For Sale

4430 HARVESTER Road, Burlington, Ontario L7L4X2

$3,500,000

4430 HARVESTER Road, Burlington, Ontario L7L4X2 is For Sale and has a listing price of 3,500,000. The property is located in the Employment neighbourhood. It's been on the website for 51 Days.

  • Retail
    Property Type
  • MLS ID: 40673403
  • Office Name Martel Commercial Realty Inc.
Property Description

GE1 Zoned 6000 sq. ft. building with two tenants with 3000 sq. ft. each. Tenant A Enterprise Car Rental paying $69,000.00 per year net till September 30,2027 with no further options to renew. Enterprise may do a early renewal if purchaser wants an extremely good Tenant otherwise vacant possession of the unit (Enterprise) would be October 1st 2027. Tenant B is paying $63,800/2025, $65,550/2026, $67,500.00/2027 net plus $5.00 T.M.I.. Tenant B has an option to renew for 1- 3 year term at negotiated rates. On a month to month bases Tenant A is paying $24,000 per year for 90% of the rear compound. Net income for 2024 is $156,800.00 (id:43137)

Property Details
  • MLS ID: 40673403
  • Price: $3,500,000
  • Transaction Types: For Sale
  • Ref ID: 27614924
  • Year Built: N/A
  • Property Type: Retail
  • Property Type: Commercial
  • Property Sub Category: Retail
Price History
List Date MLS ID List Price Status End Date Closed Price
11/04/2024 40673403 $3,500,000 For Sale - -
12/06/2023 XH4177457 $3,500,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Employment
  • $2,569,657 Average List Price
    based on 1 year
  • 18 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 1.85 % Up
  • Sold (12mo) 2
  • Rented (12mo) 0

  • 1 Month Change +1.5%
  • 3 Month Change -9.6%
  • 6 Month Change -59.1%
Walkscore
Property Type Distribution
  • All Houses
    0.19%
  • Commercial
    90.7%
  • Condo
    8.33%
  • Land for Sale
    0.78%
Additional Details
  • Sewers Municipal Sewage System
  • Basement2 None
  • Water Municipal Water
  • Property Features Rail
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 04/11/2024 00:00:00
  • Zoning Y
  • Agent Name: Scott Overell
  • Address Subdivision: 321 - Longmoor
  • Last Updated: 10/12/2024 20:16:35
Open House Dates
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