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PARDEEP JASSI

REAL ESTATE TEAM

Sales Representative

32
443 Pearl Street
Free account required
$7,499,000 Sale
Listed 34 days ago
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· 24
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Listing History
Buy/Sell/Terminated/Expired listing history for 443 Pearl Street
Key Facts
Key facts for 443 Pearl Street
Property Type
Commercial
Parking
None , 24 parking
MLS #
W12043668
Size
-
Basement
-
Listed on
2025-03-26
Lot size
132 x 165.23
Tax
$60,211.85 /yr
Days on Market
35
Approximate Age
-
Maintenance Fee
-
Description
This 24-unit apartment building offers investors a rare opportunity to acquire a value-add, multi-family asset in downtown Burlington one of Canadas most sought-after residential neighbourhoods. This easy to manage 4-storey building has (8) one-bedroom units and (16) two-bedroom units with no eleva...tor 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.
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Courtesy of: ROYAL LEPAGE STATE REALTY