116 Rayette Road

ActiveVaughan · Concord38 days on marketMLS® N13733544
$17,800,000
$444 / sq ft
Bedrooms0
Bathrooms6
Interior40,056 sq ft
TypeCommercial
ListingFor Sale
Days on Market38

About this property

Excellent investment opportunity to acquire a sought-after freestanding M1-zoned industrial building in Vaughan. Situated on a substantial lot with approximately 201.43 ft. of frontage and 433.11 ft. of depth, the property offers 40,056 sq. ft. of total floor area, including approximately 34,500 sq. ft. of industrial space, 5,000 sq. ft. of office space, and an additional 1,000 sq. ft. basement area plus approximately 1000 sq.ft mezzanine. The warehouse features clear heights ranging from approximately 18 to 22 ft., including a portion with 20 ft. clear height. Shipping capabilities include seven truck-level doors and three drive-in doors. Additional features include 9 front entrances, 9 separate water and hydro meters, rear garage/loading doors, five separate office entrances, six washrooms, a change room, sprinklers, gas-forced-air heating, and more than 60 on-site parking spaces. Heavy electrical power includes 1,600 amps, 208 volts, three-phase, four-wire service. An Electrical Safety Authority Certificate of Inspection is available. The building's configuration offers the potential to divide the property into as many as 11 separate units, each with a front entrance and rear garage/loading door, subject to municipal approvals. Ideally suited to service, warehousing, manufacturing, and distribution businesses. The property is currently tenanted at a net rental rate of $18.00 per sq. ft., plus $4.50 per sq. ft. TMI. The tenancy expires March 1, 2028, presenting an attractive opportunity for investors or future owner-users. Conveniently located with quick access to Highways 7, 27, 407, and 427, and approximately 20 minutes from Toronto Pearson International Airport. The Roof has been replaced 10 years ago.

Features & finishes

View
Air Conditioning
Basement

Property details

MLS® NumberN13733544
StatusActive
Listing TypeFor Sale
Property TypeCommercial
Interior Size40,056 sq ft
Beds / Baths0 bed · 6 bath
Property Taxes (2026)$77,085
NeighbourhoodConcord
CityVaughan
Postal CodeL4K 2G3
ProvinceON
Listed DateSeptember 1, 2026
Days on Market38
Price per Sq Ft$444
BrokerageMOVE UP REALTY INC.

Location

Similar Properties Nearby

Photo of 9075 Jane Street Unit 706Just Listed
$525,000
9075 Jane Street Unit 706
Vaughan · 1 bed · 2 bath · Condo
Photo of 9075 Jane Street Unit 1407Just Listed
$520,000
9075 Jane Street Unit 1407
Vaughan · 1 bed · 2 bath · Condo

Sold Properties Nearby

Sign in to reveal recent sold prices in this area.

Virtual tour

Listed by MOVE UP REALTY INC.