This industrial property in Vaughan is for sale offering roughly 1,600 sq ft of space. It has been on the market 55 days, fresher than the Vaughan average of 65 days.

Description

Position your business for success with this 1600 square foot industrial/office condominium. Excellent location with quick access to Hwys 407, 400 and 7. Full frontage on Spinnaker Way, the property benefits from excellent visibility and exposure. The unit features a reception area, two large private offices, two washrooms and an open warehouse with drive-in door. The unit is highly flexible, allowing for a reduction in office space, expansion of the warehouse area or the addition of a mezzanine. This is an ideal opportunity for owner-users looking to establish or grow their business in a well-connected location. (id:66096)

Property Details

MLS®: N13766606
Property Type: Industrial
Business Type: Industrial
Zoning: EM2
Parking: 2
Interior Size: 1,600 ft²
Heating: Forced air, Natural gas
Cooling: Partially air conditioned
Property Tax: $4,893/yr
Listed: 55 days ago

Features

Appliances: Alarm System, Water Heater

Services

Water: Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

55d

Vaughan (Concord) listings, avg age

65d

Price / ft²

$500

List price

$800K

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 industrial in Vaughan (Concord) has been listed for 55 days, which is 10 days fresher than the city average of 65. Act while there is still low competition.

Set a price alert Book a showing

Area context

Neighbourhood profile (L4K)

This home lists at $799,900, about 8.7× the local median household income of $92,000.

Carrying it typically needs a household income of about $156,248 (20% down, 25-yr amortization, stress-tested) — roughly 70% above 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)

$799,900· $500/ft²

For sale

Book a showing

Pick a time that suits you. A verified local agent confirms within 24h.

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.

Inquire about financing →

#7 201 Spinnaker Way, Vaughan (Concord) - Industrial for Sale