1
$1,690,000 Sale
Listed 3 days ago
1286 ONTARIO STREET
· 4
· 3.0
· 2
· 1500 - 2000
Key Facts
Key facts for 1286 ONTARIO STREET
Property Type
House, House
Parking
Garage: No, 2 parking
MLS #
W12482830
Size
1500 - 2000 sqft
Basement
Unfinished, N/A (Unfinished)
Listed on
-
Lot size
-
Tax
-
Days on Market
-
Year Built
-
Maintenance Fee
-
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:10452)
Similar Properties (No results)
Room Types
Bathroom
-
Dimensions 8 m x 7 m
602.78 sqft
Bedroom
-
Dimensions 14 m x 10 m
1506.95 sqft
Bedroom 2
-
Dimensions 12 m x 7 m
904.17 sqft
Listing courtesy of: ROYAL LEPAGE REAL ESTATE SERVICES LTD.
This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association.