Description

Welcome to the Shops of Centro Square. Amazing opportunity to own and operate your own business within the heart of Vaughan. No build out period or permit applications required. Finished open concept space, including bathroom and plenty of free parking with direct access into the shops. Unit has north facing exposure exterior windows with opportunity for exterior signage. This is a multi-use complex with retail shops, restaurants, food court, office tower and 2 high-rise residential buildings. (id:66096)

Property Details

MLS®: N14112686
Property Type: Retail
Business Type: Service
Zoning: Commerical
Interior Size: 891 ft²
Heating: Forced air
Cooling: Fully air conditioned
Property Tax: $6,638/yr
Listed: 12 days ago

Features

Lot Features: Elevator

Services

Water: Municipal water
Sewer: Storm sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

12d

Vaughan (Vaughan Corporate Centre) listings, avg age

74d

Price / ft²

$516

List price

$460K

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.

Haho

This retail in Vaughan (Vaughan Corporate Centre) has been listed for 12 days, which is 62 days fresher than the city average of 74. Act while there is still low competition.

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Area context

Neighbourhood profile (L4L)

This home lists at $459,900, about 4.2× the local median household income of $110,000.

Carrying it typically needs a household income of about $89,835 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $110,000
Population: 55,426
Median age: 48
Owner / renter: 85% / 15%
Avg. household size: 2.8

Source: Statistics Canada, 2021 Census (FSA L4L)

$459,900· $516/ft²

For sale

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Financing

Need a commercial mortgage?

Commercial lenders price on income, tenancy, and zoning rather than posted rates. Our partner mortgage brokers at iShopRates structure the file and shop lenders for you.

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#227 7777 Weston Road, Vaughan (Vaughan Corporate Centre) - Retail for Sale