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1 / 23• 20 locked
5006 South Service Road
Burlington, ON L7L 5Y7
Price
$1,199,000
Building Size
1,796 sq ft
MLS# W12916402 | Listed by RE/MAX REALTY SERVICES INC.
Commercial Specifications
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.
Price & Status History
Price history is locked
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Guided by Vick Yogeswaran • REALTOR®
RE/MAX Realtron Realty Inc., Brokerage
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Listing Courtesy of: RE/MAX REALTY SERVICES INC.
This listing is provided through the TRREB MLS® System. Contact the listing brokerage for more information.
Data Accuracy: While every effort has been made to ensure the accuracy of the information, HouseIndex.ca makes no warranties or representations as to the accuracy, completeness, or reliability of this data. All information should be independently verified. Last updated data may not reflect the most current MLS® listings.