443 Pearl Street,Burlington, ON L7R2N2
Burlington, ON L7R2N2
Description
This 24-unit apartment building offers investors a rare opportunity to acquire a value-add, multi-family asset in downtown Burlington - one of Canada’s most sought-after residential neighbourhoods. This easy to manage 4-storey building has (8) one-bedroom units and (16) two-bedroom units with no elevator or underground parking and separately metered hydro. It also features three new IBC WIFI gas boilers. There is significant revenue growth potential with a 45% rental upside and future development potential. Located steps to restaurants, nightlife, shopping and cultural attractions. Just a short walk to the beautiful waterfront of Lake Ontario, the Brant Street Pier & Spencer Smith Park. With a Walk Score of 96 and easy access to public transit, every amenity is right at the doorstep. This neighbourhood is a gateway to the downtown core of Burlington and there is major highway access nearby easily connecting this area with downtown Toronto, Hamilton or Niagara. (id:13843)
Details
| MLS # | 40710506 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 107 |
| Listing Provided By | Royal LePage State Realty Inc. | Kevin Girard |
Features
| Bed(s) | 40 |
|---|---|
| Bath(s) | 24 Total |
| SQ Feet | 21,108 |
| Basement | Y |
| Story(s) | 4 |
| Units | 24 |
| Zoning | DC |
Taxes
| Property | 60211 |
|---|
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Learn More About This Property
| Province | ON |
|---|---|
| City | Burlington |
| Postal Code | L7R2N2 |
| Community Name | 312 Central |