Excellent investment opportunity to acquire a fully leased neighbourhood retail plaza in a prime Burlington location.


Property

Website:https://www.nestseekers.com/5666058
Address:
Burlington L7N 2E3
Canada
Ownership: For Sale
Type: Unknown
Bathrooms: 1

Financials

Price:C6,680,000
($4,764,200)
(€4,138,700)
Annual Taxes:C44,231.72

Description

Excellent investment opportunity to acquire a fully leased neighbourhood retail plaza in a prime Burlington location. 495 Walkers Line features a 13,304 sq. ft. single-storey plaza on a 54,734 sq. ft. site with 229 feet of frontage on a high-traffic corridor. The property consists of 10 units leased to a strong mix of established tenants, including Pharmasave, Domino's Pizza, medical, professional, personal service, and food businesses, providing stable, diversified income. All leases are net, minimizing landlord expenses. Zoned CN1 (Neighbourhood Commercial), the property permits a broad range of commercial uses. Well maintained with ample parking, individual HVAC units, and full municipal services. Surrounded by established residential neighbourhoods and major retailers, this asset offers reliable cash flow with future rental growth potential, making it an ideal addition to any investment portfolio.

Contact

Angelo Ferlisi
9 Queen Street Unit 7, Cookstown, Ontario