1286 ONTARIO Street
Burlington, Ontario
- 1,624 sqft
- Other
Prime investment and development opportunity in Downtown Burlington. The property is designated for high-rise development under the Burlington Official Plan. Currently generating $3,300 per month in rental income. A rare and strategic land-bank acquisition.
Price History
Schools
Elementary
- École élémentaire Renaissance0.2 km
French public · CS Viamonde · 220 students
Grade 3 reading: 72% met the provincial standard · Grade 6 math: 78% met the provincial standard
- Burlington Central Elementary School0.9 km
Public · Halton DSB · 265 students
- Central Public School0.9 km
Public · Halton DSB · 380 students
Grade 3 reading: 81% met the provincial standard · Grade 6 math: 45% met the provincial standard
Secondary
- Burlington Central High School0.9 km
Public · Halton DSB · 865 students
Grade 10 literacy: 91% met the provincial standard
- Thomas Merton Catholic Secondary School1.2 km
Catholic · Halton CDSB · 180 students
- Gary Allan High School - Burlington3.4 km
Public · Halton DSB · 300 students
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area L7S
- Population
- 12,207
- Private dwellings
- 6,368
- Median age
- 54
- Average household size
- 1.9
- Median household income
- $77,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Other in Burlington · last 12 months
- Median sold price
- $940,000
- Homes sold
- 2,378
- Median days on market
- 23
- Sale-to-list price
- 97.3%
Based on 2,378 recorded sales of other properties in Burlington over the last 12 months.
Walk Score
Walk
Transit
Bike
Scores by Walk Score®
Location
Street View
Mortgage Calculator
$299,800
Estimated Monthly Payment
$7,364
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $7,364/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $375/mo
Estimates only. Consult a financial advisor.
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