$1,199,000
Available - For Sale
Listing ID: W12916402
5006 South Service Road , Burlington, L7L 5Y7, Halton
| 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. |
| Price | $1,199,000 |
| Taxes: | $6555.86 |
| Tax Type: | Annual |
| Monthly Condo Fee: | $314 |
| Occupancy: | Tenant |
| Address: | 5006 South Service Road , Burlington, L7L 5Y7, Halton |
| Postal Code: | L7L 5Y7 |
| Province/State: | Halton |
| Legal Description: | UNIT 6, LEVEL 1, HALTON STANDARD CONDOMI |
| Directions/Cross Streets: | Harvester Rd/ South Service Rd |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 |
| Category: | Commercial Condo |
| Use: | Other |
| Building Percentage: | F |
| Total Area: | 1796.00 |
| Total Area Code: | Square Feet |
| Office/Appartment Area: | 1584 |
| Office/Appartment Area Code: | Sq Ft |
| Office/Appartment Area Code: | Sq Ft |
| Retail Area Code: | Sq Ft |
| Sprinklers: | No |
| Washrooms: | 0 |
| Rail: | N |
| Truck Level Shipping Doors #: | 0 |
| Double Man Shipping Doors #: | 1 |
| Height Feet: | 7 |
| Drive-In Level Shipping Doors #: | 0 |
| Grade Level Shipping Doors #: | 0 |
| Heat Type: | Gas Forced Air Close |
| Central Air Conditioning: | Yes |
| Sewers: | Sanitary+Storm |
$
%
Years
This calculator is for demonstration purposes only. Always consult a professional
financial advisor before making personal financial decisions.
| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| RE/MAX REALTY SERVICES INC. |
|
|
Farnaz Masoumi
Broker
Dir:
647-923-4343
Bus:
905-695-7888
Fax:
905-695-0900
| Virtual Tour | Book Showing | Email a Friend |
Jump To:
At a Glance:
| Type: | Com - Commercial Retail |
| Area: | Halton |
| Municipality: | Burlington |
| Neighbourhood: | Industrial Burlington |
| Tax: | $6,555.86 |
| Fireplace: | N |
Locatin Map:
Payment Calculator:
