Home with brick exterior material, street for 295 Plains Rd, Burlington Ontario L7T 1G1
Re-listed 90 days ago

295 Plains Rd, Burlington, Ontario L7T 1G1

Other
-
-
~8850 sqft
$•••,•••
$1,299,000
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$12,990Cashback
Other
-
-
~8850 sqft

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Highlights

Property Estimate

Days on market90 days

Total days on market
315 days

Estimated valueNot available

Price/Sqft$146/sqft

Monthly cost

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CMA Subject Property

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+26

Properties sold*

$1.2M

Median sold price*

*Based on last 30 days

Description

Welcome to 295 Plains Rd, a rare gem for investors seeking versatility and potential! This property is wired to accommodate three residential units, making it an ideal income-generating opportunity or multi-family living solution. Take advantage of rare zoning excemption as up to 4 units are permitted on the property. Located in a prime area, it's ready to become the crown jewel of your portfolio. What sets this property apart is its eligibility per city guidelines to operate as a daycare center, a high-demand service in the community. Its unbeatable location near the GO station and 403 ON ramp ensures convenience for families and commuters, making it a strategic business choice. With no historical designation, you have the freedom to reimagine or renovate the space as you see fit. Whether you envision a residential haven or a bustling childcare center, the possibilities are endless. This property combines location, flexibility, and future-forward potential to deliver an unparalleled investment opportunity. Seize this chance to bring your vision to life at 295 Plains Rd!** Zoning does not permit office use; however, in-home businesses are allowed, making this a perfect choice for end-users looking to operate their at-home business with a wide range of permitted uses. Ample parking for clients/customers and potential basement income make this an ideal option for a financially savvy entrepreneur.


Property Details

StyleApartment
View-
Age of property51-99
SqFt~8850 SqFt
Lot Size8,850 SqFt(177 x 50)
Parking Spaces-
MLS ®NumberW12097161
Community NameLaSalle
Data SourceTRREB
Listing byROYAL LEPAGE BURLOAK REAL ESTATE SERVICES

Features

Heating: Gas Forced Air Open
Cooling: Y
Basement: Y

Features

Lot size: 8,850 SqFt

Property History

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Price changeActive
$•••,•••
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Re-listed
$•••,•••
90 days on market
history photo preview40
Listing by trreb®

Market Data - LaSalle

Geo Zone Map ThumbnailLaSalle

Buyer's Market

View Market Data

Other - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

33 days

Compared to

2024

47 days

2023

17 days

2022

10 days

New Listings

Past 30 days

65 listings

Compared to

2024

54 listings

2023

66 listings

2022

58 listings

Units sold

Past 30 days

25 units

Compared to

2024

26 units

2023

37 units

2022

20 units

Median Sold Price

Past 30 days

$880,000

Compared to

2024

$1,195,000

2023

$1,173,500

2022

$1,000,055


Population and Demographics

Overview

Total population 19121
Average household income $143,051

Age (%)

0 to 19
18%
20 to 34
16%
35 to 49
17%
50 to 64
21%
65 and plus
28%

Household composition (%)

Single family
64%
Single person
33%
Multi person
3%
Multi family
0%

Mother tongue (%)

English
86%
Others
4%
Arabic
2%
French
2%
Spanish
2%
Polish
1%
Italian
1%

House tenancy (%)

Owners
61%
Renters
39%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget