443 PEARL Street Burlington

443 PEARL Street, Burlington

$7,799,000

  • 40
  • 24
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:58875)

  • Listing ID: 40710506
  • Property Type: Multi-family
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Details

  • Amenities Nearby: Golf Nearby, Hospital, Place of Worship, Playground, Public Transit, Schools
  • Features: Southern exposure, Paved driveway, Laundry- Coin operated
  • Ownership: Freehold
  • Parking Spaces: 24
  • Transaction: For sale
  • Zoning Description: DC

Building

  • BasementType: Partial (Partially finished)
  • Basement Development: Partially finished
  • Cooling: None
  • Exterior Finish: Brick, Concrete
  • Fireplace Present: False
  • Foundation: Poured Concrete
  • Bathrooms (Total): 24
  • Heating: Baseboard heaters
  • Heating Fuel: Natural gas
  • Size Interior: 21108 sqft
  • Stories Total: 4
  • Utility Water: Municipal water

Land

  • Access Type: Road access, Highway access
  • Amenities: Golf Nearby, Hospital, Place of Worship, Playground, Public Transit, Schools
  • Sewer: Municipal sewage system
  • Size Depth: 165 ft
  • Size Frontage: 132 ft

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This property for sale, located at 443 PEARL Street in Burlington, was last modified on March 26th 2025. Let us connect you with one of our real estate agents to schedule a viewing or to find other properties for sale in Burlington.

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