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. (id:4069)
| Address |
654 SPRING GARDENS RD |
| List Price |
$3,700,000 |
| Property Type |
Retail |
| Type of Dwelling |
Residential Commercial Mix |
| Area |
Ontario |
| Sub-Area |
Burlington |
| Floor Area |
4,434 Sq. Ft. |
| Lot Size |
118 x 115 FT Sq. Ft. |
| MLS® Number |
W8089008 |
| Listing Brokerage |
RE/MAX ESCARPMENT REALTY INC.
|
| Postal Code |
L7T1J2 |
