443 PEARL Street, Burlington
40 BEDS · 24 BATHS · 21108 sqft
$7,499,000
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.
General Info
MLS Listing ID: 40710506 | Bedrooms: 40 | Bathrooms: 24 | Year Built: 0 |
Listing Type: Multi-family | Half Baths: N/A | Fireplace Fuel: N/A | Maintenance Fee: N/A |
Foundation: Poured Concrete | Roof: N/A | Title To Land: Freehold | Parking Space Total: 24 |
Parking: Covered | Heating: Baseboard heaters | Size: 21108 sqft | Air Conditioning : None |
Home Style: N/A | Finished Floor Area: N/A | Fireplaces: N/A | Basement: Partial (Partially finished) |
Water Supply: Municipal water | Road Type: N/A | Pool Type: N/A |
Amenities/Features
- Southern exposure
- Paved driveway
- Laundry- Coin operated

CONTACT FORM
Powered By Realty Terminus