2149 Caroline Street, Burlington ON L7R 1L7

$ 1,899,000
2149 Caroline Street, Burlington ON L7R 1L7,
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Overview

  • Updated On:
  • December 3, 2024
  • 5 Bedrooms
  • 3 Bathrooms
  • 3,302 ft2

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.

Address: 2149 Caroline Street, Burlington ON L7R 1L7
State/County:
Zip: L7R 1L7
Country: CA
Open In Google Maps
Property Id : 2171436
Price: $ 1,899,000
Property Size: 3,302 ft2
Bedrooms: 5
Bathrooms: 3
Other Features
Has Garage
Has Heating System
Open Parking
Other
Refrigerator
Stove
$ 7,362.80
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 7,362.80

Mazher Latif

Real Estate Agent
Member of: Cityscape Real Estate Ltd., Brokerage

Contact Me

Schedule a showing?
Call +1 (519) 209-6934 WhatsApp

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Mazher Latif