$2,099,999
For sale: Multiplex

PRICED TO SELL! Rare opportunity to acquire an updated 7-unit multiplex. Income-generating and move-in ready, with the exception of one unit, this exceptional property allows investors to hand select AAA tenants and begin earning immediately. Tastefully renovated while preserving the charm and character of this magnificent property. Prime downtown Burlington location, within walking distance to shopping, schools, parks, and entertainment. Make it yours!
Sold data
Homes in Burlington (Brant) took a median of 25 days to sell over the last 90 days, with the quickest quarter selling within 11 days and the slowest quarter taking more than 47, across 606 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 37 days.
The median sale price was $972,494.
Homes sold for about 2.7% below asking on average, so there was room to negotiate.
About 13% of sales closed above the list price.
Around 22% of sellers reduced their price before finding a buyer.
Based on 606 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Burlington (Brant) has 51 Fraser Institute–rated schools (43 elementary and 8 secondary), averaging 7.1/10.
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale

$1,799,000
Multiplex24 OAKWOOD AVENUE N, Port Credit, Mississauga

$1,999,999
Multiplex328 HIGH PARK AVENUE, Junction Area, Toronto

$1,599,900
Multiplex58 FORTY-FIRST STREET, Long Branch, Toronto

$1,899,999
Multiplex524 SILVERTHORN AVENUE, Keelesdale-Eglinton West, Toronto

$1,500,000
Multiplex114 DE GRASSI STREET, South Riverdale, Toronto

$1,985,000
Detached6 GRIGGSDEN AVENUE, Humber Heights, Toronto

$2,198,800
Detached1109 FORESTVALE DRIVE, Tyandaga, Burlington

$1,967,000
Other400 SUMMERHILL AVENUE, Rosedale-Moore Park, Toronto