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2177 Lakeshore Road

Burlington, ON L7R 1A5
  • $2,498,000
  • STATUS: Active
  • ON SITE: 27 Days
  • MLS #: 40537406
UPDATED: 17 min ago
$2,498,000
  • 5
    BEDS
  • < 0.5
    ACRES
  • 3
    BATHS
  • 2
    1/2 BATHS
  • 3,028
    SQFT
  • $825
    $/SQFT
Neighbourhood:
Type:
Single-Family Home
County:

Description

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.

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The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) program of the Information Technology Systems Ontario. The information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purposes or any other purpose. Data updated daily.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

Data last updated: 2024-03-04T09:21:53.57.
www.enveloperealestate.com/homes/147292168
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2177 Lakeshore Road Burlington, ON L7R 1A5

  • Price: $2,498,000
  • Status: Active
  • On Site: 27 Days
  • Updated: 17 min ago
  • MLS #: 40537406
5
Beds
3
Baths
2
½ Baths
< 0.5
Acres
3,028
SQFT
$825
$/SQFT
Neighbourhood:
312 - Central
County:
Halton
Area:
31 - Burlington
Property Description
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.
Exterior Features

Acres Range < 0.5 Architectural Style 3 Storey Attached YN No Crops Included YN No Docking YN No Driveway Parking Private Drive Triple+ Wide Foundation Details Concrete Perimeter Frontage Length 52.00 Frontage Type North Garage YN No Lot Features UrbanOther Open Parking Spaces 7 Open Parking YN Yes Parking Total 7 Property Attached Detached Roof Asphalt Shing Waterfront YN No

Interior Features

Above Grade Finished Area 3028 Basement Separate EntranceFullFinished Bathrooms Total 5 Beds Above Grade 5 Beds Below Grade 0 Cooling None Cooling YN No Fireplace YN No Heating Other Heating YN Yes Interior Features Other Kitchens Total 2 Main Level Bedrooms 1 Room Count 17

Property Features

Association Fee2 Frequency Monthly Common Elements Fee YN No Common Interest Freehold/None Condo Corporation YN No Exclusions Hot Water Tank (If Rental). Inclusions OtherAll Existing Appliances' 4 Fridges4 Stoves1 Dishwasher1 Washer1 Dryer. All Elfs. Lot Depth 153 New Construction YN No Property Sub Type Single Family Residence Senior Community YN No Sewer Sewer (Municipal) Transaction Type Sale Water Source Municipal Zoning R3.2

Listing information © 2024 Information Technology Systems Ontario.
Listing provided courtesy of Sam A. Mcdadi of Sam McDadi Real Estate Inc..
The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) program of the Information Technology Systems Ontario. The information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purposes or any other purpose. Data updated daily.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

Data last updated: 2024-03-04T09:21:53.57.
 
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Sutton Group Preferred Realty Inc
181 Commissioners Road W
London ON, N6J 1X9