14 Days on Market

492 Locust St, Burlington, Ontario L7S 2R1

$2,150,000
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Townhouse
3
5
~3500-5000 sqft

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Highlights

Estimated Value$2,681,000*

Price/Sqft$522/sqft

Days On Market14 days

Est. Mortgage$9,233/mth

Tax Amount (2023)$13,299/yr

*Last updated on: 24/05/18

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 property100+
SqFt~3500-5000 SqFt
Lot Size8,844 SqFt(132 x 67)
Parking Spaces10
MLS ®NumberW8304568
Community NameBurlington Waterfront
Board NameTRREB

Features

Heating: Water
Cooling: Central Air
Fireplace
Basement: Full, Unfinished

Main Floor

Office

4.50 x 4.49

Fireplace / Hardwood Floor

Office

3.99 x 3.99

Vinyl Floor

Kitchen

2.48 x 2.31

Vinyl Floor

Other

3.44 x 2.88


Features

Lot size: 8,844 SqFt

Parking

Garage spaces -

Garage type -

Other parking spaces 10

Total parking spaces 10


Property History

Now
Listed for$2,150,000
14 days on market
history photo preview38
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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

$840,000

13.54% less than GTA:

$971,500

Median Bidding

Underbidding - Trending to buyer market

-$3,000

Median Number of Sales

16 sales

650 sales less than GTA:

666 sales

Median Number of Days on Market

12 days

similar to GTA:

12 days

Want more insights?Visit the Market Pulse


Schools and amenities

Estimated Budget

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