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For Sale · Office

2090 BATES Common, Burlington

2090 BATES Common, Burlington, ON L7R0A5

$999,900 total

2,642 SF

Asset Class

Office

Size

2,642 SF

Building class

C

Zoning

DC1 — Direct Control

$ / SF

$378

Occupancy

87%

About this property

A rare live/work opportunity in the heart of downtown Burlington, just steps from the waterfront, shopping and restaurants! This distinctive three-storey end-unit townhome features commercial space on the main floor and basement, with residential living across the upper two floors. The main-floor office offers a separate entrance, reception area, multiple offices and a two-piece bathroom. Upstairs, enjoy a bright living room with Juliette balcony and gas fireplace, a well-appointed kitchen with rich cabinetry, stainless steel appliances, granite countertops and breakfast bar, and an adjoining dining area opening to a spacious terrace. Two generous bedrooms each feature a four-piece ensuite, while the primary bedroom boasts his-and-hers closets and a Juliette balcony. A private rooftop terrace provides additional outdoor living space. Complete with two owned parking spaces and in-suite laundry, this unique property offers an exceptional blend of professional functionality and downtown living, close to Burlington’s waterfront, parks, transit, restaurants and boutique shopping. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1000K
Down payment30% · $300K
Interest rate6.25%
Amortization25 years
Occupancy87%
Expense growth2.5%

Monthly debt service

$5K

Projected NOI

$49K

Annual cash flow

$-6K

Cash-on-cash

-2.04%

DSCR

0.89

Going-in cap

4.93%

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.

Rent roll (estimated)

TenantAreaExpiry
Lakeview Physiotherapy1,520 SF2028-06
Lakeview Physiotherapy781 SF2028-06

Area demographics

Trade area within 3 miles of the property.

Population

140,126

Households

57,594

Median income

$112,500

Median age

35.1

Daytime population

162,179

5-yr growth

6.2%

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

Secure deal room

Confidential diligence documents for 2090 BATES Common, 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.