4042 Mainway #4, Burlington, ON L7M 4B9
4042 Mainway #4, Burlington, ON L7M 4B9
4042 Mainway #4, Burlington, ON L7M 4B9
4042 Mainway #4, Burlington, ON L7M 4B9
4042 Mainway #4, Burlington, ON L7M 4B9
4042 Mainway #4, Burlington, ON L7M 4B9
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Listed by Scott Overell • Martel Commercial Realty Inc.
$ 3,300,000
Est. payment | /mo

7,931 SqFt


$ 3,300,000
Est. payment | /mo

7,931 SqFt

Key Details

Property Type Commercial

Sub Type Building and Land

Listing Status Active

Purchase Type For Sale

Square Footage 7,931 sqft

Price per Sqft $416

MLS Listing ID 40818063

HOA Fees $2,000/ann

HOA Y/N Yes

Abv Grd Liv Area 7,931

Year Built 1992

Annual Tax Amount $20,668

Lot Size 0.530 Acres

Acres 0.53

Property Sub-Type Building and Land

Source Cornerstone

Property Description

EXTREMELY RARE standalone 7931 sq. ft. Industrial/Service Commercial GE-2 Zoned building. The building is sitting on a .53 acre parcel of land of which the owner has the exclusive use of. Given the building does NOT back onto residential the GE-2 Zoning permits many uses such as AUTOMOTIVE REPAIR. The condo fees are extremely reasonable as this property is basically set up as a freehold with the private road connecting the group of 5 buildings, and the landscape strip fronting Mainway being the majority of the common area. Basically the Building is 4955 square feet office/warehouse ground floor with a separate 2975 sq. ft. second floor office/storage/office. 18' clear ceiling height warehouse with DOCK loading (48"H) w/leveller together with a 14'H Drive in door and a 200 amp/600 volt 3 Phase hydro service. Presently the building is owner occupied except for a ground floor office area of 1227 sq. ft. Building can be purchased with or without Tenant. Taxes were $20,669.00 for 2025 or $2.61 per sq. ft. and the condo fee including the reserve payment is $11,481.00 per year or $1.45 per sq. ft. per annum. In addition to the monthly condo fee and yearly reserve fund payment the owner is responsible for maintenance, repair of the building and the .53 acre lot. Also Includes a gated yard for secure storage and or parking. Keep in mind all or part of the mezzanine can be removed to open up the warehouse for max floor space. For those who want to rent out as much sq. footage as possible this building or need a night time security apartment this building has it all. It's a beautiful owner user with rental income building as it is easily carved up into many different configurations. Phase 1 by Pinchin Environmental. Tenant ground floor offices paying $2,900.00 Gross per month until March31st 2027 with no option to renew. This lease can also be terminated with 90 days notice and or 90 days pre payment by the Landlord and the Tenant vacates in 30 days.

Location

Province ON

County Halton

Area 35 - Burlington

Zoning GE-2

Direction South side of Mainway East of Walkers Line, West of the Rail Crossing.

Rooms

Basement None

Kitchen 0

Interior

Fireplace No

Appliance Dishwasher, Dryer, Range Hood, Stove, Washer

Exterior

Exterior Feature Dock Height Loading, Dock Levellers, Grade Loading, Storage

Parking Features Asphalt, Guest

Fence Fenced

Utilities Available Electricity Connected, Natural Gas Connected

Garage No

Building

Lot Description Irregular Lot, High Traffic Area, Highway Access, Public Transit, Visual Exposure

Faces South side of Mainway East of Walkers Line, West of the Rail Crossing.

Story 2

Foundation Poured Concrete, Slab

Sewer Sewer (Municipal)

Water Municipal

Structure Type Block,Concrete,Steel Siding

New Construction No

Others

HOA Fee Include Snow Removal,Tmi (Common Road And Landscape Strip)

Senior Community No

Tax ID 255500004

Ownership Condominium

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Nearby Locations

GET MORE INFORMATION

Name

Name

Phone*

Phone

Message

Message
Janelle LeBlanc

+1(905) 320-4069

janelle@jlbco.ca

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4042 Mainway #4