$5,800,000
For sale: Vacant Land

A rare opportunity to secure approximately one-acre of prestige employment land, offering an ideal blend of corporate profile, design flexibility and long-term value for an owner-user or design-build investor. Situated at the quiet end of Rainbow Creek Drive, the property enjoys excellent exposure within a newer employment area while benefiting from low traffic and a more private setting, well-suited to a head-office caliber facility, high-image showroom or flex office/industrial use. Designated EM1 / Prestige Employment, the lands support a broad range of industrial, office, technology, research, warehousing and related employment uses in enclosed buildings, allowing a future owner to customize improvements to their operational requirements within Vaughan's evolving Rainbow Creek employment node. Existing site dimensions and depth lend themselves to a striking two-story office/industrial building with strong street presence and generous surface parking, as illustrated in the included concept renderings that showcase the type of modern corporate campus that can be achieved on this site (concept only; not approved).
Sold data
Homes in Vaughan (West Woodbridge Industrial Area) took a median of 23 days to sell over the last 90 days, with the quickest quarter selling within 12 days and the slowest quarter taking more than 45, across 761 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 48 days.
The median sale price was $1,100,000.
Homes sold for about 3.4% below asking on average, so there was room to negotiate.
About 16% of sales closed above the list price.
Around 15% of sellers reduced their price before finding a buyer.
Based on 761 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Vaughan (West Woodbridge Industrial Area) has 91 Fraser Institute–rated schools (76 elementary and 15 secondary), averaging 7.1/10.
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale

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Other1* BURTONS LANE, West Woodbridge, Vaughan