For Lease · Industrial

15 & 16 - 4300 STEELES AVENUE W, Vaughan (Steeles West Industrial)

15 & 16 - 4300 STEELES AVENUE W, Vaughan (Steeles West Industrial), ON L4L4C2

$16 per sq ft / yr

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Asset Class

Industrial

Size

—

Building class

B

Zoning

IB — Industrial Business

$ / SF

—

Occupancy

91%

Clear height

34 ft

Loading docks

8

About this property

Excellent opportunity to lease a spacious 3,160 sq. ft. double commercial unit in a convenient and well-connected location on Steeles Avenue West. Featuring two roll-up garage doors, this versatile space offers excellent functionality for a variety of permitted commercial uses, including warehousing, distribution, storage, and business operations requiring convenient loading and access. Ideally situated with easy access to major arterial roads, Highway 400 and Highway 407, providing excellent connectivity to surrounding business districts. An ideal opportunity for businesses looking to establish or expand their operations in a strategic Vaughan location. Don't miss out on this versatile commercial leasing opportunity! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$16
Down payment30% · $5
Interest rate6.25%
Amortization25 years
Occupancy91%
Expense growth2.5%

Monthly debt service

$0

Projected NOI

$1

Annual cash flow

$0

Cash-on-cash

0.49%

DSCR

1.03

Going-in cap

5.69%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

90,224

Households

38,937

Median income

$120,000

Median age

36.8

Daytime population

113,721

5-yr growth

2.5%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 15 & 16 - 4300 STEELES AVENUE W, Vaughan (Steeles West Industrial).

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.