$879,999
362 PLAINS Road E Unit# 32
Beds
—
Baths
—
Sqft
1,886
Year
—
Type
Other
Suite
Investment signal
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Burlington. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
Rare live/work investment opportunity in desirable Aldershot! Own both the ground-level 452 sq/ft commercial unit and the beautifully finished 2-storey residential space above, offering approximately 1,434 sq/ft of living space plus a private terrace. The upper level features 2 bedrooms, 2.5 bathrooms, bright open-concept living, and modern finishes throughout, while the commercial unit below is currently tenanted on a newly signed 3-year lease, providing immediate income potential. Complete with 2 parking spaces, this unique property is ideal for investors, entrepreneurs, and buyers seeking versatility in a prime Burlington location. (id:65958)
- Subtype
- Other
- Community
- 300 - Aldershot West
- Common interest
- Condo/Strata
- Living area
- 1,886 square feet
- Parking
- 2 total
- Condo/HOA fee
- $371.45 monthly
- Stories
- 3
- On market
- Apr 19, 2026
- Status changed
- Apr 26, 2026
- Annual tax
- $6,741.93
- Zoning
- MXG
- Photos
- 39
- MLS#
- 40822121
- Area
- BURLINGTON
Features and systems
Basement
Exterior
Foundation
Lot
Community
Fee includes
Cash on cash
-6.62%
Cap rate
3.54%
GRM
16.7
Break-even rent
$5,421
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 26, 2026.