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$3,520,000
Available - For Sale
Listing ID: N11993896
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
Price $3,520,000
Taxes: $18,089
Tax Type: Annual
Assessment Year: 2024
Occupancy by: Tenant
Address: 176 Creditstone Rd , Unit 10, Vaughan, L4K 4H7, Ontario
Apt/Unit: 10
Postal Code: L4K 4H7
Province/State: Ontario
Directions/Cross Streets: Highway 7 & Jane Street
Zoning: Industrial
Category: Industrial Condo
Building Percentage: N
Total Area: 6,561
Total Area Code:  Sq Ft
Office/Appartment Area: 12
Office/Appartment Area Code: %
Industrial Area: 88
Office/Appartment Area Code: %
Sprinklers: Y
Rail: N
Clear Height Feet: 16
Truck Level Shipping Doors #: 1
Double Man Shipping Doors #: 0
Drive-In Level Shipping Doors #: 0
Grade Level Shipping Doors #: 0
Heat Type: Gas Forced Air Open
Central Air Conditioning: Part
Water: Municipal
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
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Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES, LP

176 Creditstone Rd , Unit 10, Vaughan, L4K 4H7, Ontario


 
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At a Glance:
Type: Com - Industrial
Area: York
Municipality: Vaughan
Neighbourhood: Vaughan Corporate Centre
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Tax: $18,089
Maintenance Fee: $0
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