Description

The JLL Private Capital Group (“JLL”) and Forest Hill Real Estate Inc. (collectively, the “Advisors”) are pleased to offer for sale a 100% freehold interest in 2007-2061 Mount Forest Drive, and 2065 Meadowbrook Road, known as Mount Royal Plaza (the “Property” or the “Site). The Property comprises 47,464 square feet (“SF”) of retail space situated on 4.4 acres (“AC”) at the northwest corner of Brant Street and Mount Forest Drive in Burlington, Ontario.

The Property is fully occupied by a diverse mix of 24 longstanding tenants and offers 230 surface parking stalls, providing stable in‑place cash flow. With immediate access to Highways 403, 407, and the QEW, the plaza is ideally situated in a high-traffic, transit‑oriented corridor that supports robust tenant demand. Additionally, the Site offers substantial redevelopment potential, with 4.4 acres suitable for future low to medium density projects.

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Caractéristiques de l'actif

Surface de l'actif Net

4 410 m²

Occupation

100 %

Année de construction

1959

Taille du terrain Brut

1,78 hectare

Locataires

Places de parking

230

Zone d'activité

CN1 (Neighbourhood Commercial), R2.3 (Suburban Residential)

Média

Points clés d'investissement

100% occupancy with 24 diverse tenants, stable cash flow secured by long-term leases
47,464 SF retail space on 4.4 acres, strategically located, maximizing visibility
Below market rents in a prime growth area, commercial-residential corridor
Immediate access to Highways 403, 407, and QEW for seamless connectivity
4.4-acre redevelopment potential for 117 townhomes, mixed-use intensification
Supportive local planning policy enhances site suitability for residential projects