Amazing opportunity to own this 3 Storey Mixed Use Luxury Townhome located in the Heart of the Burlington Village near Lakeshore Rd. Features include 3655 sqft of finished space comprised of a two storey 2 bedrm, 2 bathrm residential unit above a Commercial Unit on the main floor & Basmt. Each unit has separate Furnaces, A/C and separate entrances offering an independent Live/Work accommodation. Both units are fully leased however vacant possession may be provided. Residential unit rents for $3500/Month + Utilities & Commercial Unit Rents for $3600 - 1st year, $3800 - 2nd year and $4000 - 3rd year. (Inclusive of H.S.T and T.M.I)- Operating at a 4.6% Cap Rate in 1st year of ownership. PLEASE DO NOT GO DIRECT!!! SHOWINGS BY APPOINTMENT ONLY. RSA (id:47423)
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Detailed Information
Bedrooms
2
Bathrooms
3
Lot
18 x 76 ft
Amenities Nearby
Park
Community Features
High Traffic Area
Equipment
Water Heater
Listing Contract Date
2025-01-14
Location Description
QEW or 403 To Brant St or Lakeshore rd
Ownership Type
Freehold
# of Parking Spaces
2
Property Type
Multi-family
Rental Equipment
Water Heater
Structures
Porch
Transaction Type
For sale
Zoning Description
DRM Mixed Use Res
Building
Basement Development
Finished
Basement Type
Full (Finished)
Constructed Date
2005
Cooling Type
Central air conditioning
Exterior Finish
Brick, Metal, Stone
Foundation Type
Poured Concrete
Heating Fuel
Natural gas
Heating Type
Forced air
Stories Total
3
Type
Duplex
Utility Water
Municipal water
Parking Spaces
Name
Spaces
Covered
Land
Total Size
under 1/2 acre
Access Type
Road access
Amenities
Park
Sewer
Municipal sewage system
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