Home with brick exterior material, street for 295 Plains Rd, Burlington Ontario L7T 1G1
Re-listed 2 days ago

295 Plains Rd, Burlington, Ontario L7T 1G1

Other
-
-
~8850 sqft
$•••,•••
$1,349,990
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Other
-
-
~8850 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$152/sqft

Est. Mortgage$5,798/mo

Tax Amount (2024)$4,580/yr

Days On Market2 days

Total Days On Market227 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. 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!** Office Use not permitted unless Buyer were to submit application to committee of adjustments.


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
$•••,•••
2 days on market
history photo preview40
Listing by trreb®
Property listed by ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES, Brokerage

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Market Data - LaSalle

Geo Zone Map ThumbnailLaSalle

Strong 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

28 days

Compared to

2024

39 days

2023

27 days

2022

7 days

New Listings

Past 30 days

70 listings

Compared to

2024

39 listings

2023

40 listings

2022

56 listings

Units sold

Past 30 days

18 units

Compared to

2024

19 units

2023

33 units

2022

46 units

Median Sold Price

Past 30 days

$1,028,750

Compared to

2024

$978,500

2023

$910,000

2022

$1,177,500


Population and Demographics

Overview

Total population 19121
Average household income $143,051

Age (%)

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

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%

Schools and amenities

Estimated Budget