414 Plains Road E
414 Plains Road E
$3,250,000
$845/sq ft · 114 days on market
About This Listing
Prime Mixed-Use Property, Exceptional investment opportunity on Plains Road East in Burlington. This well-maintained mixed-use building features two ground-floor retail units (over 3,800 sq. ft.) and two renovated residential apartments above. Unit 1: 2 Bed / 2 Bath, Unit 2: 2 Bed / 1.5 Bath. Total area approx. 3,845 sq. ft. + 640 sq. ft. basement. Situated in a high-traffic, high-visibility corridor surrounded by dense residential and new mixed-use developments. Ideal for investors seeking stable income in a rapidly growing area. Features: 12 parking spaces. High-quality stucco exterior New roof (2019), New exterior staircase for residential units, Strong signage exposure. Convenient access to Highway 403, Highway 407, and the Queen Elizabeth Way. Close to GO Transit and serviced by Burlington Transit.
| Monthly Mortgage (P&I) | $14,160 |
| Property Tax (MLS) | $1,410 |
| Maintenance Fees | $0 |
| Total Monthly Cost | $15,570 |
Down payment: $650,000 (20.0%) · Mortgage: $2,600,000
Property tax uses MLS annual tax of $16,915/yr. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.
Property Details
Westwood Condos
Red Bricks Databy Alterra · 8 Fieldway Road
Maint. Fees
0.50
Parking
$16,500
Occupancy
2014
Listing provided by CENTRAL HOME REALTY INC.
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Data last updated: August 22, 2026 at 10:25 p.m.