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Property Description

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.

Overview

Property Status
Sold
MLS ID
40694672
Property Type
Multi-Family
Year Built
1950

Features & Amenities

Neighborhood
Burlington
Stories
2
Garage Spaces
3.0
Water Source
Municipal
Roof
Asphalt Shing
Lot Features
Library, Park, Schools, Shopping Nearby
Parking
Detached Garage
Heat Type
Forced Air, Natural Gas
Air Conditioning
None
Other Interior Features
Other
Sewer
Sewer (Municipal)
Substructure
Other
Elementary School
Halton District School Board & Halton Catholic Board
High School
Caroline & Brant
Sales Price
$1,790,000 CAD
Real Estate Tax
$9,172 CAD/yr
Zoning
R3.2

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2149 Caroline Street

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for your interest in 2149 Caroline Street, Burlington, ON L7R 1L7, CA

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