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202 days on Market

492 Locust St, Burlington, Ontario L7S 1V2

$2,150,000
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Townhouse
-
5
~3660 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$587/sqft

Est. Mortgage$9,233/mo

Tax Amount (2023)$13,299/yr

Days On Market202 days


Description

Welcome to the epitome of historical charm and modern convenience! This exquisite 1890's Victorian home, located in beautiful downtown Burlington, presents an exceptional investment opportunity. Boasting four fully occupied units with fantastic tenants, this turnkey property ensures immediate income generation. Recent updates include a new boiler system in 2024 and mostly newer windows, while the roof was replaced in 2008, offering durability and peace of mind. With parking for up to 10 cars and numerous updates in 2004 and since, this property has been meticulously maintained by both tenants and current owners. Situated in a prime location close to amenities, shops, and transportation, this well-cared-for gem is a great opportunity. Don't miss out on this rare chance to own a piece of Burlington's history while securing a prosperous future. Be sure to schedule a private viewing and seize this extraordinary opportunity today!


Property Details

Style3 Storey
View-
Age of property1890
SqFt~3660 SqFt
Lot Size8,844 SqFt(132 x 67)
Parking Spaces10
MLS ®NumberXH4192785
Community NameBurlington Waterfront
Data SourceITSO

Features

Heating: Baseboard, Natural Gas, Radiant
Basement: Full, Unfinished, Sump Pump

Features

Lot size: 8,844 SqFt
Sewer (Municipal)

Parking

Garage spaces -

Garage type -

Total parking spaces 10


Property History

Now
ListedFor Salefor$2,150,000Active
202 days on market
Listing by itso®
Now
ListedFor Salefor$2,150,000Active
202 days on market
Listing by rahb®
history photo preview41
ListedFor Salefor$2,150,000Terminated
Stayed 139 days on market
Listing by rahb®
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Property listed by RE/MAX Escarpment Realty Inc., 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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