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5006 S Service Rd
Burlington, ON L7L 5Y7 Burlington East

$875,585 USD

Office Condo For Sale  •  1,796 SF

Property Details

  • Property Type Office
  • Total Building Size 10,776 SF
  • Lot Size 2.54 AC
  • Building Class C
  • Year Built 2005
  • Tenancy Multiple
  • Zoning GE1
59 Transit Score
36 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit 3 Office 1,796 SF $875,585 USD
  • Unit Size: 1,796 SF
  • Condo Use: Office
  • Price: $875,585 USD
  • Sale Type: Investment
  • Price/SF: $487.52 USD
Sale Notes
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 sq. 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.

Highlights

Income-producing investment with long-term stable tenancy and minimal management obligations.
Strong return profile delivering approximately a 7.5 percent cap rate supported by net lease income.
Positioned in Burlington’s established South Service Road corridor offering exceptional highway and GO Station access.
Flexible GE1 General Employment zoning suitable for a wide range of commercial and light-industrial uses.
Professionally maintained condo unit providing future adaptability and strong resale appeal.

Public Transportation

Commuter RailDriveWalkDistance
Appleby Go Station Rail (Lakeshore West Train - GO Transit) 4 min 13 min 0.7 mi
Burlington Go Station Rail (Lakeshore West Train - GO Transit, Niagara Falls Train - GO Transit) 10 min - 4.0 mi
Transit/SubwayDriveWalkDistance
Appleby Go Station Rail (Lakeshore West Train - GO Transit) 4 min 13 min 0.7 mi
AirportDriveWalkDistance
John C. Munro Hamilton International 36 min - 23.3 mi
Billy Bishop Toronto City 42 min - 29.4 mi
Toronto Pearson International 44 min - 29.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 26
Type: Surface
Included in Rent: Yes
Afzal Paracha 289-401-8496 Re/Max Real Estate Centre Inc., Brokerage
Afzal Paracha 289-401-8496 Re/Max Real Estate Centre Inc., Brokerage