All photos · 3

Vaughan Corporate Centre

176 Creditstone Road 10, Vaughan, ON L4K 4H7

$3,280,000

Beds

n/a

Baths

n/a

Type

Commercial

About this home

Rare user/investor opportunity to purchase an industrial condominium unit in a prime Vaughan location with quick access toHighway 400 and 407, public transit, and local amenities. The property is 6,561sf with 16' clear height, 1 truck-level doors that canaccommodate 53' trailers and mezzanine space (not included in total area). The property is currently tenanted until Jan 23, 2028 with nooptions to renew. Tenant is paying $159,135 net per annum with 3% yearly escalation. Strong investment return with the option in 3 years totake possession for an owner user

Heating

  • · Gas Forced Air Open

Cooling

  • · Partial

What it could cost monthly

Estimated monthly

$15,020

Principal & interest, per month


Mortgage amount
$2,624,000
Down payment
$656,000
Total interest paid
$1,882,094

Indicative only. Final terms depend on your lender, credit profile, and CMHC insurance if your down payment is under 20%.

A note from your agent

Alfred Martinelli

Broker

416-839-3599

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Listing brokerage

AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES, LP

Each office independently owned and operated.