Halton House of the Week: Steps to downtown Burlington, Spencer Smith Park

This Place: Ready-made income makes great investment opportunity

Price: $2,399,000

Address: 2177 Lakeshore Rd., Burlington

Bedrooms: 6+2

Baths: 5

Lot Dimensions: 52 x 153 feet

Taxes: $6,892

Features:

A spectacular location nestled within easy walking distance to Lake Ontario, Spencer Smith Park and all the wonderful shops and restaurants in downtown Burlington, this legal duplex property is a masterpiece.

Its thoughtfully-designed layout encompasses a main floor with two bedrooms and one-and-a-half bathrooms, a second and third level boasting four bedrooms and one-and-a-half bathrooms and a basement with two bedrooms and one bath.

The unique extra is a barn converted into its own separate unit. Currently fully tenanted, it generates a robust $11,000 monthly income, making it an investor’s dream for positive cash flow in the heart of downtown Burlington.

New owners could also convert it into a sprawling single-family home.

Thanks to Sam McDadi Real Estate Inc Brokerage for all information about the inHouse of the Week.