2149 CAROLINE Street, Burlington | Image 1

2149 CAROLINE Street

Burlington, Brant

  • Commercial

$1,899,000
For Sale

Added 2 months ago

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  • Type: Investment

  • Property Type: Commercial

  • Zoning: R3.2

  • Age: 51-99 years

  • Taxes: 9172

  • MLS®#: W10403897

  • Days on Site: 68 Days

  • Added: Oct 04, 2024 (2 months ago)

  • Updated:

  • Last Checked: 1 hour ago

  • Listed By: Royal LePage Real Estate Services Ltd., Brokerage

Attention Builders, Renovators, or Savvy Investors! Rare Opportunity in Downtown Burlington Seize the chance to own a very Rare opportunity to own a 79.91' x 150' residential duplex or building lot in Downtown Burlington. Prime location near amenities, shopping, theatre, transit, trails, parks, and the lake. Situated in a highly desirable mature neighborhood surrounded by renovated and newly built homes. Options include: renovate the existing duplex, build one new home up to 5,000 sq/ft, or build two new homes (severance pending). Currently divided into 3 separate leased units. Potential Uses: Continue renting to three individuals for steady income. With an option for a 4th unit in the basement. Subdivide the property into 2 lots for increased value and flexibility. Upgrade rental units for higher-paying tenants. Hold the property for future appreciation or custom home development. Potential for 4-5 townhome development, pending city approval. 48 hours' notice required to access the tenanted dwelling. Property sold as-is with no representation or warranty. Don't miss this unique one-of-a-kind property with endless potential.

Property

  • Status: Sale

  • Property Type: Investment

  • Age: 51-99

  • Area: Burlington

  • Community: Brant

  • Availability Date: TBA

  • Assessment Amount: $999,000

  • Assessment Year: 2024

Inside

  • Bathrooms: 3

  • Air Conditioning: None

  • Washrooms: 3

Building

  • Basement: Y

  • Heat Type: Forced Air

  • Water Supply: Municipal

Parking

  • Garage Type: Detached

  • Covered Parking Spaces: 8

Fees

  • Tax Year: 2023

  • Tax Legal Description: PART LOTS 1 & 2, BLOCK 7, PLAN 71, PART 1 20R14997 CITY OF BURLI

  • Taxes: $9,172

Land

  • Cross Street: Brant- Caroline

  • Municipality District: Burlington

  • Parcel Number: 070700159

  • Sewer: Sewers

  • Lot Depth: 150 Feet

  • Lot Frontage: 79.91 Feet

  • Zoning: R3.2

Commercial Specific

  • Total Area: 4357

  • Total Area Metric: Sq Ft

  • Area Influence: Park

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