Burlington, Central, L7R 1A5
$2,498,000
Listed by Sam McDadi Real Estate Inc..
Nestled in an unrivalled location within strolling distance of The Lake, Pier, Pearl Hotel, and Spencer Smith Park, this legal duplex property is a masterpiece. Its thoughtfully designed layout encompasses a main floor with 2 beds and 1.5 baths, a second and third level boasting 4 beds and 1.5 baths, Basement with 2 beds and 1 bath, and a unique touch - a barn converted into its own separate unit. Currently fully tenanted, it generates a robust $11,000 monthly income, making it an investor's dream for positive cash flow in the heart of Downtown Burlington. Alternatively, envision converting it into a sprawling single-family home, surrounded by top-notch schools, acclaimed restaurants, and easy highway access. Seize this rare opportunity to own a versatile gem in the heart of downtown - act now and unlock its full potential.
Other,All Existing Appliances' 4 Fridges, 4 Stoves, 1 Dishwasher, 1 Washer, 1 Dryer. All Elfs.
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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.
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.