6 hours on Market

2149 Caroline St, Burlington, Ontario L7R 1L7

Detached
2
4
~3000-3500 sqft
$1,899,000
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Detached
2
4
~3000-3500 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$588/sqft

Est. Mortgage$8,155/mo

Tax Amount (2024)$9,172/yr

Days On Market6 hours


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). 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.


Property Details

Style2-Storey
View-
Age of property51-99
SqFt~3000-3500 SqFt
Lot Size11,926 SqFt(150 x 79.51)
Parking Spaces12
MLS ®NumberW11947410
Community NameBurlington Waterfront
Data SourceTRREB
Listing byROYAL LEPAGE REAL ESTATE SERVICES LTD.

Features

Heating: Forced Air
Basement: Full, Part Fin

Main Floor

Br

3.87 x 3.62

Br

3.38 x 2.62

Living

6.58 x 4.60

Combined W/Dining

Kitchen

5.38 x 3.53


Features

Lot size: 11,926 SqFt

Parking

Garage spaces 3

Garage type Detached

Other parking spaces 9

Total parking spaces 12


Property History

Jan 30, 2025
ListedActive
$1,899,000
6 hours on market
history photo preview40
Listing by trreb®
Property listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD., Brokerage

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Market Data - Burlington Waterfront

Geo Zone Map ThumbnailBurlington Waterfront

Strong Buyer's Market

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

39 days

Compared to

2024

43 days

2023

34 days

2022

24 days

New Listings

Past 30 days

29 listings

Compared to

2024

20 listings

2023

4 listings

2022

2 listings

Units sold

Past 30 days

3 units

Compared to

2024

6 units

2023

4 units

2022

9 units

Median Sold Price

Past 30 days

$1,620,000

Compared to

2024

$1,032,500

2023

$1,082,500

2022

$1,650,000


Population and Demographics

Overview

Total population 22723
Average household income $136,954

Age (%)

65 and plus
28%
50 to 64
23%
20 to 34
17%
35 to 49
17%
0 to 19
15%

Household composition (%)

Single family
55%
Single person
41%
Multi person
3%
Multi family
0%

Mother tongue (%)

English
88%
Others
4%
Spanish
2%
French
2%
Arabic
1%
Polish
1%

House tenancy (%)

Renters
50%
Owners
50%

Schools and amenities

Estimated Budget