$299,000 - 2475 Appleby Line, Burlington
Commercial for Sale in Burlington
Neighbourhood: Orchard
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- MLS Number
- W13732142
- Property Type
- Commercial
- Status
- active
- Days on Site
- 20
- Bedrooms
- 0
- Bathrooms
- 2
- Square Feet
- 1,408 sqft
- Neighbourhood
- Burlington
- Listing Brokerage
- SUMMIT REALTY EXPERTS INC.
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Estimate your monthly payments for this property
Estimated Payment
$1,534.02/mo
Includes CMHC insurance ($8,342)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Historic Orchard Country
The Orchard neighbourhood in Burlington reflects the area's agricultural heritage with spacious lots, rolling terrain, and a semi-rural character. Located in the northern part of the city near the escarpment, the community offers larger properties that appeal to buyers seeking room and privacy. The neighbourhood retains a peaceful, country-like atmosphere while remaining within Burlington's urban boundary.
Why Live in Orchard
- •Spacious lots with a semi-rural character
- •Agricultural heritage and orchard landscapes
- •Proximity to Niagara Escarpment trails
- •Quiet, low-density residential environment
- •Larger homes with room for outdoor living
Nearby Schools
Transit & Commuting
- •Burlington Transit bus service
- •Highway 403 access
- •30-minute drive to Burlington GO Station
- •50-minute drive to Toronto Pearson Airport
Parks & Amenities
- •Orchard Community Park
- •Hiking trails and escarpment access
- •Local farmlands and orchards
- •Community sports facilities
- •Rural country roads for cycling
Lifestyle & Community
Orchard offers a countryside lifestyle within city limits, ideal for those who enjoy gardening, hiking, and the relaxed pace of semi-rural living. Residents value the privacy, space, and natural beauty that define this area.
2475 Appleby Line, Burlington
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Key factors for evaluating this commercial property
Commercial Due Diligence Checklist
· Verify zoning and all permitted uses
· Review all existing leases (terms, renewals, net vs. gross)
· Request estoppel certificates from all tenants
· Order a Phase 1 Environmental Site Assessment
· Commission a property condition assessment
· Review operating costs (taxes, insurance, maintenance)
Commercial Financing Note
Commercial mortgages require 20–35% down, shorter amortization, and lenders underwrite based on the property's income. CMHC insurance is not available for commercial. Connect with a commercial mortgage broker early.
Commercial and land transactions are significantly more complex than residential. Joe recommends assembling a team — commercial real estate lawyer, accountant, and (for land) a land use planner — before making an offer.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Commercial Pricing Context
At $212/sqft, this is priced in the mid-range for GTA commercial space. Commercial values are highly location- and zoning-dependent, so comparable sales analysis is essential. I'll pull recent commercial comps for you.
Commercial Market Pace
Commercial real estate transactions typically take 60–120 days from offer to close — longer than residential — due to financing conditions, environmental reports, and tenant estoppel reviews. This 20-day listing is within normal commercial market exposure.
Zoning & Permitted Use — Verify First
I always confirm the zoning and permitted uses before a client gets too far into a commercial transaction. What a property is currently used for and what it's legally permitted for are sometimes different. If you plan to change the use, a zoning amendment or minor variance may be required — that's additional cost, time, and risk.
Tenancy & Income Review
If this property has existing tenants, I'd want to review all leases carefully: term lengths, renewal options, rent amounts, escalation clauses, and who's responsible for operating costs (gross lease vs. net lease). A strong long-term tenant is an asset; a lease expiring at closing is a different story. We'll request estoppel certificates from all tenants.
Environmental & Due Diligence
A Phase 1 Environmental Site Assessment is standard practice for commercial purchases in Ontario. If historical industrial use is flagged, you'll need a Phase 2. I also recommend a property condition assessment covering structure, roof, HVAC, and electrical — commercial systems are expensive to replace and often not disclosed in detail on the listing.
Commercial Financing Realities
Commercial mortgages work differently than residential. Expect 20–35% down, shorter amortization (15–25 years), and lenders who underwrite based on the property's income, not just your personal financials. CMHC insurance is generally not available for commercial, and rates are typically higher. I can connect you with commercial mortgage brokers who specialize in Burlington transactions.