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$6,680,000
Est. payment /mo
1 Bath
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Subdivision Shoreacres
MLS Listing ID W13624406
Annual Tax Amount $44,231
Tax Year 2025
Property Sub-Type Commercial Retail
Property Description
Excellent investment opportunity to acquire a fully leased neighbourhood retail plaza in a prime Burlington location. 495 Walkers Line features a 13,304 sq. ft. single-storey plaza on a 54,734 sq. ft. site with 229 feet of frontage on a high-traffic corridor. The property consists of 10 units leased to a strong mix of established tenants, including Pharmasave, Domino's Pizza, medical, professional, personal service, and food businesses, providing stable, diversified income. All leases are net, minimizing landlord expenses. Zoned CN1 (Neighbourhood Commercial), the property permits a broad range of commercial uses. Well maintained with ample parking, individual HVAC units, and full municipal services. Surrounded by established residential neighbourhoods and major retailers, this asset offers reliable cash flow with future rental growth potential, making it an ideal addition to any investment portfolio.
Location
State ON
County Halton
Area Halton
Zoning CN1
Interior
Cooling Yes
Exterior
Parking Features Outside/Surface
Utilities Available Yes
Building
Lot Description Lot
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Lited by RE/MAX REALTY SPECIALISTS INC.
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