$1,989,000 - 648-654 Francis Road, Burlington
Multi-Family for Sale in Burlington
50 days on market- MLS Number
- W13039574
- Property Type
- Multi-Family
- Status
- active
- Days on Site
- 50
- Bedrooms
- 12
- Bathrooms
- 8
- Square Feet
- 3,500 - 3,999 sqft
- Neighbourhood
- Burlington
- Listing Brokerage
- RE/MAX REAL ESTATE CENTRE INC.
An Incredible opportunity to own an exceptionally well-maintained four (4)-plex townhouse property backing onto a scenic bike and walking trail in the desirable Aldershot North Shore Rd neighbourhood. Proudly owned by the same owner for over 30 years, this quadplex features four identical units, each offering 3 bedrooms, 1.5 bathrooms, a private yard, full basement, and spacious kitchen, dining, and living areas. Fully tenanted on a month-to-month basis, the property has been meticulously cared for and updated over the years, including newer roof, windows, furnaces, central air conditioners, and updated kitchens and bathrooms. Parking for up to 8 vehicles is available at the rear of the building. Please note that not all units may be available for showings-refer to virtual tour, photos, and floor plans where possible. Tenants pay their own gas and hydro with separate meters. Excellent tenants in place who pay on time. Prime location with easy access to major routes (QEW/403/407 and GO Station), and within walking distance to downtown Burlington, the lakefront, beach, hospital, and surrounded by peaceful greenspace.
Estimate your monthly payments for this property
Estimated Payment
$8,798.02/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Burlington
Burlington is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Burlington
- •Convenient location in Burlington
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Burlington offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
648-654 Francis Road, Burlington
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $568/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Negotiation Opportunity
At 50 days on site, this property has exceeded the typical selling timeline for Burlington. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
Larger Home Realities
At 3,500 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
Excellent Flexibility
With 12 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Burlington.
Bathroom Count Matters
With 8 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
Burlington Lifestyle
Burlington offers a balance of urban convenience and suburban tranquility. Growing families appreciate the newer schools and community feel. The GO Train provides reasonable Toronto access. Home values have appreciated steadily as families seek alternatives to Toronto's density and pricing.