5308 Highway 7, Vaughan | Image 1

5308 Highway 7

Vaughan, West Woodbridge

  • Commercial

$5,750,000
For Sale

Added 3 months ago

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  • Type: Commercial/Retail

  • Property Type: Commercial

  • Business Type: Retail Store Related

  • Zoning: Commercial

  • Age: 51-99 years

  • Taxes: 30000

  • MLS®#: N8393422

  • Days on Site: 92 Days

  • Added: May 31, 2024 (3 months ago)

  • Updated:

  • Last Checked: 55 minutes ago

  • Listed By: CAPITAL NORTH REALTY CORPORATION

This free standing strip plaza features 5 Retail stores and 10 Residential apartment. Each apartment has 2 floors. The estimated income is $331,000.00 with a net income estimated to be $231,000.00. The Tenants pay for water and electricity. The Landlord pays for heat (gas). The plaza is sold in the as is condition. All amounts herein are approximate. Buyer must do his own due diligence. Residential Tenants do not pay for water.

Extras

All chattels are included unless owned by the Tenants. Realty taxes are estimated to be verified.

Property

  • Status: Sale

  • Type: Retail Store Related

  • Property Type: Commercial/Retail

  • Property Type: Multi-Use

  • Age: 51-99

  • Area: Vaughan

  • Community: West Woodbridge

  • Availability Date: Immediate

Inside

  • Air Conditioning: N

Utilities

  • Utilities: Yes

Building

  • Basement: Y

  • Heat Type: Gas Forced Air Closd

  • Elevator: None

  • UFFI: No

  • Energy Certificate: N

  • Green Verification Status: N

  • Freestanding: Y

  • Outside Storage: N

  • Water Supply: Municipal

Parking

  • Garage Type: None

  • Covered Parking Spaces: 25

Fees

  • Tax Year: 2023

  • Tax Legal Description: Part of Lot 6 Concession 8 City of Vaughan, York

  • Taxes: $30,000

  • Taxes Type: Annual

Land

  • Cross Street: Kipling & Highway 7

  • Municipality District: Vaughan

  • Sewer: San+Storm

  • Lot Depth: 143 Feet

  • Lot Frontage: 106 Feet

  • Lot Irregularities: Slightly Irregular

  • Zoning: Commercial

Commercial Specific

  • Rail: N

  • Retail Area: 4590

  • Retail Area Metric: Sq Ft

  • Sprinklers: Y

  • Total Area: 13770

  • Total Area Metric: Sq Ft

  • Area Influence: Major Highway

  • Area Influence: Public Transit

  • Crane: N

  • Lot Code: Lot

  • Survey: N

  • Soil Test: N

Map of 5308 Highway 7, Vaughan
JK-8

St Peter Catholic Elementary School

Elementary: Catholic
0.56 km
JK-8

San Marco Catholic Elementary School

Elementary: Catholic
2.18 km
JK-8

St Clement Catholic Elementary School

Elementary: Catholic
1.05 km
JK-8

Pine Grove Public School

Elementary: Public
2.33 km
JK-8

Woodbridge Public School

Elementary: Public
0.37 km
JK-8

St Angela Catholic School

Elementary: Catholic
2.69 km
9-12

Woodbridge College

Secondary: Public
1.33 km
9-12

Holy Cross Catholic Academy High School

Secondary: Catholic
1.23 km
9-12

Father Henry Carr Catholic Secondary School

Secondary: Catholic
4.74 km
9-12

North Albion Collegiate Institute

Secondary: Public
3.67 km
9-12

Father Bressani Catholic High School

Secondary: Catholic
3.64 km
9-12

Emily Carr Secondary School

Secondary: Public
4.34 km