225 ST. PAUL STREET

Some homes are simply lived in. This one is experienced. Tucked into one of Burlington's most coveted waterfront pockets, the Burlington Boathouse is as iconic as they get - stunning water views of Lake Ontario, a peaceful setting, a 15-minute stroll to downtown.

This 1938 Art Moderne residence has been fully transformed into a turnkey, income-producing trophy property. All units are currently vacant, allowing immediate occupancy, renovation, or the opportunity to lease at current market rents. Three fully furnished, self-contained designer-appointed executive suites with separate entrances.

One unforgettable address. Endless possibility. The Captain's Quarters - 1,775 square feet.

Two bedrooms anchored by a show-stopping living room with gas fireplace, made for evenings that feel like a postcard. French doors swing open onto a private lake-view patio. The Upper Deck - 2,008 square feet.

A single-bedroom suite with gourmet kitchen, two full baths and a private rooftop terrace with panoramic lake views you'll want to show off -these outdoor living spaces are rare and cannot be replicated with new building by-laws. The Galley - 1,172 square feet. A single-bedroom suite with living and dining beside a gas fireplace, and a spa-like bath that feels like a daily escape.

This isn't just a beautiful home - it's a fully operational, multi-suite revenue property with potential to return to a single-family residence. Whether you're an investor chasing cash flow, a multi-generational family wanting separate-but-connected living or a buyer who wants the kind of property people dream about with water views - this is the one. A legacy property with eight decades of character and a fully modern engine underneath.

Properties like this don't come up often. RSA.