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  • 4430 HARVESTER Road Burlington
  • 4430 HARVESTER Road Burlington

$3,500,000

ID# H4177457

4430 HARVESTER Road
Burlington, Ontario L7L4X2

GE1 Zoned 6000 sq. ft. building with two tenants. Tenant A Enterprise Car Rental paying $84,000.00 per year net till September 30,2027 with no further options to renew. Enterprise would like to do a early renewal if purchaser wants an extremely good Tenant otherwise owner occupied October 1st 2027. Tenant B is also 3000 sq. ft. paying $61,800/2024, $63,800/2025, $65,550/2026, $67,500.00/2027. They also have an option to renew for one three year term at negotiated rates. Neither Tenant has use of the rear yard. Total present net income for 2024 is $145,800.00. A purchaser could purchase this property now and have the income and build approximately another 6,000.00 square feet onto this building now or in the future for self use or additional income. Presently the rear yard does not have an income but can be easily leased out for additional income as well. Zoning is the best industrial zoned land allowing automotive sales and repair, manufacturing, service commercial uses. (id:57485)

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General Inquiry
Courtesy of Martel Commercial Realty Inc.

Listed on: December 06, 2023

On market: 276 days
Cooling Type Air Conditioned
Heating Type Forced air
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Heidi Brown

Sales Representative

Direct: 416-898-4565

Oakville Office:

RE/MAX Escarpment Realty Inc., Brokerage

1320 Cornwall Road

Oakville, ON, Canada L6J 0H7

Hamilton Office:

RE/MAX Escarpment Realty Inc., Brokerage

1595 Upper James Street, Suite 101 

Hamilton, ON, Canada L9B 0H7

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