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.
MLS# | W9052885 |
---|---|
Listing Type | For Sale |
Sub-Type | Resale |
Status | New |
Days On Site | 178 |
Listing Provided By | ROYAL LEPAGE REAL ESTATE SERVICES LTD. | Not Provided |
Bed(s) | 2 |
---|---|
Bath(s) | 4 |
Basement | Y |
State | ON |
---|---|
County | Halton |
City | Burlington |
Zip Code | L7R 1L7 |
Area | Brant |
Listing VS Median (in L7R 1L7) | |
Price: $1,899,000 low | high Med: $0 On Site: 178 low | high Med: |