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). 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.
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DAYS ON MARKET
|
132
|
LAST UPDATED
|
8/12/2024
|
|
GARAGE SPACES
|
3.0
|
COUNTY
|
Ontario
|
|
STATUS
|
Active
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PROPERTY TYPE(S)
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Single Family
|
| AIR |
None |
| AREA |
Halton |
| BASEMENT |
Full, Part Fin, Yes |
| CONSTRUCTION |
Brick |
| GARAGE |
Detached, Yes |
| HEAT |
Forced Air | Gas |
| INTERIOR |
Living Room: Combined W/Dining |
| LOT |
0 |
| LOT DESCRIPTION |
Level, Library, Park, School |
| PARKING |
8 Space(s) |
| POOL DESCRIPTION |
None |
| SEWER |
Sewers |
| STYLE |
2 Levels |
| TAXES |
9172.00 |
| WATER |
Municipal |
| ZONING |
R3.2 |
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Listed with ROYAL LEPAGE REAL ESTATE SERVICES LTD.
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