270 Pennsylvania Avenue Unit Unit 12 & 13, Vaughan

Price: $3,885,170

0 bedrooms, 0 bathrooms

7,262 sqft

Property Type: Commercial

MLS#: N12729534

Prime industrial units well-located East of Highway 400, South of Langstaff and North of Highway 7. Zoning allows for many permitted uses. Clean and functional space. 2nd floor office space. Good shipping, 1 truck-level and 1 drive-in door. Varying clear heights 17'6"-18'. Transit located at the corner of Pennsylvania Avenue and Edgeley Boulevard.

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$3,885,170 - 270 Pennsylvania Avenue Unit Unit 12 & 13, Vaughan

Commercial for Sale in Vaughan

66 days on market
0Beds
0Baths
7,262Sq Ft
Commercial
Property Details
MLS Number
N12729534
Property Type
Commercial
Status
active
Days on Site
66
Bedrooms
0
Bathrooms
0
Square Feet
7,262 sqft
Neighbourhood
Vaughan
Listing Brokerage
COLLIERS
Description

Prime industrial units well-located East of Highway 400, South of Langstaff and North of Highway 7. Zoning allows for many permitted uses. Clean and functional space. 2nd floor office space. Good shipping, 1 truck-level and 1 drive-in door. Varying clear heights 17'6"-18'. Transit located at the corner of Pennsylvania Avenue and Edgeley Boulevard.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$17,185.42/mo

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5-yr fixed avg.

Principal: $3,108,136Interest: $2,047,489
Mortgage Amount$3,108,136
Total Interest$2,047,489
Est. Property Tax$2,752/mo
Total Cost$5,155,625

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Vaughan

Discover Vaughan

Vaughan is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Vaughan

  • Convenient location in Vaughan
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Vaughan offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

270 Pennsylvania Avenue Unit Unit 12 & 13, Vaughan

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$5,131/mo
Range: $4,361 - $5,901
Cap Rate (ROI)
0.5%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$5,131
Maintenance Fees-$0
Property Tax (est.)-$2,752
Insurance (est.)-$809
Net Cash Flow+$1,570

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, RE/MAX Realty Specialists

Joe's Thoughts

Honest perspective from 25+ years of GTA real estate experience

Competitive Pricing

At $535/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Negotiation Opportunity

At 66 days on site, this property has exceeded the typical selling timeline for Vaughan. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

Larger Home Realities

At 7,262 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.

Investment Perspective

Looking at this as an investment: Vaughan properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $16,188 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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