Active

2149 Caroline Street

Burlington ON, L7R 1L7

C$1,899,000


C$575.11 per sqft

Active

5 Beds

3 Baths

3,302 sqft

Multi-family

Built in 1950

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.

40656964

MLS ID

October 4, 2024

Listed

October 4, 2024

Updated

Map

2149 Caroline Street
Burlington ON, L7R 1L7

Interior Features

Total Stories

2


Bedrooms

5


Total Bathrooms

3


Interior Features

Other


Appliances

Refrigerator, Stove


Laundry Description

In-Suite, Shared


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Forced Air, Natural Gas

Exterior/Building Features

Lot Features

Library, Park, Schools, Shopping Nearby


Roof

Asphalt Shing


Sewer

Sewer (Municipal)

School Information

High School

Caroline & Brant


Elementary School

Halton District School Board & Halton Catholic Board

Other Property Details

Area Name

31 - Burlington


Taxes

$9,172


Tax Frequency

Annually


Garage

Yes


Garage Spaces

3


Parking

Detached Garage


Parking Total

11


View

No


County

Halton


Water Source

Municipal


Pool

No


Zoning

R3.2

 

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