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1st Floor - Unit 3
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Office
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1,796 SF
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$875,585 USD
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Unit Size: 1,796 SF
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Condo Use: Office
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Price: $875,585 USD
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Sale Type: Investment
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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.
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