4161 MORRIS DRIVE, Burlington (Industrial Burlington)

$1

For sale: Other

Other at 4161 MORRIS DRIVE, Burlington (Industrial Burlington)
Property type
Investment
MLS®
MLS® W13691668
Neighbourhood
Industrial Burlington

Well-positioned industrial property comprising two buildings on a 1.51-acre site, offering 25,426 sq.ft. of net rentable area fully leased to a diversified roster of 4 tenants. Property Highlights: Front Building: 10,400 sq.ft. divided into four (4) individual units (Units 1-4), each approximately 2,600 sq.ft. Rear Building: 15,026 sq.ft., occupied by a single larger industrial/warehouse tenant. This property offers a turnkey, income-producing industrial asset with built-in tenant diversification. The front building's smaller, subdivided units provide flexibility and reduced vacancy risk, while the rear building anchors the property with substantial rentable area under a single tenancy. The site's scale and configuration make it well suited to investors.

Sold data

Homes in Burlington (Industrial Burlington) — recent sold market

Homes in Burlington (Industrial Burlington) 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 37 days.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 (Industrial Burlington)

Burlington (Industrial Burlington) 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 (Industrial Burlington)

  • Pauline Johnson — elementary, BurlingtonFraser rating 9.1/10
  • Pineland — elementary, BurlingtonFraser rating 8.8/10
  • Alton Village — elementary, BurlingtonFraser rating 8.6/10
  • St Timothy — elementary, BurlingtonFraser rating 8.6/10
  • John T Tuck — elementary, BurlingtonFraser rating 8.5/10
  • Canadian Martyrs — elementary, BurlingtonFraser rating 8.4/10

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

Currently for sale

Homes for sale near 4161 MORRIS DRIVE