495 Walkers Line, Burlington, ON L7N 2E3

Burlington L7N 2E3 Ontario

MLS: W12661746

$6,899,900

Added 13 hours ago | For Sale

Listed by: ROYAL LEPAGE REAL ESTATE SERVICES LTD.

About Property

Rare opportunity to acquire a fully leased neighbourhood retail plaza in a prime Burlington location. 495 Walkers Line is a single-storey commercial retail plaza totalling approximately 13,304 sq. ft. situated on a 54,734 sq. ft. site with 229 feet of frontage along Walkers Line, a busy arterial corridor just north of New Street. The property is improved with 10 units occupied by a strong mix of service-oriented and daily-needs tenants, including Pharmasave, Domino's Pizza, medical and professional uses, personal services, and food operators, providing stable and diversified income. The plaza is 100% leased with tenants on net leases, offering predictable cash flow and limited landlord responsibilities. Zoned CN1 (Neighbourhood Commercial), permitting a wide range of commercial uses. The building is well maintained, constructed circa 1982, and benefits from ample surface parking, individual HVAC systems per unit, and full municipal services.Located in an established residential neighbourhood surrounded by dense housing, national retailers, and strong demographics, the property offers long-term income stability with upside through lease renewals and rental growth. Excellent visibility, strong tenancy, and institutional-quality fundamentals make this an ideal acquisition for private investors or commercial portfolios.

Features

  • House Style:Commercial Retail
  • Bathrooms:
  • Land Size: 229.1 X 253.96
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:
  • Cross Street:Walkers Line and New St
  • Basement: ,
  • Possession Date:Flexible
  • Annual Property taxes: $44231.72
  • Bedrooms:
  • Total Parking Spaces:
  • Parking Places:
  • Heating Type:Gas Forced Air Open
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:W12661746

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