3 - 5220 DUNDAS STREET, Burlington (Orchard)

$38/sqft

For rent: Other

Other at 3 - 5220 DUNDAS STREET, Burlington (Orchard)
Property type
Commercial Retail
MLS®
MLS® W13720498
Neighbourhood
Orchard

Outstanding opportunity to lease a 1,448 sq. ft. ground-floor retail unit with prominent frontage and exceptional exposure along busy Dundas Street in Burlington. Situated within a newer six-storey mixed-use development featuring approximately 300 on-site residents. The unit benefits from a strong built-in customer base and steady surrounding traffic. Formerly operated as a restaurant, the premises offer an attractive existing buildout and an almost turnkey opportunity for a restaurant, café, bakery or takeout operator-significantly reducing upfront construction time and costs. Features include two well-finished washrooms, approximately 20-foot clear height, an efficient layout, and ample surface and underground parking for customers and staff. This is the only vacant commercial unit currently available within the complex, with all neighbouring units fully leased. Suitable for a variety of permitted retail and service-commercial uses and available for immediate occupancy. An exceptional opportunity to establish your business in one of Burlington's fastest-growing residential corridors.

Sold data

Homes in Burlington (Orchard) — recent sold market

Homes in Burlington (Orchard) took a median of 24 days to sell over the last 90 days, with the quickest quarter selling within 12 days and the slowest quarter taking more than 47, across 614 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 37 days.

The median sale price was $964,500.

Homes sold for about 2.7% below asking on average, so there was room to negotiate.

About 13% of sales closed above the list price.

Around 22% of sellers reduced their price before finding a buyer.

Median days to sell
24
Median sale price
$964,500
Sale-to-list ratio
97.3%
Sold above asking
13%

Based on 614 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Burlington (Orchard)

Burlington (Orchard) has 51 Fraser Institute–rated schools (43 elementary and 8 secondary), averaging 7.1/10.

Rated schools
51
Elementary
43
Secondary
8
Average rating
7.1 / 10

Top-rated schools in Burlington (Orchard)

  • Pauline Johnsonelementary, BurlingtonFraser rating 9.1/10
  • Pinelandelementary, BurlingtonFraser rating 8.8/10
  • Alton Villageelementary, BurlingtonFraser rating 8.6/10
  • St Timothyelementary, BurlingtonFraser rating 8.6/10
  • John T Tuckelementary, BurlingtonFraser rating 8.5/10
  • Canadian Martyrselementary, BurlingtonFraser rating 8.4/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 3 - 5220 DUNDAS STREET