Multi-4 Unit for Sale

  • Bedrooms 3 Bedrooms
  • Parking 10 Parking

$2,150,000

492 Locust Street, Burlington, ON L7S 1V2

MLS® # XH4192785

Listing Description

Welcome to the epitome of historical charm and modern convenience! This exquisite 1890's Victorian home, located in beautiful downtown Burlington, presents an exceptional investment opportunity. Boasting four fully occupied units with fantastic tenants, this turnkey property ensures immediate income generation. Recent updates include a new boiler system in 2024 and mostly newer windows, while the roof was replaced in 2008, offering durability and peace of mind. With parking for up to 10 cars and numerous updates in 2004 and since, this property has been meticulously maintained by both tenants and current owners. Situated in a prime location close to amenities, shops, and transportation, this well-cared-for gem is a great opportunity. Don't miss out on this rare chance to own a piece of Burlington's history while securing a prosperous future. Be sure to schedule a private viewing and seize this extraordinary opportunity today!

Property Summary

Property Type
Multi-4 Unit
Neighborhood
31 - Burlington
Cross Street
Ontario
Year Built
1890
Lot Size
67 x 132 ft
Annual Property Taxes
$13,299.42
Heating
Baseboard, Natural Gas, Radiant
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Building

Bedrooms
Above Grade: 3
Bathrooms
Total: 5
Partial:
Interior Features
Appliances Included: Dishwasher, Dryer, Refrigerator, Stove, Washer
Basement Type: Full, Unfinished, Sump Pump
Building Features
Features: Urban, Rectangular, Arts Centre, Beach, Hospital, Place of Worship, Public Transit
Foundation Type: Concrete Block, Stone
Style: Detached
Architecture Style: 3 Storey
Heating & Cooling
Fireplace Fuel: Wood Burning
Heating Type: Baseboard, Natural Gas, Radiant
Utilities
Utility Sewer: Sewer (Municipal)
Water: Municipal
Exterior Features
Exterior Finish: Brick
Pool Type: None
Parking
Parking Type: Asphalt, Mutual/Shared, None
Total Parking Spaces: 10

Measurements

Building Area
3,660 Square Feet
Stories
3

Land

Lot Features
Urban, Rectangular, Arts Centre, Beach, Hospital, Place of Worship, Public Transit
Lot Dimensions
67 x 132 ft

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Listing provided by RE/MAX Escarpment Realty Inc.

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Listing content © 2025 Information Technology Systems Ontario. All rights reserved. The information provided herein is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable but not guaranteed accurate by Information Technology Systems Ontario or Hilda Campbell - RE/MAX Escarpment Realty Inc.. Please note that the information provided has been sourced from reliable entities. While we believe it to be accurate, we cannot guarantee its complete accuracy. All information is subject to change or withdrawal without prior notice. Data provided by the MLS® region Hamilton - Burlington. Data was last updated Thursday, May 15, 2025 at 5:05 PM.