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    For Sale - 5006 South Service Road Unit# 3, Burlington, Ontario

    Est payment $5,757/mo
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    Views   3
    Time on Jump  9 day

    AI Summary *

    • Fully leased commercial property with steady income of $90,000 annually.
    • Located in a prime area with easy access to transportation routes.
    • Zoned for various commercial and light industrial uses.
    • Long-standing tenant secured until 2032, ensuring income stability.
    • Approx. 7.5% cap rate offers great potential for positive cash flow.




    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.
    Listing IDW12916402
    Address5006 South Service Road Unit# 3
    CityBurlington, Ontario
    Price$1,199,000
    StyleCommercial Retail
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype Commercial RetailHeating / Cooling Gas Forced Air ClosedSewer Sanitary+Storm

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    Listing Agency:  RE/MAX REALTY SERVICES INC.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    5006 South Service Road Unit# 3
    Burlington , Ontario
    $1,199,000
    Get more info