492 Locust Street, Burlington, Ontario

$2,150,000

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3

Beds

5

Baths

3,660

Square feet

About 492 Locust Street

Welcome to the epitome of historical charm and modern convenience! This exquisite 1890's Victorian home, located in beautiful downtown Burlington, presents an exceptional investment opportunity. Boasting four fully occupied units with fantastic tenants, this turnkey property ensures immediate income generation. Recent updates include a new boiler system in 2024 and mostly newer windows, while the roof was replaced in 2008, offering durability and peace of mind. With parking for up to 10 cars and numerous updates in 2004 and since, this property has been meticulously maintained by both tenants and current owners. Situated in a prime location close to amenities, shops, and transportation, this well-cared-for gem is a great opportunity. Don't miss out on this rare chance to own a piece of Burlington's history while securing a prosperous future. Be sure to schedule a private viewing and seize this extraordinary opportunity today! (id:36535)

Features of 492 Locust Street

Listing # XH4192785
Price $2,150,000
Bedrooms 3
Bathrooms 5.00
Square Footage 3,660
Acres 0.00
Year Built 1890
Type Multi-family
Sub-Type Freehold
Style 3 Level

Community Information

Address 492 Locust Street
Subdivision 312 - Central
City Burlington
Province Ontario
Postal Code L7S1V2

Amenities

Amenities Beach, Hospital, Place of Worship, Public Transit
Features Paved driveway, No Driveway, Shared Driveway, Sump Pump
Parking Spaces 10
Is Waterfront No
Has Pool No

Interior

Heating Natural gas Baseboard heaters, Radiant heat
Fireplace Yes
# of Fireplaces 1
Fireplaces Wood
# of Stories 3
Has Basement No

Exterior

Exterior Brick
Foundation Block

Listing Details

OfficeCourtesy Of Joe McMahon and Betty McMahon Of RE/MAX Escarpment Realty Inc.

Listing Map