, Shopping
  • Built in: 1950
  • Lot Depth: 150.0 Feet
  • Lot Frontage: 80.0 Feet
  • Zoning: R3.2
  • Sewer: Municipal sewage system
  • Parking Type: Detached garage
  • No. of Parking Spaces: 11

Courtesy of: Royal LePage Real Estate Services Ltd.

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