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492 Locust Street Burlington, Ontario L7S 1V2

3660 sqft
3 Level, Multi-Unit Fireplace Central Air Conditioning Baseboard Heaters, Radiant Heat, Boiler

$2,150,000

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! (id:47594)

Business

BusinessType Other

Property Details

MLS® Number H4192785
Property Type Multi-family
AmenitiesNearBy Hospital, Public Transit
EquipmentType None
Features Beach, Paved Driveway, Shared Driveway, Sump Pump
ParkingSpaceTotal 10
RentalEquipmentType None

Building

ArchitecturalStyle 3 Level, Multi-unit
BasementDevelopment Unfinished
BasementType Full (unfinished)
ConstructedDate 1890
ConstructionStyleAttachment Detached
CoolingType Central Air Conditioning
ExteriorFinish Brick
FireProtection Smoke Detectors
FireplaceFuel Wood
FireplacePresent Yes
FireplaceTotal 1
FireplaceType Other - See Remarks
FoundationType Block, Stone
HeatingFuel Natural Gas
HeatingType Baseboard Heaters, Radiant Heat, Boiler
StoriesTotal 3
SizeExterior 3660 Sqft
SizeInterior 3660 Sqft
Type Fourplex
UtilityWater Municipal Water

Parking

No Garage
Shared

Land

Acreage No
LandAmenities Hospital, Public Transit
Sewer Municipal Sewage System
SizeDepth 132 Ft
SizeFrontage 67 Ft
SizeIrregular 67 X 132
SizeTotalText 67 X 132|under 1/2 Acre
ZoningDescription Dc-347

https://www.realtor.ca/real-estate/26844701/492-locust-street-burlington

Interested?

Contact us for more information


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Joe Mcmahon
Broker


RE/MAX Escarpment Realty Inc.
502 Brant Street Unit 1a
Burlington, Ontario L7R 2G4

Betty Mcmahon
Salesperson


RE/MAX Escarpment Realty Inc.
502 Brant Street
Burlington, Ontario L7R 2G4

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