261 days on Market

492 Locust St, Burlington, Ontario L7S 2R1

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

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Highlights

Estimated ValueNot available

Price/Sqft$522/sqft

Est. Mortgage$9,233/mo

Tax Amount (2023)$13,299/yr

Days On Market261 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 property100+
SqFt~3500-5000 SqFt
Lot Size8,844 SqFt(132 x 67)
Parking Spaces10
MLS ®NumberW8304568
Community NameBurlington Waterfront
Data SourceTRREB
Listing byRE/MAX ESCARPMENT REALTY INC.

Features

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

Main Floor

Kitchen

2.48 x 2.31

Vinyl Floor

Kitchen

2.01 x 2.83

Office

4.50 x 4.49

Fireplace / Hardwood Floor

Office

3.99 x 3.99

Vinyl Floor


Features

Lot size: 8,844 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 10


Property listed by RE/MAX ESCARPMENT REALTY INC., Brokerage

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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