$42/mo - 676 Appleby Line Blg D N/A Unit D-104, Burlington
Commercial for Rent in Burlington
Popular ListingNeighbourhood: Shoreacres
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- MLS Number
- W13759014
- Property Type
- Commercial
- Status
- active
- Days on Site
- 12
- Bedrooms
- 0
- Bathrooms
- 0
- Square Feet
- 676 sqft
- Neighbourhood
- Burlington
- Listing Brokerage
- CAPITAL NORTH REALTY CORPORATION
PRIME RETAIL OPPORTUNITY ON APPLEBY LINE! Approximately 686 sq. ft. of retail space prominently located at 676 Appleby Line, Building D, Unit 104, in Appleview Square. The unit offers excellent exposure facing Appleby Line, with storefront signage and access to a prominent pylon sign. Located in a busy, established plaza at the intersection of Fairview Street and Appleby Line, just south of the QEW, and surrounded by a highly dense residential population. Strong existing tenant mix includes McDonald's, Subway, CIBC, Service Canada and numerous other retail and service businesses. Plenty of on-site parking. Excellent accessibility and visibility with close proximity to the QEW and major Burlington arterial roads. Available for possession mid-January 2027. Asking $42.00 PSF Net + $11.62 PSF TMI. Permitted uses subject to existing plaza restrictions and Landlord approval. Measurements and permitted uses to be verified by Tenant and/or Tenant's representative.
Discover Shoreacres
Shoreacres 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 Shoreacres
- •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
Shoreacres 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.
676 Appleby Line Blg D N/A Unit D-104, 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.
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 12-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.