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176 Creditstone Rd
Vaughan, ON L4K 4H7 Richmond Hill/Vaughan/King

$2,462,055 USD

Flex Condo For Sale  •  6,561 SF

Property Details

  • Property Type Flex
  • Total Building Size 34,354 SF
  • Lot Size 2.09 AC
  • Building Class C
  • Year Built 1989
  • Tenancy Multiple
  • Zoning M2
71 Transit Score
43 Walk Score

1 Unit Available

Name Condo Use Size Price Details
2nd Floor - Unit 10 Industrial 6,561 SF $2,462,055 USD
  • Unit Size: 6,561 SF
  • Condo Use: Industrial
  • Price: $2,462,055 USD
  • Sale Type: Investment
  • Price/SF: $375.26 USD
Description
The property is 6,561sf with 16' clear height, 1 truck-level doors that can accommodate 53' trailers and mezzanine space (not included in total area). The property is currently tenanted until Jan 23, 2028 with no options to renew.

Sale Notes
enant is paying $159,135 net per annum with 3% yearly escalation.

Description 

Rare user/investor opportunity to purchase an industrial condominium unit in a prime Vaughan location with quick access to Highway 400 and 407, public transit, and local amenities. The property is 6,561sf with 16' clear height, 1 truck-level doors that can accommodate 53' trailers and mezzanine space (not included in total area). The property is currently tenanted until Jan 23, 2028 with no options to renew. Tenant is paying $159,135 net per annum with 3% yearly escalation. Strong investment return with the option in 3 years to take possession for an owner user

Highlights

prime Vaughan location
with quick access to Highway 400 and 407
nearby public transit, and local amenities.

Amenities

  • Signage

Public Transportation

Commuter RailDriveWalkDistance
Rutherford Go Station Rail (Barrie Train - GO Transit) 11 min - 5.0 mi
Downsview Park Go (Barrie - GO Transit) 15 min - 5.8 mi
Transit/SubwayDriveWalkDistance
Vaughan Metropolitan Centre Station - Northbound Platform (LINE 1 (YONGE-UNIVERSITY) - TTC) 3 min 12 min 0.7 mi
AirportDriveWalkDistance
Toronto Pearson International 32 min - 17.1 mi
Billy Bishop Toronto City Airport 37 min - 17.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 50
Type: Surface
Included in Rent: Yes
Mark Stainer 905-474-1155 Avison Young
Mark Stainer 905-474-1155 Avison Young