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116 RAYETTE ROAD, Vaughan (Concord)
2026-09-02
Quick Summary
MLS®#N13733544
Property Description
Excellent investment opportunity to acquire a sought-after freestanding M1-zoned industrial building in Vaughan. Situated on a substantial lot with approximately 201.43 ft. of frontage and 433.11 ft. of depth, the property offers 40,056 sq. ft. of total floor area, including approximately 34,500 sq. ft. of industrial space, 5,000 sq. ft. of office space, and an additional 1,000 sq. ft. basement area plus approximately 1000 sq.ft mezzanine. The warehouse features clear heights ranging from approximately 18 to 22 ft., including a portion with 20 ft. clear height. Shipping capabilities include seven truck-level doors and three drive-in doors. Additional features include 9 front entrances, 9 separate water and hydro meters, rear garage/loading doors, five separate office entrances, six washrooms, a change room, sprinklers, gas-forced-air heating, and more than 60 on-site parking spaces. Heavy electrical power includes 1,600 amps, 208 volts, three-phase, four-wire service. An Electrical Safety Authority Certificate of Inspection is available. The building's configuration offers the potential to divide the property into as many as 11 separate units, each with a front entrance and rear garage/loading door, subject to municipal approvals. Ideally suited to service, warehousing, manufacturing, and distribution businesses. The property is currently tenanted at a net rental rate of $18.00 per sq. ft., plus $4.50 per sq. ft. TMI. The tenancy expires March 1, 2028, presenting an attractive opportunity for investors or future owner-users. Conveniently located with quick access to Highways 7, 27, 407, and 427, and approximately 20 minutes from Toronto Pearson International Airport. The Roof has been replaced 10 years ago. (id:32467)
Property Features
Building
- Cooling Type: Fully air conditioned
- Fireplace: No
- Interior Size: 40056 sqft
- Utility Water: Municipal water
Land
- Land Size: 201.43 x 433.09 FT
Zoning
- Description: M1
Information entered by MOVE UP REALTY INC.
Listing information last updated on: 2026-10-02 17:57:12
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How much could you save in commission selling with One Percent Realty?
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$500,000
Your One Percent Realty Commission savings†
$500,000
†
Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
5% + HST . Not all agents charge the same.
One Percent Realty's top FAQs
We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.
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