492 Locust St

Burlington | Brant | L7S 2R1
  • 3
  • 5
  • 0

$2,150,000

Est. Mtg $7,290 /mo
  • Days on market

    164

  • Status

    New

Listing Broker RE/MAX ESCARPMENT REALTY INC.
Since listed: 1 views

Home details

MLS #:

W8304568

Property type:
Fourplex
Style:
3-Storey
Taxes:
$13,299
Possession:
Immediate
Lot Front:
67.0   Feet
Lot Depth:
132.0   Feet
Basement:
Full | Unfinished
Driveway Pkg:
10
Heat:
Gas | Water

Description


492 Locust St, , Burlington, Ontario is a Fourplex property in Burlington and in the Brant community in the L7S 2R1 postal code


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!.

Extras

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History

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List Date End Date List Price End Price Status MLS #
2024-05 2024-05 $2,150,000 $2,150,000 New W8304568
2024-05 $2,150,000 $2,150,000 W8304596

Comparables

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sold Date Address List Price sold Price DOM

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity All Property Types

Sale activity

Burlington :

Average sale price

$1,178,036

Properties sold

259

New Listings

469

Days on Market

15

Sale $ / List $

101%

Year on Year Growth

Yr./Yr. % Chg.



Estimated running costs for 492 Locust St

Based on available 3rd party data

$8533

Approximate costs per month

Mortgage
$7290 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$1108 p/m
Maintenance
$0 p/m

Amenities:

Features:

  • Arts Centre
  • Hospital
  • Lake/Pond
  • Place Of Worship
  • Public Transit
  • Rec Centre
Listing Broker RE/MAX ESCARPMENT REALTY INC.
Data Source: TRREB

Payment calculator

$8398 monthly. In association with: TD Bank
%
  • Principal and Interest
    7290 /mo
  • Property Taxes
    $1108 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Sandro Rocciolo, Realtor

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