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450 Bowes RD Vaughan, ON L4K 1K3
78,379 SqFt
UPDATED:
02/19/2025 02:55 PM
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 78,379 sqft
Price per Sqft $574
Subdivision Concord
MLS Listing ID N11978154
Annual Tax Amount $140,065
Tax Year 2024
Property Sub-Type Industrial
Property Description
The Property comprises two multitenant industrial buildings totaling 78,379 sf on 8.7 acre parcel of land, including 3.4 acres of leased Industrial Outdoor Storage land. Located in central Vaughan's sought-after industrial node near Highways 7, 400, 407, and Vaughan Metropolitan Centre, providing connectivity to amenities, transit, and labor pool, including the Smart VMC 100-acre master planned community which is expected to house45,000 people. The building has clear heights ranging from 13-23 feet, with 8 truck-level doors, 18 drive-in doors, flexible commercial zoning. The Asset's are demised into 10 units ranging in size from (2,500-21,250 sf), fully leased to diverse mix of tenants, and a W.A.L.T. 3.2 Years, with in place rents averaging ~$21.67 psf. The Property has benefited from strong recent leasing activity due to it's superior quality, location, and unique outdoor storage offering, attracting an influx of tenants.
Location
Province ON
County York
Community Concord
Area York
Zoning EM2 (34)
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 368.95
Lot Depth 1079.9
Others
Security Features Yes
Listed by JONES LANG LASALLE REAL ESTATE SERVICES, INC.