443 PEARL Street, Burlington, Ontario
$7,799,000
- 40 Beds
- 24 Baths
- 21,108 Square Feet
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. (id:23309)
- Listing ID: 40710506
- Property Type: Multi-family
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Listing provided by Royal LePage State Realty
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 443 PEARL Street in Burlington Ontario. It was last modified on March 26th, 2025. Contact Robert Bumelis to schedule a viewing or to discover other Burlington real estate for sale.