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$ 1,199,000
Est. payment /mo
Active
5006 South Service RD #3 Burlington, ON L7L 5Y7
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Subdivision Industrial Burlington
MLS Listing ID W12916402
Condo Fees $314
Annual Tax Amount $6,555
Tax Year 2025
Property Sub-Type Commercial Retail
Property Description
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.
Location
State ON
County Halton
Area Halton
Interior
Cooling Yes
Exterior
Utilities Available Available
Others
Security Features No
ParcelsYN No
Virtual Tour https://view.tours4listings.com/cp/3-5006-south-service-road-burlington/
Listed by RE/MAX REALTY SERVICES INC.
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