5006 South Service Road 3, Burlington, ON L7L 5Y7

Burlington L7L 5Y7 Ontario

MLS: W12916402

$1,199,000

Added 1 hour ago | For Sale

Listed by: RE/MAX REALTY SERVICES INC.

About Property

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.

Features

  • House Style:Commercial Retail
  • Bathrooms:
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  • Water:Municipal
  • Garage Spaces: /Outside/Surface
  • Driveway:
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  • Cross Street:Harvester Rd/ South Service Rd
  • Basement: ,
  • Possession Date:TBA
  • Annual Property taxes: $6555.86
  • Bedrooms:
  • Total Parking Spaces:
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  • Heating Type:Gas Forced Air Closed
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:W12916402

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