1286 Ontario Street
1286 Ontario Street
$1,499,000
$213/sq ft · 160 days on market
About This Listing
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.
| Monthly Mortgage (P&I) | $6,531 |
| Property Tax (MLS) | $484 |
| Maintenance Fees | $0 |
| Total Monthly Cost | $7,015 |
Down payment: $299,800 (20.0%) · Mortgage: $1,199,200
Property tax uses MLS annual tax of $5,804/yr. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.
Property Details
Listing provided by RE/MAX ESCARPMENT REALTY INC.
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Data last updated: August 23, 2026 at 04:25 a.m.