A pic from exterior of the house or condo, the front or back of building for 985 Kingsway Dr, Burlington Ontario L7T 3J1
Sold conditionally
67 days on Market

985 Kingsway Dr, Burlington, Ontario L7T 3J1

Townhouse
8
8
- sqft
$1,899,999
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Townhouse
8
8
- sqft

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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$8,160/mo

Tax Amount (2024)$8,309/yr

Days On Market67 days


Description

6.3% cap rate. 8-units (3x 2b & 5x 1b) total including 3 vacant. Meticulously maintained building features revitalized common areas and updated exterior retaining wall. Tenants pay Hydro. Flat roof (2022). Clean Environmental Phase 1 (2024). Laundry on site. 11 parking spots. Located less than 3 km from Aldershot GO Station, Highway 403, and Mapleview Shopping Centre.


Property Details

Style2-Storey
View-
Age of property-
SqFt-
Lot Size10,763 SqFt(141.62 x 76)
Parking Spaces11
MLS ®NumberW9396611
Community NameLaSalle
Data SourceTRREB
Listing byMYSAK REALTY INC.

Features

Heating: Water
Basement: Finished

Features

Lot size: 10,763 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 11


Property listed by MYSAK REALTY INC., Brokerage

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Market Data - LaSalle

Seller's Market

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

40 days

Compared to

2023

20 days

2022

2 days

2021

4 days

New Listings

Past 30 days

6 listings

Compared to

2023

7 listings

2022

0 listing

2021

0 listing

Units sold

Past 30 days

3 units

Compared to

2023

1 unit

2022

1 unit

2021

6 units

Median Sold Price

Past 30 days

$660,000

Compared to

2023

$710,000

2022

$676,200

2021

$826,167


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