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Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Subdivision Shoreacres
MLS Listing ID W12661746
Annual Tax Amount $44,231
Tax Year 2025
Property Sub-Type Commercial Retail
Lot Depth 253.96
Lot Front 229.1
Property Description
Rare opportunity to acquire a fully leased neighbourhood retail plaza in a prime Burlington location. 495 Walkers Line is a single-storey commercial retail plaza totalling approximately 13,304 sq. ft. situated on a 54,734 sq. ft. site with 229 feet of frontage along Walkers Line, a busy arterial corridor just north of New Street. The property is improved with 10 units occupied by a strong mix of service-oriented and daily-needs tenants, including Pharmasave, Domino's Pizza, medical and professional uses, personal services, and food operators, providing stable and diversified income. The plaza is 100% leased with tenants on net leases, offering predictable cash flow and limited landlord responsibilities. Zoned CN1 (Neighbourhood Commercial), permitting a wide range of commercial uses. The building is well maintained, constructed circa 1982, and benefits from ample surface parking, individual HVAC systems per unit, and full municipal services.Located in an established residential neighbourhood surrounded by dense housing, national retailers, and strong demographics, the property offers long-term income stability with upside through lease renewals and rental growth. Excellent visibility, strong tenancy, and institutional-quality fundamentals make this an ideal acquisition for private investors or commercial portfolios.
Location
Province ON
County Halton
Area Halton
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 229.1
Lot Depth 253.96
Others
Security Features Yes
ParcelsYN No
Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.
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