Overview

This industrial property in Burlington is for sale offering roughly 3,300 sq ft of space. It has been on the market 36 days, fresher than the Burlington average of 59 days.

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Description

3300 SF industrial condo, with approximately 20% well appointed office with mezzanine above. Excellent clear height, shared dock and drive-in level loading. Air conditioning in the office area only. Unit is clean and bright and in excellent condition. Great location with convenient access to Highways 403, 407, 5/6 & the QEW. (id:66096)

Property Details

MLS®: 40867394
Property Type: Industrial
Zoning: BC2
Interior Size: 3,300 ft²
Frontage: 192 ft
Building Area: 3,300 ft²
Storeys: 1
Basement: None
Maintenance Fee: $647/mo
Ownership: Condo/Strata
Property Tax: $475/yr
Listed: 36 days ago

Features

Foundation: Poured Concrete
Exterior: Concrete
Lot Features: Paved driveway

Services

Water: Municipal water
Sewer: Municipal sewage system
Utilities: Electricity

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

36d

Burlington listings, avg age

59d

Price / ft²

$482

List price

$1.59M

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 has been listed for 36 days, which is 23 days fresher than the city average of 59. Act while there is still low competition.

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Area context

Neighbourhood profile (L7B)

This home lists at $1,590,000, about 10.3× the local median household income of $154,000.

Carrying it typically needs a household income of about $310,583 (20% down, 25-yr amortization, stress-tested) — roughly 102% above the area median.

Median household income: $154,000
Population: 17,809
Median age: 42
Owner / renter: 90% / 10%
Avg. household size: 3.2

Source: Statistics Canada, 2021 Census (FSA L7B)

$1,590,000· $482/ft²

For sale

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Financing

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#2 1550 YORKTON Court, Burlington - Industrial for Sale