$4,895,000
Burlington
2118/2122 Old Lakeshore Road, Burlington (Brant), Ontario, L7R1A3
This office property in Burlington is for sale offering roughly 7,355 sq ft of space. It has been on the market 1 day, fresher than the Burlington average of 60 days.
Rare commercial end user and investment opportunity at 2118 & 2122 Old Lakeshore Road in downtown Burlington. Situated along the shores of Lake Ontario, this 0.40-acre (17,371 sq. ft.) commercial assemblage features 131 feet of site frontage with unobstructed waterfront views. The property comprises two freestanding office buildings offering a total of 7,355 sq. ft. of gross floor area. The site includes a 2,782 sq. ft. 1.5-storey converted office building at 2118 Old Lakeshore Road and a 4,573 sq. ft. 2-storey purpose-built office building with covered under-building parking at 2122 Old Lakeshore Road. Designated under highly permissive Downtown Old Lakeshore Road Zone Area C (DL-C) zoning, the property permits a wide range of uses including professional and medical offices, daycares, institutional facilities, retail, hospitality, or future mixed-use residential redevelopment. On site parking accommodates approximately 25 vehicles across paved surface and covered spaces. The site is fully serviced with municipal utilities and located within walking distance of Brant Street, Spencer Smith Park, dining, and transit, with quick access to the QEW, 403, and 407 interchanges. Seller prefers to sell properties together. (id:66096)
Features and services as supplied by the listing brokerage.
Just listed: 1 day 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 office in Burlington (Brant) has been listed for 1 day, which is 59 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 $4,895,000, about 56.9× the local median household income of $86,000.
Carrying it typically needs a household income of about $956,165 (20% down, 25-yr amortization, stress-tested) — roughly 1012% above the area median.
Source: Statistics Canada, 2021 Census (FSA L7R)
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