443 Pearl Street, Burlington ON L7R 2N2

$ 7,499,000
443 Pearl Street, Burlington ON L7R 2N2,
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Overview

  • Updated On:
  • April 15, 2025
  • 40 Bedrooms
  • 24 Bathrooms
  • 20,608 ft2

Description

This 24-unit apartment building offers investors a rare opportunity to acquire a value-add, multi-family asset in downtown Burlington – one of Canada’s most sought-after residential neighbourhoods. This easy to manage 4-storey building has (8) one-bedroom units and (16) two-bedroom units with no elevator or underground parking and separately metered hydro. It also features three new IBC WIFI gas boilers. There is significant revenue growth potential with a 45% rental upside and future development potential. Located steps to restaurants, nightlife, shopping and cultural attractions. Just a short walk to the beautiful waterfront of Lake Ontario, the Brant Street Pier & Spencer Smith Park. With a Walk Score of 96 and easy access to public transit, every amenity is right at the doorstep. This neighbourhood is a gateway to the downtown core of Burlington and there is major highway access nearby easily connecting this area with downtown Toronto, Hamilton or Niagara.

Address: 443 Pearl Street, Burlington ON L7R 2N2
State/County:
Zip: L7R 2N2
Country: CA
Open In Google Maps
Property Id : 2627858
Price: $ 7,499,000
Property Size: 20,608 ft2
Bedrooms: 40
Bathrooms: 24
Outdoor Details
balcony
Other Features
Has Heating System
None
Open Parking
Refrigerator
Stove
$ 29,075.11
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 29,075.11

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