1286 ONTARIO STREET Active

Burlington (brant),ON L7S1E8

$ 1690000

4 Beds

3 Baths

1500 SqFt


Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 1,500 sqft

Price per Sqft $1,126

Subdivision Brant

MLS Listing ID W12482830

Bedrooms 4

Property Sub-Type Freehold

Source Toronto Regional Real Estate Board

Property Description

Detached 2-storey home on a 44' x 160' lot (7,082 SF). Home is 2,100 SF in size. Currently also includes a commercial / retail unit at front of bldg on the ground floor with 2-pc washroom (Buyer to verify if legal continued use would be permitted, if necessary). Current use for the 372 SF commercial space is a dry cleaning pickup/dropoff depot (not plant). Rear of ground floor is a residential unit of 1 bedroom, kitchen, and washroom. The second floor features 3 bedrooms & one washroom. Separate entrances for business and residence. Property is fully tenanted with total rental income of $3,300 / month (tenants pay utilities additionally). Home is located 2 blocks away from Lakeshore Rd, the Waterfront Trail, Spencer Smith Park with its Burlington Lakeshore Playground, and Lake Ontario! Quiet & safe family-oriented neighbourhood compared to busy GO station areas. Walking distance to downtown Burlington and a 3 min drive to Joseph Brant Hospital, quick access to major highways including the QEW, 403, and 407, and nearby Mapleview Shopping Centre. *** Immediate re-development potential: can be purchased with 3 additional adjacent properties 1280, 1290, 1292 to form a 30,104 SF (0.69 ac) high-rise site (already designated as such in Burlington OP). Total site dimension of 4 properties: 187 ft x 160 ft. Vacant possession of all 4 properties is possible, or Buyer can assume tenants for holding income until redevelopment. (id:24570)

Location

State ON

Rooms

Kitchen 1.0

Extra Room 1 Second level 12 m X 7 m Bedroom 2

Extra Room 2 Second level 15 m X 5 m Study

Extra Room 3 Second level 12 m X 7 m Bedroom 3

Extra Room 4 Second level 13 m X 11 m Bedroom 4

Extra Room 5 Second level 8 m X 7 m Bathroom

Extra Room 6 Ground level 17 m X 15 m Office

Interior

Heating Baseboard heaters

Cooling Window air conditioner

Exterior

Parking Features No

View Y/N No

Total Parking Spaces 2

Private Pool No

Building

Story 2

Sewer Sanitary sewer

Others

Ownership Freehold

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