+18 more
1,796 sqft
Building Area
About This Property
This retail in Burlington offers 1,796 sqft of building area. The property has cross street Harvester Rd/ South Service Rd, zoned GE1 - General Employment 1. The home features forced air, natural gas heating, fully air conditioned.
MLS Remarks
Turnkey Investment Opportunity - Approx. 7.5% Cap Rate Exceptional opportunity to acquire a fully leased, income-producing commercial property in Burlington's established South Service Road employment corridor. This professionally finished unit offers approximately 1,800 ag. ft. and is occupied by a long-standing Speech Therapy clinic with a proven track record at this location. The property generates $7,500 per month net rent ($90,000 annually) with the tenant paying TMI and utilities, resulting in a clean, low-management investment. Based on the asking price of$1,199,000, this represents an approximate 7.5% capitalization rate, providing immediate positive cash flow. The property is being sold with the current tenant and lease in place, secured until 2032 with a 5-year renewal option, offering long-term income stability and reduced vacancy risk-ideal for both seasoned and new investors seeking predictable returns. Zoned GE1 - General Employment, the site allows for a broad range of commercial and light industrial uses, supporting long-term flexibility and enhancing future resale value. Its prime location with quick access to the QEW/403 and Appleby GO Station positions the asset within a high-demand employment node with strong fundamentals and appreciation potential. An ideal investment for buyers looking for stable income, positive cash flow, and long-term growth in a strategic Burlington location. (id:60351)
Property History
MLS# W12916402| Date | Event | MLS# | Price | Change |
|---|---|---|---|---|
| Mar 24, 2026 | Listed For Sale | W12916402 | $1,199,000 | — |
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Overview
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