Frontside or backside of a home, cottage for 2149 Caroline St, Burlington Ontario L7R 1L7
79 days on Market

2149 Caroline St, Burlington, Ontario L7R 1L7

Townhouse
-
3
~4357 sqft
$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 Market79 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
Listing byRoyal LePage Real Estate Services Ltd., Brokerage

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 listed by Royal LePage Real Estate Services Ltd., Brokerage, Brokerage

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Market Data - Burlington Waterfront

Balanced Market

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

19 days

Compared to

2023

27 days

2022

43 days

2021

17 days

New Listings

Past 30 days

10 listings

Compared to

2023

6 listings

2022

3 listings

2021

2 listings

Units sold

Past 30 days

2 units

Compared to

2023

2 units

2022

7 units

2021

4 units

Median Sold Price

Past 30 days

$945,000

Compared to

2023

$1,370,000

2022

$820,000

2021

$996,500


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