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  • For Sale
Neighbourhood Retail Plaza with Redevelopment Potential - #1
Neighbourhood Retail Plaza with Redevelopment Potential - #2
Neighbourhood Retail Plaza with Redevelopment Potential - #3
Neighbourhood Retail Plaza with Redevelopment Potential - #4
Neighbourhood Retail Plaza with Redevelopment Potential - #5
Colliers International has been exclusively retained to assist in the sale of a neighbourhood retail centre, Mount Royal Plaza, municipally known as 2007-2057 Mount Forest Drive and two residential lots at 2061 Mount Forest Drive & 2065 Meadowbrook Road in the City of Burlington (“Property”).

Mount Royal Plaza is very well positioned in a high traffic suburban node, with access to Highways 403, 407 and the QEW providing a link to every major market across the GTA and Greater Golden Horseshoe. The Property enjoys a captive market as the immediate neighbourhood is comprised of numerous residential subdivisions, recreation facilities, public parks, and established destination retail. A large site at 4.4 acres, the Property has fantastic potential for future mixed-use redevelopment in a GTA market that is starved for new supply amid ever-increasing population density.

This offering presents an excellent opportunity for investors or developers to acquire an asset with stable cashflow and income growth potential in the near term, with excellent density upside in the mid-long term.

Interested parties that have signed the Confidentiality Agreement will be given access to the data room with additional information on this offering.