Rare user/investor opportunity to purchase an industrial condominium unit in a prime Vaughan location with quick access to Highway 400 and 407, public transit, and local amenities. The property is 6,561sf with 16' clear height, 1 truck-level doors that can accommodate 53' trailers and mezzanine space (not included in total area). The property is currently tenanted until Jan 23, 2028 with no options to renew. Tenant is paying $159,135 net per annum with 3% yearly escalation. Strong investment return with the option in 3 years to take possession for an owner user
MLS# | N11993896 |
---|---|
Listing Type | For Sale |
Sub-Type | Resale |
Status | New |
Days On Site | 17 |
Listing Provided By | AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES, LP | N11993896 003201 |
SQ Feet | 6,561 |
---|---|
Acreage | 0.15 |
Province | ON |
---|---|
Region | York |
City | Concord |
Postal Code | L4K |
Area | Vaughan Corporate Centre |
Listing VS Median (In L4K) | |
Price: $3,520,000 low | high Med: $134,900 SqFt: 6,561 low | high Med: 440 $ / SqFt: $537 low | high Med: $307 On site: 17 low | high Med: 18.000000 |