1/544L - 4000 STEELES AVENUE W, Vaughan (Steeles West Industrial)
44L - 4000 STEELES AVENUE W, Vaughan (Steeles West Industrial), ON L4L4V9
$12.5 per sq ft / yr
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Asset Class
Retail
Size
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Building class
B
Zoning
CB1 — Low Intensity Business
$ / SF
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Occupancy
86%
About this property
Well located FIRST FLOOR space in the heart of Vaughan's business park. Close to the 400 and the 427 highways. Total of 1081 sq ft. All parking at the building are common and there is ample parking at front and rear. Operating expenses includes taxes, maintenance, insurance, heat, AC, hydro. Owner is looking for a long term tenant for a minimum of 5 years. Current use of unit was an event space. Located near many prominent businesses and public transit. Possession available for Nov 1. This is perfect for anyone business looking for small office space. Many professional businesses work out of this building. It is cleaned and maintained daily. All offers to have a $1 increase per year. First and last with one month security deposit required. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$0
Projected NOI
$1
Annual cash flow
$0
Cash-on-cash
4.46%
DSCR
1.24
Going-in cap
6.88%
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
48,274
Households
16,701
Median income
$137,500
Median age
38.6
Daytime population
55,613
5-yr growth
6%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 44L - 4000 STEELES AVENUE W, Vaughan (Steeles West Industrial).
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.