450 Bowes RD Active Save Request In-Person Tour Request Virtual Tour
Vaughan,ON L4K 1K3
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 78,379 sqft
Price per Sqft $637
MLS Listing ID N9378011
Annual Tax Amount $140,064
Tax Year 2024
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 outdoor storage space. 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 house 45,000 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. 3.9 Years, with in-place rents averaging ~$21.55 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
Zoning EM2 (34)
Interior
Cooling Yes
Exterior
Garage Outside/Surface
Utilities Available Yes
Others
Security Features Yes