2177 Lakeshore Road, Burlington, Ontario L7R 1A5

Listed for:
$2,498,000
8 beds
5 baths
Listed 103 days ago
Duplex for rent: 2177 Lakeshore Road, Burlington, Ontario L7R 1A5

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Listing provided by:
SAM MCDADI REAL ESTATE INC.
MLS® number:
W8045786
Agent:
Sam Allan Mcdadi
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About

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 **** EXTRAS **** All existing appliances' 4 Fridges, 4 Stoves, 1 Dishwasher, 1 Washer, 1 Dryer.All elf . (id:27476)

Property Highlights

Type
Duplex
Cooling type
Heating fuel
Fireplace
Yes
Construction material
Brick
Parking space
7
Ownership Type
Amenities nearby

Location

Summary

With a total of 7 parking spaces, this property is situated in a prime location just a short walk from The Lake, Pier, Pearl Hotel, and Spencer Smith Park. It is a legal duplex with a well-designed layout that includes 2 beds and 1.5 baths on the main floor, 4 beds and 1.5 baths on the second and third levels, a basement with 2 beds and 1 bath, and a unique barn converted into a separate unit. Currently fully tenanted, it generates a monthly income of $11,000, making it an attractive investment opportunity in Downtown Burlington. Alternatively, it could be transformed into a spacious single-family home, surrounded by top-notch schools, acclaimed restaurants, and easy highway access. Don't miss the chance to own this versatile gem in the heart of downtown and unlock its full potential.

Additional features of this property include 4 fridges, 4 stoves, 1 dishwasher, 1 washer, 1 dryer, and all existing light fixtures. It is currently for sale and has a land size of 52 x 153 FT. The address is 2177 LAKESHORE RD in the city of Burlington, Ontario, with a postal code of L7R1A5. It is located in the community of Brant and boasts a total of 5 bathrooms, 6 bedrooms above ground, and 2 bedrooms below ground, for a total of 8 bedrooms. The property also includes a finished basement with a separate entrance, brick exterior finish, and a fireplace. With 3 stories in total, this property is classified as a Duplex.

Street Spotlight - For sale