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2130-2188 Mountain Grove Ave 22,241 SF 100% Leased Retail Building Burlington, ON L7P 2J3 $10,500,000 CAD ($472.10 CAD/SF)

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EXECUTIVE SUMMARY

CBRE’s Retail Investment Group is pleased to present 2130 Mountain Grove Avenue, a high-performing retail plaza located at the prominent intersection of Mountain Grove
Avenue and Guelph Line in Burlington. This 25,290 sq. ft. plaza sits on a 2-acre site, offering both stable income and exceptional long-term potential. The property is fully leased to a diverse mix of tenants and benefits from its close proximity to major national retailers including Fortino’s, Food Basics, Giant Tiger, Dollarama, and many others at the nearby Guelph Line and Upper Middle Road retail node. Nestled within a quiet residential neighbourhood, the plaza enjoys excellent exposure and accessibility along Guelph Line, making it a highly visible and convenient destination for shoppers. With flexible lease terms and favourable zoning, the site offers significant redevelopment potential, making it an ideal opportunity for investors seeking both immediate income and future upside. This is a rare chance to acquire a fully leased, income-generating asset in one of Burlington’s most desirable and evolving retail corridors.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
22,241 SF
Building Class
B
Year Built
1971
Price
$10,500,000 CAD
Price Per SF
$472.10 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.25
Lot Size
2.01 AC
Zoning
CN2-162
Parking
35 Spaces (1.57 Spaces per 1,000 SF Leased)
Frontage
143’ on Guelph Ln

AMENITIES

  • Signage
Walk Score®
Very Walkable (79)
Bike Score®
Very Bikeable (75)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Fortinos
CIBC
No Frills
FreshCo
Royal Bank of Canada
TD Canada Trust
Scotiabank
Montana’s BBQ & Bar
SpinCo
Tim Hortons
  • Listing ID: 38309370

  • Date on Market: 2025-11-03

  • Last Updated:

  • Address: 2130-2188 Mountain Grove Ave, Burlington, ON L7P 2J3

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