29 PLAZA Drive
702 - Iroquois / South Dundas, ON K0E 1K0
About This Property
2,700 sq. ft. income-generating retail property offers a rare ownership structure: freehold property (NO CONDO FEES), despite being situated within an established plaza. The space features high ceilings and commercial lighting throughout, with rear access for deliveries and ample customer parking. Recent updates include a new roof (2025), A/C (2022) and furnace (2022). Occupied by an established tenant under a lease running through December 2029. Tenant is responsible for all utilities and pays $19,200 per year in rent. Located in a busy retail plaza anchored by Foodland and PharmaChoice. The plaza is 2km from Highway 401 and positioned between Toronto, Montreal, and Ottawa. Only 20 minutes to New York State border crossing. Merkley Oaks new homes have already been built across the street, with plans for a total of 313 residential units.
Property Details
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Features & Amenities
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® X13534500
Listed by ROYAL LEPAGE CERTIFIED REALTY
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Mortgage Estimate
Est. Monthly Payment
$1,387
/month · $227,200 mortgage
Amortization
Total Interest
$188,843
Total Cost
$416,043
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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ROYAL LEPAGE CERTIFIED REALTY