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5006 S Service Rd 1,796 SF Office Condo Unit Offered at $1,199,000 CAD in Burlington, ON L7L 5Y7
Investment Highlights
- Income-producing investment with long-term stable tenancy and minimal management obligations.
- Positioned in Burlington’s established South Service Road corridor offering exceptional highway and GO Station access.
- Professionally maintained condo unit providing future adaptability and strong resale appeal.
- Strong return profile delivering approximately a 7.5 percent cap rate supported by net lease income.
- Flexible GE1 General Employment zoning suitable for a wide range of commercial and light-industrial uses.
Property Facts
| Total Building Size | 10,776 SF | Typical Floor Size | 10,776 SF |
| Property Type | Office (Condo) | Year Built | 2005 |
| Building Class | C | Lot Size | 2.54 AC |
| Floors | 1 | Parking Ratio | 2.41/1,000 SF |
| Zoning | GE1 - General Industrial / General Employment | ||
| Total Building Size | 10,776 SF |
| Property Type | Office (Condo) |
| Building Class | C |
| Floors | 1 |
| Typical Floor Size | 10,776 SF |
| Year Built | 2005 |
| Lot Size | 2.54 AC |
| Parking Ratio | 2.41/1,000 SF |
| Zoning | GE1 - General Industrial / General Employment |
1 Unit Available
Unit 3
| Unit Size | 1,796 SF | Sale Type | Investment |
| Price | $1,199,000 CAD | Cap Rate | 7.50% |
| Price Per SF | $667.59 CAD | NOI | $89,925 CAD |
| Condo Use | Office |
| Unit Size | 1,796 SF |
| Price | $1,199,000 CAD |
| Price Per SF | $667.59 CAD |
| Condo Use | Office |
| Sale Type | Investment |
| Cap Rate | 7.50% |
| NOI | $89,925 CAD |
Sale Notes
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.
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5006 S Service Rd
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