53-55 - 5100 SOUTH SERVICE ROAD, Burlington (Industrial Burlington)
$899,999
For sale: Other
- Property type
- Office
- MLS®
- MLS® W13751462
- Neighbourhood
- Industrial Burlington
Exceptional opportunity to own a beautifully maintained double-unit office condo offering approximately 2,270 sq. ft. in a highly visible and sought-after QEW corridor. Unit 53, approximately 1,065 sq. ft., is leased at $1,750 per month plus TMI, providing immediate rental income, while Unit 55 will be delivered vacant on closing-ideal for operating your own business while benefiting from income from the adjoining unit. The property features very low maintenance fees, with water included, four designated parking stalls and abundant visitor parking. Bright, clean and professionally appointed, the space is suitable for professional offices, medical and healthcare uses, and religious institutions, along with many other permitted uses. Outstanding QEW exposure, excellent accessibility and the perfect combination of income and vacant space make this a truly unique owner user or investment opportunity.
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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 37 days.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
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