5371 Dundas Street Burlington, Ontario L7R 3X4

$2,990,000

Set on an approximately 1-acre parcel land with development potential (under business corridor employment land as per Burlington-Official-Plan-2020-2025-07-31 on city website), this unique property offers exceptional land value, income potential.The existing residence provides excellent flexibility with three separate living spaces. The renovated main floor features a spacious 3-bedroom unit, while the lower level offers two additional in-law suite units, including a 2-bedroom suite and a 1-bedroom suite, each with its own kitchen and bathroom. This setup is ideal for multi-generational living, owner-occupancy with rental income, or investors seeking holding income while exploring future land-use opportunities.Surrounded by a peaceful, park-like setting with nature at your doorstep and Bronte Creek nearby, this property feels like "Muskoka in the city." Enjoy privacy, mature greenery, and a tranquil natural backdrop while remaining close to major roads, shopping, schools, transit, and Burlington & Oakville amenities including Oakville Trafalgar Memorial Hospital. Whether you are looking to live in one unit and rent the others, hold as a long-term land bank investment, or explore redevelopment potential, the possibilities are endless. A rare opportunity to secure a large parcel in a growing Burlington corridor with existing income-producing potential. Offers any time. (id:66349)

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https://www.realtor.ca/real-estate/29981435/5371-dundas-street-burlington-bronte-creek-bronte-creek