$3,650,000
Vaughan
66 Centre Street, Vaughan (Uplands), Ontario, L4J1E9
This office property in Vaughan is for sale offering roughly 4,456 sq ft of space. It has been on the market 21 days, fresher than the Vaughan average of 72 days.
Please Read the Broker Remark. LOCATION, LOCATION. A truly rare offering in the heart of a high-demand commercial corridor. This standout property is prominently located on a main street with outstanding visibility and constant high-traffic exposure, making it ideal for professional and medical users seeking long-term value and presence. Surrounded by some of the area's most established medical and professional practices, the property benefits from a strong professional ecosystem and consistent demand. One of the largest lots in the area, backing onto a park and close to a golf course, it offers a unique combination of size, privacy, and prestige that is extremely hard to replicate. The building features a large, versatile square footage and can be easily adapted into premium professional or medical offices. The property is fully zoning-compliant for a wide range of commercial uses, including but not limited to: Medical/Clinic, Dental Office, Law Office, Accounting Office, Professional Office, Retail Store, Pharmacy, Laboratory, and other permitted commercial uses. A major highlight is the 16 on-site parking spaces, including designated accessibility parking-an extremely rare and valuable feature in this location. The property also generates strong annual rental income, making it attractive for both owner-users and investors. Significant capital improvements have already been completed, including a new roof with an approximately 50-year warranty, approved electrical, and a new furnace, offering peace of mind and reduced future capital expenditures. This is a prime opportunity to secure a landmark property with exceptional exposure, strong income potential, flexible use, and long-term upside in one of the area's most sought-after commercial locations. (id:66096)
Features and services as supplied by the listing brokerage.
Active: 21 days on market, against an average age of 72 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 office in Vaughan (Uplands) has been listed for 21 days, which is 51 days fresher than the city average of 72. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $3,650,000, about 31.7× the local median household income of $115,000.
Carrying it typically needs a household income of about $712,973 (20% down, 25-yr amortization, stress-tested) — roughly 520% above the area median.
Source: Statistics Canada, 2021 Census (FSA L4J)
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