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48 days on Market

2149 Caroline St, Burlington, Ontario L7R 1L7

$1,899,000
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Townhouse
-
3
~4357 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$435/sqft

Est. Mortgage$8,155/mo

Tax Amount (2023)$9,172/yr

Days On Market48 days


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.


Property Details

StyleResidential Income
View-
Age of property1950
SqFt~4357 SqFt
Lot Size11,986 SqFt(150 x 79.91)
Parking Spaces11
MLS ®Number40656964
Community NameBurlington Waterfront
Data SourceITSO

Features

Heating: Forced Air, Natural Gas
Basement: Full, Partially Finished

Features

Lot size: 11,986 SqFt
Sewer (Municipal)

Parking

Garage spaces 3

Garage type -

Other parking spaces 8

Total parking spaces 11


Property History

Now
ListedFor Salefor$1,899,000Active
48 days on market
Listing by itso®
history photo preview45
Now
ListedFor Salefor$1,899,000Active
120 days on market
Listing by trreb®
history photo preview40
Now
ListedFor Salefor$1,899,000Active
120 days on market
Listing by itso®
history photo preview45
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Property listed by Royal LePage Real Estate Services Ltd., Brokerage, Brokerage

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Market DataFor the past 30 days in Burlington Waterfront

Median Selling Price

$939,000

0.35% less than GTA:

$941,750

Median Bidding

Underbidding - Trending to buyer market

-$20,000

GTA median: -$14,000

Median Number of Sales

27 sales

665 sales less than GTA:

692 sales

Median Number of Days on Market

56 days

33 days more than GTA:

23 days

Want more insights?Visit the Market Pulse


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