100 - 540 PLAINS Road
Burlington, Ontario
7,000 sqft • Retail
7000 +/- sf of MXG zoned office/retail space at the base of a modern 6 storey condo building in the heart of Aldershot. Solid lease in place with a government covenant. Keep this AAA Tenant in place for the long term or convert the space to suit your business needs when the lease comes due. Solid Cap rate with next to no landlord involvement, excellent quality finishes, mechanically solid - Long-term Net lease in place coming due Oct 31, 2031, with the opportunity to extend it another 20 years. Top quality buildouts including administrations offices, lunchroom, multiple washrooms, accessible auto-doors and openers, terrific natural lighting and excellent exposure make this a quality asset to add to your portfolio. MXG zoning permits a wide range of uses allowing possible future uses to include medical office, professional office, retail, daycare, dental, and more.
Price History
Schools
Elementary
- Maplehurst Public School0.2 km
Public · Halton DSB · 415 students
Grade 3 reading: 76% met the provincial standard · Grade 6 math: 50% met the provincial standard
- ÉÉC Saint-Philippe0.9 km
French Catholic · CS catholique MonAvenir · 135 students
Grade 3 reading: 76% met the provincial standard · Grade 6 math: 65% met the provincial standard
- Holy Rosary (Burlington) Catholic Elementary School1.1 km
Catholic · Halton CDSB · 370 students
Grade 3 reading: 84% met the provincial standard · Grade 6 math: 66% met the provincial standard
Secondary
- Aldershot High School2.3 km
Public · Halton DSB · 720 students
Grade 10 literacy: 95% met the provincial standard
- Thomas Merton Catholic Secondary School2.5 km
Catholic · Halton CDSB · 180 students
- Burlington Central High School2.6 km
Public · Halton DSB · 865 students
Grade 10 literacy: 91% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area L7T
- Population
- 18,555
- Private dwellings
- 8,287
- Median age
- 48.8
- Average household size
- 2.3
- Median household income
- $93,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Other in Burlington · last 12 months
- Median sold price
- $940,000
- Homes sold
- 2,384
- Median days on market
- 23
- Sale-to-list price
- 97.3%
Based on 2,384 recorded sales of other properties in Burlington over the last 12 months.
Location
Mortgage Calculator
$650,000
Estimated Monthly Payment
$15,966
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $15,966/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $813/mo
Estimates only. Consult a financial advisor.
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