Unit 10 176 Creditstone Road Vaughan ON L4K 4H7
$ 3,520,000

Listing ID

#N11993896

Property Type

Industrial

County

York

Neighborhood

Vaughan Corporate Centre

Days on website

15

Description
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
Location
Financial Information
List Price:  $ 3520000
Taxes:  $ 18089
Property Features
Air Conditioning:  Partial
Garage Type:  Outside/Surface
Heat Type:  Gas Forced Air Open
Lease:  For Sale
Sprinklers:  Yes
Utilities:  Yes
Listed By:     AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES, LP