5006 S Service Rd - Office CONDO FOR SALE


Burlington, ON L7L 5Y7- Burlington East
$1,199,000 CAD
289-401-8496
5006 S Service Rd, Burlington, ON for Sale
$1,199,000 CAD
Office CONDO - FOR SALE
1/5
null | 7.5% Cap Rate

5006 S Service Rd
Burlington, ON L7L 5Y7
Burlington East


HIGHLIGHTS

  • Income-producing investment with long-term stable tenancy and minimal management obligations.
  • Strong return profile delivering approximately a 7.5 percent cap rate supported by net lease income.
  • Positioned in Burlington’s established South Service Road corridor offering exceptional highway and GO Station access.
  • Flexible GE1 General Employment zoning suitable for a wide range of commercial and light-industrial uses.
  • Professionally maintained condo unit providing future adaptability and strong resale appeal.

OVERVIEW

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 sq. 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.

FOR SALE DETAILS

PRICE

$1,199,000 CAD

PRICE/SF

$668 CAD /SF

CAP RATE

7.5%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

10,776 SF

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

26

LAND DETAILS

LAND ACRES

2.54 AC

LAND SF

110,642 SF

ZONING

GE1

APN/PARCEL ID

257880007

ASK ABOUT THIS PROPERTY

Afzal ParachaRe/Max Real Estate Centre Inc., BrokerageMore Info
289-401-8496

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Afzal ParachaRe/Max Real Estate Centre Inc., BrokerageMore Info
289-401-8496

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.