#69 3175 Rutherford Road, Vaughan (Vellore Village) - Business for Sale
#69 3175 Rutherford Road, Vaughan (Vellore Village), Ontario, L4K5Y6
This business in Vaughan is for sale offering roughly 1,168 sq ft of space. It has been on the market 29 days, fresher than the Vaughan average of 54 days.
Description
An exceptional opportunity to acquire a fully built-out, operational dental facility in the highly desirable Tuscany Place retail plaza, situated directly beside Vaughan Mills with immediate access to Highway 400 and regional transit. This 1,168 sq. ft. ground-floor unit features a contemporary, boutique design with open ceilings, dark tile, and glass-front treatment rooms. This dental office Configured with 2 fully plumbed and equipped operatories, with the potential to convert the existing management office into a 3rd treatment room. The space includes a sterilization room, supply closet, staff room, utility room, and a washroom with grab bars. Excellent current lease fixed at $5,200/month ($53.42 sq. ft.) base rent until September 30, 2029, with exceptionally low estimated additional rent (TMI) of approximately $300/month. The lease includes one further five-year renewal option extending to 2034. The Landlord intends to offer an additional two-year extension, extending the lease term to 2036, subject to mutual agreement on the terms. *Appraisal is available for the interested buyers after visiting the dental office and then signing the NDA. ** This transaction is an asset and leasehold improvement sale only. No patient base, patient records, or business goodwill are included. (44240829) (id:66096)
Property Details
- MLS®
- N13868846
- Property Type
- Business
- Zoning
- Dental
- Bathrooms
- 1
- Interior Size
- 1,168 ft²
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Property Tax
- $3.08/yr
- Listed
- 29 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Extended: 29 days on market, against an average age of 54 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 34 days on the market over the past year, against a median of 48 days across the markets we publish.
This business in Vaughan (Vellore Village) has been listed for 29 days, which is 25 days fresher than the city average of 54. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (L4K)
This home lists at $230,000, about 2.5× the local median household income of $92,000.
Carrying it typically needs a household income of about $44,927 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $92,000
- Population
- 20,172
- Median age
- 37.6
- Owner / renter
- 68% / 32%
- Avg. household size
- 2.6
Source: Statistics Canada, 2021 Census (FSA L4K)
Book a showing
Pick a time that suits you. A verified local agent confirms within 24h.
Buying this business?
Acquisition financing works differently from a property mortgage. Tell our partner brokers at iShopRates what you are buying and they will come back with options.
Ask about acquisition financing →
$230,000
Vaughan