Burlington L7R 3X4
Canada

Property

Ownership: For Sale
Type: Land
Rooms: 6
Bedrooms: 6 BR
Bathrooms: 1

Financials

Price:C2,990,000
($2,105,000)
(€1,843,600)
Annual Taxes:C5,984.50
Angelo Ferlisi
9 Queen Street Unit 7, Cookstown, Ontario

Set on an approximately 1 acre parcel land with development potential under business corridor employment land as per Burlington Official Plan 2020 2025 07 31 on city website, this unique ...

Description

Set on an approximately 1-acre parcel land with development potential (under business corridor employment land as per Burlington-Official-Plan-2020-2025-07-31 on city website), this unique property offers exceptional land value, income potential.The existing residence provides excellent flexibility with three separate living spaces. The renovated main floor features a spacious 3-bedroom unit, while the lower level offers two additional in-law suite units, including a 2-bedroom suite and a 1-bedroom suite, each with its own kitchen and bathroom. This setup is ideal for multi-generational living, owner-occupancy with rental income, or investors seeking holding income while exploring future land-use opportunities.Surrounded by a peaceful, park-like setting with nature at your doorstep and Bronte Creek nearby, this property feels like "Muskoka in the city." Enjoy privacy, mature greenery, and a tranquil natural backdrop while remaining close to major roads, shopping, schools, transit, and Burlington & Oakville amenities including Oakville Trafalgar Memorial Hospital. Whether you are looking to live in one unit and rent the others, hold as a long-term land bank investment, or explore redevelopment potential, the possibilities are endless. A rare opportunity to secure a large parcel in a growing Burlington corridor with existing income-producing potential. Offers any time.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.