$497,777
For sale: Other

PRIME YONGE STREET COMMERCIAL OFFICE FOR SALE UNDER $500K! Excellent opportunity to own a commercial office condominium at Yonge & Clark in Thornhill. Approx. 940 SF Gross / 747 SF usable, with a highly functional square layout and convenient access to Yonge Street, public transit and area amenities. Located near the planned Yonge North Subway Extension, offering potential long-term connectivity and investment benefits. Well suited for a variety of professional and business uses, subject to applicable zoning and approvals. The premises have operated for approximately 19 years as a jewelry wholesale business and feature two furnished private offices, a spacious main presentation/work area and one exclusive-use underground parking space. Existing security features include an electric controlled-entry "Man Trap" system, reinforced steel doors, built-in wall safes and a dedicated safe room with reinforced ceiling/exterior wall. An excellent opportunity for an owner-user, investor or business requiring enhanced on-site security. PLEASE NOTE: Premises require minor work, including drywall touch-ups and painting. The unit and all included chattels, furniture and security equipment are being offered strictly on an"AS-IS, WHERE-IS" basis, unless otherwise agreed to in writing. Buyer to satisfy itself regarding permitted use, measurements and suitability of the premises for its intended use.
Sold data
Homes in Vaughan (Crestwood-Springfarm-Yorkhill) took a median of 27 days to sell over the last 90 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 51, across 713 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 54 days.
The median sale price was $1,099,000.
Homes sold for about 3.5% below asking on average, so there was room to negotiate.
About 16% of sales closed above the list price.
Around 17% of sellers reduced their price before finding a buyer.
Based on 713 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Vaughan (Crestwood-Springfarm-Yorkhill) 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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