- Status:
- Active
- Prop. Type:
- Commercial
- MLS® Num:
- W12459824
- Bus Major:
- Apts - 13 To 20 Units
- Photos (21)
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ATTENTION FIRST TIME AND MOVE UP INVESTORS - A GREAT 18 SUITE APARTMENT BUILDING IN PRIME BURLINGTON. CONCRETE CONSTRUCTION WITH 15 LARGE TWO BEDROOM AND 3 ONE BEDROOM SUITES. 13 OF THE SUITES HAVE BEEN TOTALLY RENOVATED AND RENTED. ALL COMMON AREAS HAVE BEEN UPDATED AND RENOVATED. LARGE 0.8 ACRES SITE IS ONE ENTIRE BLOCK THAT BACKS ONTO OPEN RECREATIONAL SPACE. WELL SCREENED TENANTS - RENTS ARE 30% BELOW MARKET. EASY TO MANAGE THIS ASSET - LOW MAINTENANCE. 5 MINUTES TO THE GO STATION AND SHOPPING MALL. LOW RATE FINANCING IN PLACE.
- Property Type:
- Commercial
- Property Sub Type:
- Investment
- Freestanding:
- Yes
- Total Area:
- 14500 sq. ft. Square Feet
- Total Area:
- 14,500 sq. ft.
- Lot Depth:
- 110'7"
- Lot Frontage:
- 284'1"
- Lot Shape:
- Rectangular
- Bathrooms:
- 18.0
- Water supply:
- Municipal
- Zoning:
- RH1
- Heating type:
- Baseboard
- Garage:
- Outside/Surface
- Parking Spaces:
- 21
- HST Applicable To Sale Price:
- Not Subject to HST
- Assessment:
- $2,747,000
- Assessment Year:
- 2025
- Development Charges Paid:
- Unknown
- Type Taxes:
- Annual
- Taxes:
- $49,220 / 2025
- Assessment:
- $2,747,000.00 / 2025
- Halton
- Burlington
- Freeman
- Greenbelt/Conservation, Major Highway
- None
- Amperage:
- 600
- Utilities:
- Yes
- Energy Certification:
- No
- Green Property Information Statement:
- No
- Air Conditioning:
- No
- Seller Property Info Statement:
- No
- Physically Handicapped-Equipped:
- No
- Financial Statements:
- No
- Gross income:
- $389,510
- Net Income Before Debt:
- $281,365
- Expenses Actual/Estimated:
- Estimated
- Operating Expenses:
- $103,260
- Year Expenses:
- 2025
- Vacancy Allowance:
- 3885
- Business/Building Name:
- PARKLAND APARTMENTS
- Major Business Type:
- Apts - 13 To 20 Units
- Category:
- Apartment
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Listed by COMMERCIAL FOCUS REALTY INC.
Data was last updated October 19, 2025 at 08:15 PM (UTC)
- GRACE CABRAL
- REAL BROKER
- 1 (416) 2782809
- Contact by Email
Real Broker Ontario Ltd.
Location
130 King St. W., Unit 1800
Toronto, ON, M5X 1E3