Homula Realty Brokerage
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4180 Morris Drive 11, Burlington, ON L7L 5L6

Office
$799,000

Opportunity to own a fully improved, turn-key office condominium in Burlington's established employment district. This approximately 1,521 SF unit offers a bright, professional layout featuring a reception area, large boardroom, two washrooms, modern kitchenette, integrated sound system and network cabling throughout. A mezzanine provides valuable additional storage. Four assigned parking spaces, access to common parking and an EV charger add everyday convenience. Ideally located just south of the QEW between Appleby Line and Walkers Line, with easy highway and public transit access. GE1 zoning. A well-finished, highly functional space for an owner-user seeking a polished business location and the long-term benefits of ownership.

MLS number
W13694208
Type
Office
Status
Active
Bedrooms
—
Bathrooms
2
Postal code
L7L 5L6
Photos
15
Property tax
$5,553 / year
25days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

No previous listings found for this address.

Where this property is

Where this address sits, matched against open government data.

Matched to a published address point for this address.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
Fairview Glen MontessoriElementary1.4 kmNot reported
Ashwood GlenElementary1.5 kmNot reported
Pauline Johnson Public School
Halton DSB
Elementary1.4 km8.2 / 10
82% met the standard
OakHaven AcademyElementary1.5 kmNot reported
Makwendam Public School
Halton DSB
Elementary2.0 km8.4 / 10
84% met the standard
Nelson High School
Halton DSB
Secondary1.8 km8.6 / 10
86% met the standard · 2 of 6 measures
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 1,172 people.

$118,000Median household income
81.7%Own their home
41.1%Detached houses
37.2Median age
23.6%Born outside Canada
36.5%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35240484 — the few blocks around this address, home to 1,172 people. It describes the area, not this property.

1,172Population
38.5Average age
2.5Household size
$134,500Average household income
$118,000Median household income
82%Own their home
18%Rent
25%Condominiums
24%Born outside Canada
37%University degree
$852,000Average home value
5%Low income
31%Not in the labour force
27%Never married
Under $5,0001%
$20,000 to $24,9991%
$25,000 to $29,9991%
$35,000 to $39,9991%
$45,000 to $49,9991%
$50,000 to $59,9994%
$60,000 to $69,9993%
$70,000 to $79,9994%
$80,000 to $89,9993%
$90,000 to $99,9994%
$100,000 and over39%
$100,000 to $124,99912%
$125,000 to $149,9997%
$150,000 to $199,99910%
$200,000 and over11%

Percentages are of the 775 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$159,800 · minimum here is $54,900
$3,537.80per month
Borrowed before insurance$639,200
Total borrowed$639,200
Interest over 25 years at 4.5%$422,140

If you rented it out

-$4,000.55per month out of pocket
Rent$0.00
Everything it costs to hold$4,000.55
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES. Listing data provided by the Toronto Regional Real Estate Board.