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