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

Website:https://www.nestseekers.com/5614059
Address:
Burlington L7R 3X4
Canada
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

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.

Contact

Angelo Ferlisi
9 Queen Street Unit 7, Cookstown, Ontario