



1/544L - 4000 STEELES AVENUE W, Vaughan (Steeles West Industrial), ON L4L4V9
$16 per sq ft / yr
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Asset Class
Retail
Size
—
Building class
A
Zoning
CB1 — Low Intensity Business
$ / SF
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Occupancy
82%
Well located FIRST FLOOR space in the heart of Vaughan's business park. Close to the 400 and the 427 highways. Total of 1094 sq ft (971 of unit and 123 sq ft of porportionate building). 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 4 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, event space, social media studio. 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. Hours of operation are 7 am to 12 am all days of the week. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$0
Projected NOI
$1
Annual cash flow
$-0
Cash-on-cash
-1.39%
DSCR
0.92
Going-in cap
5.13%
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.
Trade area within 3 miles of the property.
Population
129,058
Households
57,904
Median income
$92,000
Median age
31
Daytime population
133,437
5-yr growth
5.9%
Modelled estimates for illustration until a licensed census data provider is connected.
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.