Property Information:
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. (id:27)
Building Features:
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Style:
Detached
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Building Type:
House
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Architectural Style:
Bungalow
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Basement Development:
Finished
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Basement Type:
N/A, N/A
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Construction Style - Attachment:
Detached
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Exterior Finish:
Brick
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Fireplace:
Yes
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Floor Space:
1100 - 1500 sqft
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Flooring Type:
Vinyl
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Foundation Type:
Unknown
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Heating Type:
Forced air
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Heating Fuel:
Natural gas
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Cooling Type:
Central air conditioning
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Appliances:
Window Coverings
