1286 ONTARIO STREET, Burlington, Ontario, L7S 1E8

$1,690,000

MLS® # W12482830

House For Sale In Brant, Burlington, Ontario

$1,690,000

  • 4

    Bedrooms

  • 3

    Baths

  • 44.1 x 160.4 FT

    Lot Size

Property Information:

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:27)

Building Features:

  • Style: Detached
  • Building Type: House
  • Air Conditioning: Yes
  • Basement Development: Unfinished
  • Basement Type: N/A
  • Construction Style - Attachment: Detached
  • Floor Space: 1500 - 2000 sqft
  • Foundation Type: Unknown
  • Heating Type: Baseboard heaters
  • Heating Fuel: Natural gas
  • Cooling Type: Window air conditioner

Property Features:

  • OwnershipType: Freehold
  • Property Type: Single Family
  • Bedrooms: 4
  • Bathrooms: 3
  • Floor Space (approx): 1500 - 2000 Square Feet
  • Irregular: Yes
  • Lot Depth: 160.3 Feet
  • Lot Frontage: 44.1 Feet
  • Lot Size: 44.1 x 160.4 FT
  • Zoning: H-DRH
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 2

Rooms:

  • 2nd Bedroom 2nd Level 12.00 m x 7.00 m
  • Study 2nd Level 15.00 m x 5.00 m
  • 3rd Bedroom 2nd Level 12.00 m x 7.00 m
  • 4th Bedroom 2nd Level 13.00 m x 11.00 m
  • Bathroom 2nd Level 8.00 m x 7.00 m
  • Office Ground Level 17.00 m x 15.00 m
  • Utility Ground Level 3.00 m x 6.00 m
  • Bedroom Ground Level 14.00 m x 10.00 m
  • Kitchen Ground Level 13.00 m x 10.00 m

Courtesy of: Royal LePage Real Estate Services Ltd.

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.