$999,000 - 200 Edgeley Boulevard Unit 1, Vaughan
Commercial for Sale in Vaughan
34 days on marketNeighbourhood: Concord
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- MLS Number
- N13742618
- Property Type
- Commercial
- Status
- active
- Days on Site
- 34
- Bedrooms
- 0
- Bathrooms
- 2
- Square Feet
- 3,028 sqft
- Neighbourhood
- Vaughan
- Taxes (2026)
- $10,061
- Listing Brokerage
- HOMELIFE FRONTIER REALTY INC.
READY TO MOVE IN WITHOUT SPENDING A DIME!!! This is well-equipped industrial/commercial unit offers a turnkey solution for a variety of business uses. Total usefull area 3028 sq.ft consist 1,658 sq.ft industrial/open storage area - 720 sq.ft 3 - offices/reception + An APPROVED 650 sq ft mezzanine with kitchen, conferece room adds valuable functional space (can be used as storage too). Very convenient location with excellent access to Highways 407, 400, and 404. Features include a 200 BTU ceiling heater (replaced in 2026), office heating and air conditioning, plus additional mobile heaters for year-round comfort.The unit offers three offices with multiple workstations, conference areas, bookshelves, reception space, desks with power bars, and large TV stations for presentations. Two washrooms on site. Optimized office-to-shop floor ratio. Shop area includes adjustable racking, projectors, two ceiling cranes, garage door, and ground-level loading dock. Electrical setup features 100-amp, 600-volt power, additional 480-volt transformers, distributed wall outlets at various voltages, power panels, ample lighting, and two ceiling fans. Shop ventilation, ductwork, and exhaust fan in place. Water infrastructure includes internal and external branches, multiple sewer inlets, and dedicated wash/cleaning valve.Extras include toolbox with tools, engineering measurement equipment, gas line for water heating, full sprinkler coverage throughout, and security/alarm system. Exterior yard waste bin rental. Move-in ready and ideal for efficient operations. Please see attachement for full decription of chattels (Optional/Negotiable). 2,378 sq ft GFA + 650 Approved Mezzanine space = 3,028 total sq ft.
Estimate your monthly payments for this property
Estimated Payment
$5,125.39/mo
Includes CMHC insurance ($27,872)
5-yr fixed avg.
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.
Discover Concord
Concord 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 Concord
- •Convenient location in Vaughan
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
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
Concord 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.
200 Edgeley Boulevard Unit 1, Vaughan
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Key factors for evaluating this commercial property
Commercial Due Diligence Checklist
· Verify zoning and all permitted uses
· Review all existing leases (terms, renewals, net vs. gross)
· Request estoppel certificates from all tenants
· Order a Phase 1 Environmental Site Assessment
· Commission a property condition assessment
· Review operating costs (taxes, insurance, maintenance)
Commercial Financing Note
Commercial mortgages require 20–35% down, shorter amortization, and lenders underwrite based on the property's income. CMHC insurance is not available for commercial. Connect with a commercial mortgage broker early.
Commercial and land transactions are significantly more complex than residential. Joe recommends assembling a team — commercial real estate lawyer, accountant, and (for land) a land use planner — before making an offer.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Commercial Pricing Context
At $330/sqft, this is priced in the mid-range for GTA commercial space. Commercial values are highly location- and zoning-dependent, so comparable sales analysis is essential. I'll pull recent commercial comps for you.
Commercial Market Pace
Commercial real estate transactions typically take 60–120 days from offer to close — longer than residential — due to financing conditions, environmental reports, and tenant estoppel reviews. This 34-day listing is within normal commercial market exposure.
Zoning & Permitted Use — Verify First
I always confirm the zoning and permitted uses before a client gets too far into a commercial transaction. What a property is currently used for and what it's legally permitted for are sometimes different. If you plan to change the use, a zoning amendment or minor variance may be required — that's additional cost, time, and risk.
Tenancy & Income Review
If this property has existing tenants, I'd want to review all leases carefully: term lengths, renewal options, rent amounts, escalation clauses, and who's responsible for operating costs (gross lease vs. net lease). A strong long-term tenant is an asset; a lease expiring at closing is a different story. We'll request estoppel certificates from all tenants.
Environmental & Due Diligence
A Phase 1 Environmental Site Assessment is standard practice for commercial purchases in Ontario. If historical industrial use is flagged, you'll need a Phase 2. I also recommend a property condition assessment covering structure, roof, HVAC, and electrical — commercial systems are expensive to replace and often not disclosed in detail on the listing.
Commercial Financing Realities
Commercial mortgages work differently than residential. Expect 20–35% down, shorter amortization (15–25 years), and lenders who underwrite based on the property's income, not just your personal financials. CMHC insurance is generally not available for commercial, and rates are typically higher. I can connect you with commercial mortgage brokers who specialize in Vaughan transactions.