Overview

This office property in Burlington is for sale offering roughly 2,705 sq ft of space. It has been on the market 36 days, fresher than the Burlington average of 47 days.

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Description

Royal LePage Commercial - The Investments Group is offering approximately 2,700 SF of recently constructed medical/commercial condominium space in Burlington's Alton Village employment node.Zoned BC1-492 and suitable for medical, dental and professional office uses, the partially built-out space can be demised into two approximately 1,200 SF units, providing flexibility for owner-users or multiple practitioners. Features include 100-amp, 120/208V, 3-phase electrical service, elevator access, sprinklers, floor-to-ceiling windows and approximately 120 surface parking spaces with dedicated drop-off and accessible parking. Located within a modern Class A medical-commercial complex with convenient access to Appleby Line, Dundas Street and Highway 407, and surrounded by established residential, commercial and employment uses in northBurlington. (id:66096)

Property Details

MLS®: W13840540
Property Type: Office
Zoning: Medical / Commercial
Parking: 123
Interior Size: 2,705 ft²
Frontage: 213,096 ft
Heating: Forced air, Natural gas
Cooling: Fully air conditioned
Property Tax: $19,509.12/yr
Listed: 36 days ago

Market Timing

Days on market

36d

Burlington (Alton) listings, avg age

47d

Price / ft²

$702

List price

$1.90M

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 office in Burlington (Alton) has been listed for 36 days, which is 11 days fresher than the city average of 47. Act while there is still low competition.

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Area context

Neighbourhood profile (L7M)

This home lists at $1,899,000, about 14.5× the local median household income of $131,000.

Carrying it typically needs a household income of about $370,941 (20% down, 25-yr amortization, stress-tested) — roughly 183% above the area median.

Median household income: $131,000
Population: 48,498
Median age: 41.6
Owner / renter: 90% / 10%
Avg. household size: 2.8

Source: Statistics Canada, 2021 Census (FSA L7M)

$1,899,000· $702/ft²

For sale

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Financing

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Description

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Neighbourhood profile (L7M)

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