Business For Sale · Office

53-55 - 5100 SOUTH SERVICE ROAD, Burlington (Industrial Burlington)

53-55 - 5100 SOUTH SERVICE ROAD, Burlington (Industrial Burlington), ON L7L6A5

$899,999 total

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Asset Class

Office

Size

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Building class

B

Zoning

CB2 — Central Business

$ / SF

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Occupancy

92%

About this property

Exceptional opportunity to own a beautifully maintained double-unit office condo offering approximately 2,270 sq. ft. in a highly visible and sought-after QEW corridor. Unit 53, approximately 1,065 sq. ft., is leased at $1,750 per month plus TMI, providing immediate rental income, while Unit 55 will be delivered vacant on closing-ideal for operating your own business while benefiting from income from the adjoining unit. The property features very low maintenance fees, with water included, four designated parking stalls and abundant visitor parking. Bright, clean and professionally appointed, the space is suitable for professional offices, medical and healthcare uses, and religious institutions, along with many other permitted uses. Outstanding QEW exposure, excellent accessibility and the perfect combination of income and vacant space make this a truly unique owner user or investment opportunity. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$900K
Down payment30% · $270K
Interest rate6.25%
Amortization25 years
Occupancy92%
Expense growth2.5%

Monthly debt service

$4K

Projected NOI

$56K

Annual cash flow

$6K

Cash-on-cash

2.12%

DSCR

1.11

Going-in cap

6.18%

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.

Area demographics

Trade area within 3 miles of the property.

Population

107,839

Households

42,393

Median income

$80,000

Median age

43

Daytime population

133,540

5-yr growth

9.4%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 53-55 - 5100 SOUTH SERVICE ROAD, Burlington (Industrial Burlington).

NDA required
  • 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.