



$12,000,000
Burlington
2084 Old Lakeshore Road, Burlington (Brant), Ontario, L7R1A3
This retail property in Burlington is for sale offering roughly 16,184 sq ft of space. It has been on the market 21 days, fresher than the Burlington average of 60 days.
A standout opportunity to acquire a waterfront property in the heart of Downtown Burlington. 2084 Old Lakeshore Road occupies a prominent position directly on Lake Ontario, steps from Spencer Smith Park, the waterfront trail and the shops, restaurants and amenities of the downtown core. The property features a distinctive commercial building, expansive waterfront patio and exceptional exposure in one of Burlington's most recognizable locations. The flexible space lends itself to a range of commercial possibilities, including hospitality, restaurant, event, retail, office and other permitted uses, with additional lower-level space well suited for storage and staff functions. For purchasers considering the property from a longer-term perspective, the continued evolution of the Old Lakeshore waterfront is noteworthy, including the recently approved redevelopment of the neighbouring property at 2076 Old Lakeshore Road. The site presents an interesting opportunity to explore future possibilities, subject to the purchaser's own planning review and applicable municipal approvals. A compelling opportunity for an investor, owner-user or purchaser looking to secure a prominent waterfront asset in the heart of Downtown Burlington. Also available for lease. (id:66096)
Features and services as supplied by the listing brokerage.
Active: 21 days on market, against an average age of 60 days across the listings currently for sale in this city
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.
This retail in Burlington (Brant) has been listed for 21 days, which is 39 days fresher than the city average of 60. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $12,000,000, about 139.5× the local median household income of $86,000.
Carrying it typically needs a household income of about $2,344,020 (20% down, 25-yr amortization, stress-tested) — roughly 2626% above the area median.
Source: Statistics Canada, 2021 Census (FSA L7R)
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