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Toronto-area retail plaza sells for $10.3 million

Private buyer acquires fully leased Burlington, Ontario, property from New Horizon Development Group
Mountain Grove Plaza sits at the corner of Mountain Grove Avenue and Guelph Line in Burlington, Ontario. (CoStar)
Mountain Grove Plaza sits at the corner of Mountain Grove Avenue and Guelph Line in Burlington, Ontario. (CoStar)
By Neri Stephenson with
April 9, 2026 | 5:38 P.M.

A private individual investor acting as Henry & Vivian Investment Inc., acquired Mountain Grove Plaza, a small storefront retail centre in Burlington, Ontario, from New Horizon Development Group for $10,275,000, or $462 per square foot.

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News | Toronto-area retail plaza sells for $10.3 million