$7,898,000Asking Price
Exceptional investment and industrial opportunity on 1.88 acres of usable land, ideally located just minutes from Highway 400 with excellent accessibility. This versatile property features a fully tenanted bungalow offering three self-contained residential units, including a 3-bedroom main level and two basement apartments, each with a kitchen and bathroom, providing strong and consistent rental income. The property also includes an approximately 5,000 sq. ft. industrial shop with 22 ft clear height and oversized drive-in doors, capable of accommodating tractor trailers, dump trucks, and heavy equipment, and currently leased to a mechanic for additional income. Above the shop is a private office suite of approximately 1,000 sq. ft. with a separate entrance, complete with a boardroom, office space, and a 3-piece bathroom, ideal for business use or further rental potential. The expansive yard offers exceptional outdoor storage capacity with the ability to accommodate approximately 100 pieces of heavy equipment, making it ideal for contractors, logistics, or fleet-based operations. A rare opportunity combining residential income, industrial functionality, and long-term investment value in a highly accessible and in-demand location.
Exceptional investment and industrial opportunity on 1.88 acres of usable land, ideally located just minutes from Highway 400 with excellent accessibility. This versatile property features a fully tenanted bungalow offering three self-contained residential units, including a 3-bedroom main level and two basement apartments, each with a kitchen and bathroom, providing strong and consistent rental income. The property also includes an approximately 5,000 sq. ft. industrial shop with 22 ft clear height and oversized drive-in doors, capable of accommodating tractor trailers, dump trucks, and heavy equipment, and currently leased to a mechanic for additional income. Above the shop is a private office suite of approximately 1,000 sq. ft. with a separate entrance, complete with a boardroom, office space, and a 3-piece bathroom, ideal for business use or further rental potential. The expansive yard offers exceptional outdoor storage capacity with the ability to accommodate approximately 100 pieces of heavy equipment, making it ideal for contractors, logistics, or fleet-based operations. A rare opportunity combining residential income, industrial functionality, and long-term investment value in a highly accessible and in-demand location.
See More| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 4-Piece Bathroom on Main Floor | ||||
| 2 4-Piece Bathrooms | ||||
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Rural Vaughan, Vaughan is a north GTA neighbourhood notable for its executives, education, law & public sector professionals and salespeople. Residents tend to be older with a significant number of kids aged 5 to 14, youth aged 15 to 24 and adults aged 40 to 54.
Kids Per Family
1.6
kids per family
in the neighbourhood.
39%
of residents are
single and loving it.
39% singles
Vaughan (39%)
8%
of residents
are renters.
8% renters
Vaughan (11%)
41%
of residents are
university grads.
41% university grads
Vaughan (44%)Average Household Income
$216K
is the average household
income in the neighbourhood.
Professions
| Sales | 15% |
| Business | 12% |
| Management | 11% |
| Government | 8% |
| Trades | 7% |
42%
of residents were
born outside of Canada.
42% immigrants
Vaughan (48%)4.8% from Italy
All-time
1.5% from Iran
Recent
Foreign Languages
| Italian | 11% |
| Russian | 5% |
| Persian | 4% |
| Mandarin | 4% |
| Spanish | 3% |
Religions
| Christian | 79% |
| Hindu | 5% |
| Jewish | 3% |
| Muslim | 2% |
| Buddhist | 2% |