1286 Ontario Street

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Detached 2-storey home on a 44' x 160' lot (7,082 SF). Home is 2,100 SF in size. Currently also includes a commercial / retail unit at front of bldg on the ground floor with 2-pc washroom (Buyer to verify if legal continued use would be permitted, if necessary). Current use for the 372 SF commercial space is a dry cleaning pickup/dropoff depot (not plant). Rear of ground floor is a residential unit of 1 bedroom, kitchen, and washroom. The second floor features 3 bedrooms & one washroom. Separate entrances for business and residence. Property is fully tenanted with total rental income of $3,300 / month (tenants pay utilities additionally). Home is located 2 blocks away from Lakeshore Rd, the Waterfront Trail, Spencer Smith Park with its Burlington Lakeshore Playground, and Lake Ontario! Quiet & safe family-oriented neighbourhood compared to busy GO station areas. Walking distance to downtown Burlington and a 3 min drive to Joseph Brant Hospital, quick access to major highways including the QEW, 403, and 407, and nearby Mapleview Shopping Centre. *** Immediate re-development potential: can be purchased with 3 additional adjacent properties 1280, 1290, 1292 to form a 30,104 SF (0.69 ac) high-rise site (already designated as such in Burlington OP). Total site dimension of 4 properties: 187 ft x 160 ft. Vacant possession of all 4 properties is possible, or Buyer can assume tenants for holding income until redevelopment.

This detached home located at 1286 Ontario Street, Burlington, ON L7S 1E8 is currently for For Sale and has been available on Wedu.ca for days. This property is listed at CA$2M. It has 4 beds, 3 bathrooms, and is 1500-2000 square feet. The property is N/A years old. 1286 Ontario Street, Burlington, ON L7S 1E8 is in Burlington neighborhood Brant.