Burlington, ON L7R 2G6,519-527 Brant ST
$6,900,000
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519-527 Brant ST Burlington, ON L7R 2G6

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Key Details

Property Type Commercial

Sub Type Land

Listing Status Pending

Purchase Type For Sale

Subdivision Brant

MLS Listing ID W12418330

Annual Tax Amount $63,533

Tax Year 2024

Property Sub-Type Land

Lot Depth 168.56

Lot Front 132.45

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.

Location

Province ON

County Halton

Community Brant

Area Halton

Zoning DC

Exterior

Utilities Available Available

Lot Frontage 132.45

Lot Depth 168.56

Others

Security Features Partial

ParcelsYN No


Listed by CUSHMAN & WAKEFIELD

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Kenneth Yim

Kenneth Yim

Broker of Record | License ID: 9524831

+1(647) 496-2269

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519-527 Brant ST

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