Being sold under POWER OF SALE due to mortgage default. "As is, where is". Existing use: Drycleaner and alterations store front with residential rooms rented for immediate income potential. Explore the potential uses offered by the City of Burlington Official plan zoning designation "H-DRH", including potential land assembly/retirement home/office and resi/high rise resi.
- MLS®#:
- W12961432
- Property Type:
- Store W Apt/Office
- Property Style:
- Area:
- Halton
- Community:
- Brant
- Taxes:
- $5,804 / 2025
- Added:
- April 06 2026
- Lot Frontage:
- 44
- Lot Depth:
- 160
- Status:
- Active
- Outside:
- Year Built:
- Brokerage:
- RIGHT AT HOME REALTY
- Lot :
-
160
44
BIG LOT
- Intersection:
- Lakeshore Rd and Maple Ave
- Rooms:
- Bedrooms:
- Bathrooms:
- Fireplace:
- Utilities
- Water:
- Municipal
- Cooling:
- Yes
- Heating Type:
- Baseboard
- Heating Fuel:
Listing Details
Insights
- Immediate Income Potential: The property currently operates as a drycleaner and alterations store with residential rooms rented out, providing immediate cash flow for the buyer.
- Versatile Zoning Opportunities: The property is zoned under the City of Burlington's Official Plan as "H-DRH," allowing for various potential uses, including land assembly, retirement homes, offices, and high-rise residential developments.
- Power of Sale Advantage: Being sold under power of sale due to mortgage default presents a unique opportunity for buyers to acquire the property at potentially below market value, with the possibility of negotiating favorable terms.
Neighborhood Overview
Complete neighborhood profile for 1286 Ontario Street
Brant home prices
Average sold price for Detached, Semi-Detached, Condo, Townhomes in Brant
* Data is provided courtesy of TRREB (Toronto Regional Real-estate Board)
