Overview

This industrial property in Burlington is for sale offering roughly 2,602 sq ft of space. It has been on the market 34 days, fresher than the Burlington average of 59 days.

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Description

Great industrial unit in a popular complex moments to QEW and Harvester Road. 3 reserved parking spaces plus visitor parking. Rear drive in door 12FT x 14FT with good loading/ shipping access. Fast vacant possession. 15% office gives you maximum space for your operations. Shop area features drains in the floor. Spacious lunch room/ kitchen. 2pc bathroom in rear. Property taxes and Common Charges are $1,527.62 monthly or $4.26PSF based on annual numbers. Radiant heat in warehouse and garage door opener included. (id:66096)

Property Details

MLS®: 40867258
Property Type: Industrial
Zoning: BC-1
Interior Size: 2,602 ft²
Frontage: 25 ft
Building Area: 2,602 ft²
Storeys: 1
Basement: None
Maintenance Fee: $870/mo
Fee Includes: Common Area Maintenance, Landscaping, Property Management, Insurance
Ownership: Condo/Strata
Property Tax: $7,890/yr
Listed: 34 days ago

Market Timing

Days on market

34d

Burlington listings, avg age

59d

Price / ft²

$423

List price

$1.10M

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 34 days, which is 25 days fresher than the city average of 59. Act while there is still low competition.

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Area context

Neighbourhood profile (L7L)

This home lists at $1,100,000, about 9.0× the local median household income of $122,000.

Carrying it typically needs a household income of about $214,869 (20% down, 25-yr amortization, stress-tested) — roughly 76% 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)

$1,100,000· $423/ft²

For sale

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Financing

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#29 5100 SOUTH SERVICE Road, Burlington - Industrial for Sale

Description

Property Details

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Market Timing

Location

Nearby Places

Neighbourhood profile (L7L)

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