$1,899,000
2-Bed
4-Bath
3000-3500 Sq. ft
Listed on 7/24/24
Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.
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.
W9052885
Detached, 2-Storey
3000-3500
12+4
2
4
3
Detached
12
51-99
Full, Part Fin
Y
N
Brick
Forced Air
N
$9,172.00 (2023)
< .50 Acres
150.00x79.51 (Feet)