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$899,000 total
1,818 SF
Asset Class
Office
Size
1,818 SF
Building class
B
Zoning
CB2 — Central Business
$ / SF
$495
Occupancy
99%
A unique opportunity to own beautifully appointed office space in the heart of downtown Burlington. This corner unit offers desirable southwest views and large windows throughout, providing plenty of natural light and creating a bright, inviting workspace for both clients and staff. The well-designed suite features a welcoming reception area, three private offices, a dedicated meeting room, a spacious file room, a convenient kitchenette and a 3-piece ensuite. Ideally situated within walking distance to boutique shops, cafés, restaurants and the Burlington waterfront, with Spencer Smith Park just steps away. Convenient access to public transit and major highways adds to the appeal of this exceptional location. An ideal opportunity for professionals, consultants, or businesses looking to establish themselves in one of Burlington's most desirable downtown locations. (id:66811)
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Monthly debt service
$4K
Projected NOI
$65K
Annual cash flow
$16K
Cash-on-cash
5.81%
DSCR
1.31
Going-in cap
7.28%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
| Tenant | Area | Expiry |
|---|---|---|
| Blue Harbour Design | 609 SF | 2027-01 |
| Blue Harbour Design | 405 SF | 2027-01 |
| Blue Harbour Design | 400 SF | 2027-01 |
| Blue Harbour Design | 516 SF | 2027-01 |
Trade area within 3 miles of the property.
Population
133,138
Households
52,387
Median income
$96,000
Median age
43.9
Daytime population
214,154
5-yr growth
9.4%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 1455 LAKESHORE Road Unit# 201N, Burlington.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.