This industrial property in Burlington is for sale offering roughly 16,152 sq ft of space. It has been on the market 85 days, fresher than the Burlington average of 110 days.

Description

3-Unit Industrial Investment Opportunity With Easy Access To 407 And QEW... Building Is Approximately 16,152 Sf And Has 18' Clear Height. 7,799 Sf Currently In Use By Owner. Balance Is Leased (1327 Heine 4,747 Sf) & (1329 Heine - 3,606 Sf) Each On 5 Year Terms Expiring in 2031. (id:66096)

Property Details

MLS®: W13660332
Property Type: Industrial
Zoning: Ge1
Interior Size: 16,152 ft²
Lot Size: 1.05 acres
Frontage: 150 ft
Heating: Forced air, Natural gas
Cooling: Partially air conditioned
Property Tax: $37,429/yr
Listed: 85 days ago

Market Timing

Days on market

85d

Burlington (Industrial Burlington) listings, avg age

110d

Price / ft²

$485

List price

$7.83M

Homes here sell faster than most markets

Sold homes in this market spent an average of 36 days on the market over the past year, against a median of 48 days across the markets we publish.

Haho

This industrial in Burlington (Industrial Burlington) has been listed for 85 days, which is 25 days fresher than the city average of 110. Act while there is still low competition.

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Area context

Neighbourhood profile (L7L)

This home lists at $7,833,720, about 64.2× the local median household income of $122,000.

Carrying it typically needs a household income of about $1,530,200 (20% down, 25-yr amortization, stress-tested) — roughly 1154% above the area median.

Median household income: $122,000
Population: 47,433
Median age: 42.4
Owner / renter: 84% / 16%
Avg. household size: 2.7

Source: Statistics Canada, 2021 Census (FSA L7L)

$7,833,720· $485/ft²

For sale

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Financing

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1329 Heine Court, Burlington (Industrial Burlington) - Industrial for Sale

Description

Property Details

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (L7L)

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