Sold

985 Kingsway Dr, Burlington, Ontario L7T 3J1

$1,899,999 $1,870,000

985 Kingsway Dr, Burlington, Ontario L7T 3J1 is Sold and has a listing price of 1,899,999. The property is located in the La Salle neighbourhood . It's been on the website for 249 Days.

  • Multiplex
    Property Type
  • Residential
    Building Type
  • 8
    Bedrooms
  • 8
    Bathrooms
  • 11
    Parking Spaces
  • MLS ID: 27542018
  • Office Name MYSAK REALTY INC.
Property Description

6.3% cap rate. 8-units (3x 2b & 5x 1b) total including 3 vacant. Meticulously maintained building features revitalized common areas and updated exterior retaining wall. Tenants pay Hydro. Flat roof (2022). Clean Environmental Phase 1 (2024). Laundry on site. 11 parking spots. Located less than 3 km from Aldershot GO Station, Highway 403, and Mapleview Shopping Centre.

Property Details
  • Bedrooms: 8
  • MLS ID: 27542018
  • Bathrooms: 8
  • Price: $1,899,999
  • Lot Depth: 141.62
  • Lot Front: 76
  • Transaction Types: Sold
  • Ref ID: 27542018
  • Year Built: N/A
  • Bonus Room: N/A
  • Dir / Cross St: Plains Rd. E. & Kingsway Dr.
  • Status: U
  • Tax Year: 2024
  • Municipality District: Burlington
  • Building Type: Residential
  • Property Type: Multiplex
  • Property Type: All Houses
  • Property Sub Category: All Houses
Price History
List Date MLS ID List Price Status End Date Closed Price
10/15/2024 W9396611 $1,899,999 Sold 01/30/2025 $1,870,000
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
La Salle
  • $1,218,008 Average List Price
    based on 1 year
  • 0 New Listings
    based on 30 days
  • 107 Median Days on Market
    based on 1 year
  • List vs. Selling Price 2.97 % Up
  • Sold (12mo) 98
  • Rented (12mo) 76

  • 1 Month Change -100.0%
  • 3 Month Change -100.0%
  • 6 Month Change -100.0%
Walkscore
  • 80 Walk Score
    Very Walkable
  • 42 Transit Score
    Some Transit
  • 70 Bike Score
    Very Bikeable
Property Type Distribution
  • All Houses
    62.79%
  • Commercial
    6.7%
  • Condo
    30.51%
Additional Details
  • Heat Type Water
  • Sewers Sewers
  • Heat Source Gas
  • Style 2-storey
  • Washroom Type1: 8
  • Garage Type Other
  • Parking Spaces: 11
  • Water Municipal
  • Exterior Concrete
  • Total Parking Spaces: 11
  • Garage: N/A
  • Basement Finished
  • Kitchen 8
  • Family Room: N
  • Area Code: 06
  • Washrooms Type 1 # Pcs: 3
  • Washrooms Type 2 # Pcs: N/A
  • Washrooms Type 3 # Pcs: N/A
  • Washrooms Type 4 # Pcs: N/A
  • Washrooms Type 5 # Pcs: N/A
  • Washrooms Type 2: N/A
  • Washrooms Type 3: N/A
  • Washrooms Type 4: N/A
  • Washrooms Type 5: N/A
  • Taxes: $8,309
  • Sold Date: 30/01/2025
  • Last Status Sld
  • Original Price: $1,899,999
  • Sold Price: $1,870,000
  • Addl Monthly Fees: $0
  • Days On Market2: 107
  • Type: .m.
  • % Listing Price: 98
  • Possession Remarks: TBA
  • Listing Entry Date: 15/10/2024 15:28:33
  • First Open House Date:
  • Possession Date:
  • Agent Name: SAMUEL IUS
  • Closed Date: 13/03/2025
  • Last Updated: 30/01/2025 17:51:57
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