654 Spring Gardens Road Burlington, Ontario L7T 1J2
$3,700,000
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. 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 and 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. Vacant possession. So much potential in such a great location close to highway access, RBG, restaurants, hospital, parks and more. Don’t Be TOO LATE*! * REG TM. RSA. (id:48699)
Business
| Business Type | Residential |
| Business Sub Type | Residential |
Property Details
| MLS® Number | H4186124 |
| Property Type | Multi-family |
| Amenities Near By | Hospital, Public Transit |
| Community Features | Quiet Area |
| Equipment Type | None |
| Features | Park Setting, Park/reserve, Paved Driveway |
| Parking Space Total | 17 |
| Rental Equipment Type | None |
Building
| Appliances | Window Coverings |
| Architectural Style | Multi-unit, Other |
| Basement Development | Partially Finished |
| Basement Type | Partial (partially Finished) |
| Construction Style Split Level | Other |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Other |
| Fire Protection | Smoke Detectors |
| Foundation Type | Block |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Exterior | 4434 Sqft |
| Size Interior | 4434 Sqft |
| Type | Fourplex |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Land Amenities | Hospital, Public Transit |
| Sewer | Municipal Sewage System |
| Size Frontage | 118 Ft |
| Size Irregular | 118 X |
| Size Total Text | 118 X|under 1/2 Acre |
https://www.realtor.ca/real-estate/26545108/654-spring-gardens-road-burlington
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February 23 2024 06:08:43
REALTORS® Association of Hamilton-Burlington
RE/MAX Escarpment Realty Inc.