Active
654 Spring Gardens Rd
Burlington Ontario, L7T 1J2
$3,200,000
Active
Commercial
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.
W8089008
MLSⓇ ID
May 9, 2024
Updated
Map
654 Spring Gardens Rd
Burlington Ontario, L7T 1J2
Interior Features
Fireplace
No
Cooling
Yes
Cooling Description
Y
Heating
Yes
Heating Description
Gas Forced Air Open
Exterior/Building Features
Lot Size
0.31 Acres
Sewer
SanStorm
Other Property Details
Area Name
Bayview
Taxes
$6,657
Tax Frequency
Annually
Garage
No
Parking
None
View
No
County
Ontario
Municipality
Burlington
Water Source
Municipal
Pool
No
Zoning
CN2
Listing History
Date | Event | Price |
---|---|---|
5/7/2024 | Price Change | $3,200,000 -14% |
Courtesy of Listed by , RE/MAX ESCARPMENT REALTY INC.,
Based on information from the Toronto Regional Real Estate Board. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Information is deemed reliable but is not guaranteed accurate.
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Data last updated 2:12 PM UTC, 5/9/2024