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2149 Caroline Street Burlington, Ontario - MLS#: 40656964

5 Bedroom 3 Bathroom 4357 sqft
None Forced Air

$1,899,000

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. (id:51158)


MLS: 40656964 For sale : 2149 CAROLINE Street 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. (id:51158)


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Property Details

MLS® Number 40656964
Property Type Multi-family
Amenities Near By Park, Schools, Shopping
Equipment Type Water Heater
Parking Space Total 11
Rental Equipment Type Water Heater

About 2149 Caroline Street, Burlington, Ontario


Building

Bathroom Total 3
Bedrooms Total 5
Basement Development Partially Finished
Basement Type Full (partially Finished)
Constructed Date 1950
Cooling Type None
Exterior Finish Other
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 4357 Sqft
Type Triplex
Utility Water Municipal Water

Parking

Detached Garage

Land

Acreage No
Land Amenities Park, Schools, Shopping
Sewer Municipal Sewage System
Size Depth 150 Ft
Size Frontage 80 Ft
Size Total Text Under 1/2 Acre
Zoning Description R3.2

https://www.realtor.ca/real-estate/27503179/2149-caroline-street-burlington

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