492 Locust Street For Sale

Burlington, Brant, L7S 2R1

$2,150,000

Description

Listed by RE/MAX ESCARPMENT REALTY INC..

Welcome to the epitome of historical charm and modern convenience! This exquisite 1890's Victorian home, located in beautiful downtown Burlington, presents an exceptional investment opportunity. Boasting four fully occupied units with fantastic tenants, this turnkey property ensures immediate income generation. Recent updates include a new boiler system in 2024 and mostly newer windows, while the roof was replaced in 2008, offering durability and peace of mind. With parking for up to 10 cars and numerous updates in 2004 and since, this property has been meticulously maintained by both tenants and current owners. Situated in a prime location close to amenities, shops, and transportation, this well-cared-for gem is a great opportunity. Don't miss out on this rare chance to own a piece of Burlington's history while securing a prosperous future. Be sure to schedule a private viewing and seize this extraordinary opportunity today!

Location

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  • Address: 492 Locust Street
  • Neighborhood: Brant
  • City: Burlington
  • State: Ontario
  • Postal Code: L7S 2R1

Property Video

Property Details

  • Property ID: W8304568
  • Property Price: $2,150,000
  • Style: Fourplex, 3-Storey
  • Sq/Ft: 3500-5000
  • Rooms: 13
  • Bedrooms: 3
  • Bath: 5
  • Parking Spaces: 10
  • Year Built: 100+
  • A/C: Central Air
  • Basement: Full, Unfinished
  • Den: N
  • Elevator: N
  • Exterior: Brick
  • Heating: Water
  • Fireplace: Y
  • Taxes: $13,299.00 (2023)
  • Acreage: < .50 Acres
  • Lot: 132.00x67.00 (Feet)

Room details and dimensions

Statistics for similar Fourplex homes in Brant

The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.

Average days on market for similar Fourplex homes in Brant

The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.

Number of transactions for similar Fourplex homes in Brant

Contact Manoj Kukreja

Sales Representative, Re/max Premier Inc., Brokerage
(647) 370 - 0992