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$3,200,000
Available - For Sale
Listing ID: W8089008
A multi-use investment property with CN2 zoning directly across from Royal Botanical Gardens. Currently setup as 4 units -2 commercial and 2 residential with potential to generate over $140K in income. Vacant possession. Commercial unit #1 is 995 square feet with 10 8 ceilings, reception area, and one bathroom. Commercial unit #2 is 845 square feet open concept with one bathroom. Residential home #1 is a 1,555 square foot 2 storey home with 2+1 beds and 3 full baths with potential to add in-law suite in finished basement (separate entrance in place). Residential home #2 is a detached 1,017 square foot home with 2 bedrooms and 1 full bath. All buildings have been updated and are in extremely great shape. The same owner has lovingly cared for the property since 1989. All units are on separate hydro meters, with 3 separate gas meters and shared water. Investments like these don't come around often. RSA.
Price $3,200,000
Taxes: $6,657
Tax Type: Annual
Occupancy by: Own+Ten
Address: 654 Spring Gardens Rd , Burlington, L7T 1J2, Ontario
Postal Code: L7T 1J2
Province/State: Ontario
Lot Size: 118 x 115 (Feet)
Directions/Cross Streets: York & Plains
Zoning: CN2
Category: Store With Apt/Office
Building Percentage: N
Total Area: 4,434
Total Area Code:  Sq Ft
Office/Appartment Area: 675
Office/Appartment Area Code: Sq Ft
Retail Area: 915
Retail Area Code: Sq Ft
Approximatly Age: 51-99
Sprinklers: N
Rail: N
Heat Type: Gas Forced Air Open
Central Air Conditioning: Y
Elevator Lift: None
Sewers: San+Storm
Water: Municipal
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RE/MAX ESCARPMENT REALTY INC.

654 Spring Gardens Rd , Burlington, L7T 1J2, Ontario


 
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Type: Com - Store W/Apt/Office
Area: Halton
Municipality: Burlington
Neighbourhood: Bayview
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Lot Size: 118.00 x 115.00(Feet)
Approximate Age: 51-99
Tax: $6,657
Maintenance Fee: $0
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