$259,000 - 3061 Walkers Line Unit C-9, Burlington
Commercial for Sale in Burlington
181 days on marketNeighbourhood: Alton
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- MLS Number
- W12977934
- Property Type
- Commercial
- Status
- active
- Days on Site
- 181
- Bedrooms
- 0
- Bathrooms
- 1
- Square Feet
- N/A sqft
- Neighbourhood
- Burlington
- Listing Brokerage
- RE/MAX ULTIMATE REALTY INC.
La Diperie began in 2014 with a simple yet revolutionary idea-transforming classic soft-serve ice cream into an artful, indulgent experience. With its authentic, premium chocolate dips, endless toppings, and expanding menu that includes donuts, cookies, shakes, and more, it stands out in the dessert franchise market in Canada. La Diperie is more than just an ice cream shop. Customers can craft customized treats with premium chocolate dips and over 20 toppings, ensuring they always find something new and exciting. This location also features two additional product lines that drive sales, The Cheesecake Factory and Dippin' Dots! The brand is expanding across Canada, bringing its one-of-a-kind dessert concept to more communities. With an increasing demand for high-quality, customizable desserts, franchisees have a unique opportunity to enter a thriving market. Franchisees aren't alone. La Diperie is backed by MTY Group, providing extensive training, marketing support, and operational guidance. Many La Diperie franchisees have successfully expanded from one store to multiple locations, proving the strength of its franchise model. With low barriers to entry and simplified operations, it's an excellent opportunity for entrepreneurs. Join this growing and vibrant franchise with this North Burlington location in this highly visible Farm Boy & LCBO-anchored plaza at Hwy 5 & Walkers Line!
Estimate your monthly payments for this property
Estimated Payment
$1,328.80/mo
Includes CMHC insurance ($7,226)
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.
Discover Alton
Alton is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Alton
- •Convenient location in Burlington
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Alton offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
3061 Walkers Line Unit C-9, 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
Commercial property values in Burlington are driven by location, zoning, current tenancy, and income potential — not the same $/sqft benchmarks as residential. I'll run a proper comparable sales analysis using recent commercial transactions in this area.
Extended Exposure — Negotiating Room
At 181 days on market, this commercial property has had significant exposure. Commercial listings typically take longer to sell than residential, but this timeline may indicate pricing or tenancy issues worth exploring. A motivated seller often means better terms for a prepared buyer.
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.