3 - 5006 South Service Road
Burlington, ON
- 1,796 sqft
- Commercial Retail
- 159 days on market
Turnkey Investment Opportunity - Approx. 7.5% Cap Rate Exceptional opportunity to acquire a fully leased, income-producing commercial property in Burlington's established South Service Road employment corridor. This professionally finished unit offers approximately 1,800 ag. ft. and is occupied by a long-standing Speech Therapy clinic with a proven track record at this location. The property generates $7,500 per month net rent ($90,000 annually) with the tenant paying TMI and utilities, resulting in a clean, low-management investment. Based on the asking price of$1,199,000, this represents an approximate 7.5% capitalization rate, providing immediate positive cash flow. The property is being sold with the current tenant and lease in place, secured until 2032 with a 5-year renewal option, offering long-term income stability and reduced vacancy risk-ideal for both seasoned and new investors seeking predictable returns. Zoned GE1 - General Employment, the site allows for a broad range of commercial and light industrial uses, supporting long-term flexibility and enhancing future resale value. Its prime location with quick access to the QEW/403 and Appleby GO Station positions the asset within a high-demand employment node with strong fundamentals and appreciation potential. An ideal investment for buyers looking for stable income, positive cash flow, and long-term growth in a strategic Burlington location.
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Listing Details
- Taxes (2025)
- $6,556
- Listed
- March 24, 2026
Price History
Parking
- Garage
- Outside/Surface
Utilities
- Sewer
- Sanitary+Storm
Location & Legal
- Cross Street
- Harvester Rd/ South Service Rd
- Zoning
- GE1 - General Employment 1
- Parcel Number
- 257880007
- Possession
- Immediate
- Occupancy
- Tenant
Commercial
- Business Type
- Other
- Office / Apartment Area
- 1583.6 Sq Ft
Community
Postal area L7L
- Population
- 47,433
- Private dwellings
- 17,852
- Median age
- 42.4
- Average household size
- 2.7
- Median household income
- $122,000
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
Commercial in Burlington · last 12 months
- Median sold price
- $940,000
- Homes sold
- 2,378
- Median days on market
- 23
- Sale-to-list price
- 97.3%
Based on 2,378 recorded sales of commercial properties in Burlington over the last 12 months.
Listed by
RE/MAX REALTY SERVICES INC.
Walk Score
Walk
Transit
Bike
Scores by Walk Score®
Location
Street View
Commercial figures
- Building area
- 1,796 sq ft
- Price per sq ft
- $667.59
- Annual property tax
- $6,556
- Tax per sq ft
- $3.65
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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