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Listed by Chris Maynard • RE/MAX Escarpment Realty Inc.
$1,499,000
Est. payment /mo
1,624 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Building and Land
Listing Status Active
Purchase Type For Sale
Square Footage 1,624 sqft
Price per Sqft $923
MLS Listing ID 40800901
Abv Grd Liv Area 1,624
Annual Tax Amount $5,804
Property Sub-Type Building and Land
Source Cornerstone
Property Description
Prime investment and development opportunity in Downtown Burlington. The property is designated for high-rise development under the Burlington Official Plan. Currently generating $3,300 per month in rental income. A rare and strategic land-bank acquisition.
Location
Province ON
County Halton
Area 31 - Burlington
Zoning H-DRH
Rooms
Basement None
Kitchen 0
Interior
Fireplace No
Exterior
Lot Frontage 44.1
Lot Depth 160.42
Garage No
Building
Lot Description Rectangular, City Lot, High Traffic Area, Highway Access, Hospital, Public Transit, Schools
Story 2
Sewer Sewer (Municipal)
Water Municipal
New Construction No
Others
Senior Community No
Tax ID 070830006
Ownership Freehold/None
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