519-527 Brant Street
Burlington, L7R 2G6
FOR SALE
$6,900,000

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Land
CATEGORY22,314 Sq Ft
TOTAL AREAW12418330
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Property Description
An excellent opportunity to acquire a strategically located, income-generating asset with mid-term redevelopment potential. The properties are located along Brant Street in Downtown Burlington. The site comprises approximately 22,314 square feet (0.512 acres) with 132 feet of frontage along Brant Street. Local planning policy and precedent from adjacent development approvals suggest an estimated redevelopment potential for approximately 190,000 sf - 220,000sf of GFA. The properties are currently tenanted by Bank of Montreal and Culaccino Bar &Kitchen providing reliable holding income to offset carrying costs during the planning phase. The approximate net income for the property is $200,000 per year.
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Property Details
Address
519-527 Brant Street
Community
City
Postal Code
L7R 2G6
Property Type
Land, Land
Days On Market
59
Use
Designated
Zoning
DC
Lot Size
132' x 169'
Total Area
22,314 Sq Ft
Acreage
22,314.0 Feet
Taxes
$63,533 (2024
Water
Municipal
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Listing contracted with Cushman & Wakefield
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