Burlington L7S 1E8 Ontario
MLS: W12482830
Added 2 days ago | For Sale
Listed by: ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Detached 2-storey home on a 44' x 160' lot (7,082 SF). Home is 2,100 SF in size. Currently also includes a commercial / retail unit at front of bldg on the ground floor with 2-pc washroom (Buyer to verify if legal continued use would be permitted, if necessary). Current use for the 372 SF commercial space is a dry cleaning pickup/dropoff depot (not plant). Rear of ground floor is a residential unit of 1 bedroom, kitchen, and washroom. The second floor features 3 bedrooms & one washroom. Separate entrances for business and residence. Property is fully tenanted with total rental income of $3,300 / month (tenants pay utilities additionally). Home is located 2 blocks away from Lakeshore Rd, the Waterfront Trail, Spencer Smith Park with its Burlington Lakeshore Playground, and Lake Ontario! Quiet & safe family-oriented neighbourhood compared to busy GO station areas. Walking distance to downtown Burlington and a 3 min drive to Joseph Brant Hospital, quick access to major highways including the QEW, 403, and 407, and nearby Mapleview Shopping Centre. *** Immediate re-development potential: can be purchased with 3 additional adjacent properties 1280, 1290, 1292 to form a 30,104 SF (0.69 ac) high-rise site (already designated as such in Burlington OP). Total site dimension of 4 properties: 187 ft x 160 ft. Vacant possession of all 4 properties is possible, or Buyer can assume tenants for holding income until redevelopment.
| Level | Type | Features | Dimensions |
|---|---|---|---|
| Ground | Office | 55 ft, 9 in x 49 ft, 3 in | |
| Utility Room | 9 ft, 10 in x 19 ft, 8 in | ||
| Bedroom | 45 ft, 11 in x 32 ft, 10 in | ||
| Kitchen | 42 ft, 8 in x 32 ft, 10 in | ||
| Second | Bedroom 2 | 39 ft, 4 in x 23 ft | |
| Study | 49 ft, 3 in x 16 ft, 5 in | ||
| Bedroom 3 | 39 ft, 4 in x 23 ft | ||
| Bedroom 4 | 42 ft, 8 in x 36 ft, 1 in | ||
| Bathroom | 26 ft, 3 in x 23 ft |
No property rooms available.
