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Investment signal

$998,000

21 - 4265 THOMAS ALTON BOULEVARD

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Beds

Baths

Sqft

Year

Type

Business

Suite

Investment signal

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Burlington (Alton). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Offered for sale is a rare opportunity to acquire both a thriving dry-cleaning business and its associated commercial property located at Unit 21 - 4265 Thomas Alton Boulevard in Burlington's sought-after Alton Village. This modern retail unit sits in a vibrant, high-traffic plaza surrounded by new residential developments, professional offices, and daily service businesses, ensuring a steady and growing customer base. The plaza offers excellent street visibility, ample parking, and easy access to major routes including Dundas Street, Appleby Line, and Highway 407. The property itself is part of a newer commercial complex with strong zoning (CN2-391) suitable for retail and service use, offering a clean, open interior layout with flexible configuration options. The business, Flair Cleaners - Burlington (Alton Village), is part of the respected Flair Cleaners network, known across the GTA for professional garment care, dry-cleaning, and convenient pick-up and delivery services. This location benefits from a loyal local clientele, consistent cash flow, and brand recognition built over years of quality service. With its ideal positioning in one of Burlington's fastest-growing family communities, the business enjoys steady walk-in traffic and repeat customers from the surrounding neighbourhoods. The area's ongoing residential expansion continues to drive demand for professional services like dry-cleaning, alterations, and delivery, making this a prime turnkey investment with immediate income potential and long-term upside. Combining real estate ownership and an established business operation, this offering is perfect for entrepreneurs or investors seeking a stable, scalable opportunity in a thriving and affluent Burlington corridor where commercial vacancies remain low and community growth remains strong. (id:65958)

Subtype
Business
Community
Alton
Living area
821 square feet
Lot dimensions
Unit=20 x 62 FT
On market
Mar 25, 2026
Status changed
Apr 23, 2026
Annual tax
$6,558
Zoning
CN2
Photos
32
MLS#
W12919212
Area
BURLINGTON_(ALTON)

Features and systems

Heating

Forced airElectric

Cooling

Fully air conditioned
Negative cash flow ~$1,080/mo at these assumptions

Cash on cash

-6.49%

Cap rate

3.57%

GRM

16.6

Break-even rent

$6,137

Financing

Down payment$199,600
Loan amount$798,400
Mortgage$4,045/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$457
Insurance$80
Maintenance$832
CapEx reserve$416
Vacancy loss$250

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

Estimated $4,045/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 23, 2026.

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