$2,100,000
For sale: Other

Prime opportunity to acquire a 2119 square foot industrial condominium in a high exposure commercial plaza on Steeles Avenue West. Currently operating as a restaurant and nightclub, this versatile unit features a fully equipped commercial kitchen, an upper-level mezzanine, and a flexible layout suitable for a variety of permitted commercial uses. The adjoining unit is currently connected through an opening in the shared demising wall, however, the wall can be reinstated prior to closing, restoring the unit to its original legal boundaries. Excellent location with strong exposure, ample plaza parking, and convenient access to major highways and public transit. An exceptional opportunity for investors and owner-operators alike.
Sold data
Homes in Vaughan (Steeles West Industrial) took a median of 26 days to sell over the last 90 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 50, across 686 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 57 days.
The median sale price was $1,126,450.
Homes sold for about 3.6% below asking on average, so there was room to negotiate.
About 17% of sales closed above the list price.
Around 18% of sellers reduced their price before finding a buyer.
Based on 686 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Vaughan (Steeles West Industrial) 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.
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