4042 Mainway Unit# 4 Burlington, Ontario L7M 4B9

$3,300,000

Maintenance,

$2,000 Yearly

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 (48H) 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 off approx. 1227 sq. ft. Building can be purchased with Tenant or vacant possession. Taxes are approximately $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 it is situated on. 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 just completed by Pinchin Environmental. (id:19593)

Property Details

MLS® Number	40818063
Property Type	Industrial
Amenities Near By	Public Transit
Community Features	High Traffic Area
Features	Visual Exposure, Paved Driveway

Building

Appliances	Dishwasher, Dryer, Stove, Washer, Hood Fan
Basement Type	None
Constructed Date	1992
Construction Material	Concrete Block, Concrete Walls
Exterior Finish	Concrete, Steel
Fire Protection	Security System
Foundation Type	Poured Concrete
Stories Total	2
Size Exterior	7931.0000
Size Interior	7,931 Ft2
Utility Water	Municipal Water

Land

Access Type	Highway Access
Acreage	No
Fence Type	Fenced Yard
Land Amenities	Public Transit
Sewer	Municipal Sewage System
Size Irregular	0.53
Size Total	0.53 Ac|1/2 - 1.99 Acres
Size Total Text	0.53 Ac|1/2 - 1.99 Acres
Zoning Description	Ge-2

Utilities

Electricity	Available
Natural Gas	Available

https://www.realtor.ca/real-estate/29713092/4042-mainway-unit-4-burlington