2149 Caroline St
Brant, Burlington, L7R 1L7
FOR SALE
$1,899,000
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BEDROOMS4
BATHROOMS3
KITCHENS12 + 4
ROOMSW9052885
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Property Description
Attention Builders, Renovators, or Savvy Investors! Rare Opportunity in Downtown Burlington Seize the chance to own a very Rare opportunity to own a 79.91' x 150' residential duplex or building lot in Downtown Burlington. Prime location near amenities, shopping, theatre, transit, trails, parks, and the lake. Situated in a highly desirable mature neighborhood surrounded by renovated and newly built homes. Options include: renovate the existing duplex, build one new home up to 5,000 sq/ft, or build two new homes (severance pending). Potential Uses: Continue renting to three individuals for steady income. With an option for a 4th unit in the basement. Subdivide the property into 2 lots for increased value and flexibility. Upgrade rental units for higher-paying tenants. Hold the property for future appreciation or custom home development. Potential for 4-5 townhome development, pending city approval. 48 hours' notice required to access the tenanted dwelling. Property sold as-is with no representation or warranty. Don't miss this unique one-of-a-kind property with endless potential.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2019-05-21 | 2019-08-16 | 87 | $1,450,000 | - | Expired |
2018-10-17 | 2019-01-31 | 107 | $1,500,000 | - | Expired |
Nearby Intersections
Lakeshore & Brant (44)
Property Features
Level, Library, Park, School
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Property Details
Street
Community
City
Property Type
Detached, 2-Storey
Approximate Sq.Ft.
3000-3500
Lot Size
80' x 150'
Acreage
< .50
Fronting
West
Taxes
$9,172 (2023)
Basement
Full, Part Fin
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
8
Driveway
Private
Garage Type
Detached
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Main | 12.40' x 17.91' | Combined W/Dining |
Kitchen | Main | 10.33' x 13.58' | |
Br | Main | 11.88' x 12.70' | |
Br | Main | 8.60' x 11.09' | |
Living | Main | 15.09' x 21.59' | Combined W/Dining |
Kitchen | Main | 11.58' x 17.65' | |
Br | Main | 12.93' x 17.42' | |
Living | 2nd | 12.40' x 16.34' | Combined W/Dining |
Kitchen | 2nd | 10.33' x 11.68' | |
Br | 2nd | 8.60' x 14.07' | |
Br | 2nd | 14.76' x 11.75' | |
Rec | Bsmt | 13.16' x 35.24' |
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Burlington Market Statistics
Burlington Price Trend
2149 Caroline St is a 2-bedroom 4-bathroom home listed for sale at $1,899,000, which is $940,295 (98.1%) higher than the average sold price of $958,705 in the last 30 days (October 22 - November 20). During the last 30 days the average sold price for a 2 bedroom home in Burlington declined by $34,595 (3.5%) compared to the previous 30 day period (September 22 - October 21) and down $232,295 (19.5%) from the same time one year ago.Inventory Change
There were 16 2-bedroom homes listed in Burlington over the last 30 days (October 22 - November 20), which is up 14.3% compared with the previous 30 day period (September 22 - October 21) and up 220.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom homes in Burlington typically sold ($23,782) (2.5%) below asking price over the last 30 days (October 22 - November 20), which represents a $2,753 decrease compared to the previous 30 day period (September 22 - October 21) and ($46,140) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 2-bedroom homes in Burlington over the last 30 days (October 22 - November 20) stood at 106.2%, up from 71.4% over the previous 30 days (September 22 - October 21) and up from 100.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 4-bathroom home in Burlington stood at 31 days when successfully sold over the last 30 days (October 22 - November 20), compared to 66 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Real Estate Services Ltd.
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