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443 PEARL Street
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443 PEARL Street $7,799,000
$7,799,000
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443 PEARL Street
Burlington, Ontario L7R2N2

MLS® Number: 40710506
40
Bedrooms
24
Bathrooms
21108
Square Feet

Listing Description

This 24-unit apartment building offers investors a rare opportunity to acquire a value-add, multi-family asset in downtown Burlington – one of Canada’s most sought-after residential neighbourhoods. This easy to manage 4-storey building has (8) one-bedroom units and (16) two-bedroom units with no elevator or underground parking and separately metered hydro. It also features three new IBC WIFI gas boilers. There is significant revenue growth potential with a 45% rental upside and future development potential. Located steps to restaurants, nightlife, shopping and cultural attractions. Just a short walk to the beautiful waterfront of Lake Ontario, the Brant Street Pier & Spencer Smith Park. With a Walk Score of 96 and easy access to public transit, every amenity is right at the doorstep. This neighbourhood is a gateway to the downtown core of Burlington and there is major highway access nearby easily connecting this area with downtown Toronto, Hamilton or Niagara. (68788060)

Location Description

Brant St to James St - or - Lakeshore Rd to Pearl St

Property Summary

Property Type
Multi-family
Storeys
4
Square Footage
21108 sqft
Subdivision Name
312 - Central
Title
Freehold
Land Size
under 1/2 acre
Annual Property Taxes
$60,211.85
Parking Type
Covered
Time on REALTOR.ca
16 days

Building

Bathrooms
Total
24
Interior Features
Basement Type
Partial (Partially finished)
Building Features
Features
Southern exposure, Paved driveway, Laundry- Coin operated
Foundation Type
Poured Concrete
Total Units
24
Heating & Cooling
Cooling
None
Heating Type
Baseboard heaters, (Natural gas)
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Brick, Concrete
Neighbourhood Features
Amenities Nearby
Golf Nearby, Hospital, Place of Worship, Playground, Public Transit, Schools
Parking
Parking Type
Covered
Total Parking Spaces
24

Measurements

Square Footage
21108 sqft
Above Grade Finished
20608 sqft
Source: Other
Below Grade Finished
500 sqft
Source: Other
Total Unfinished
732 sqft

Land

Lot Features
Frontage
132 ft
Land Depth
165 ft
Other Property Information
Access
Road access, Highway access
Zoning Description
DC
Data provided by: Cornerstone - Hamilton-Burlington 505 York Boulevard, Hamilton, Ontario L8R 3K4
905-648-4451
Email
Book showing
Royal LePage State Realty
1122 Wilson Street W Suite 200
Ancaster, Ontario L9G3K9
905-648-4451
Tina Girard
Salesperson
905-648-4451
Email
Book showing
Royal LePage State Realty
1122 Wilson Street W Suite 200
Ancaster, Ontario L9G3K9
905-648-4451

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