$1,387,000 - 7250 Keele Street Unit A-Buzz Business, Vaughan
Commercial for Sale in Vaughan
82 days on marketNeighbourhood: Concord
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- MLS Number
- N13578768
- Property Type
- Commercial
- Status
- active
- Days on Site
- 82
- Bedrooms
- 0
- Bathrooms
- 0
- Square Feet
- 2,439 sqft
- Neighbourhood
- Vaughan
- Taxes (2025)
- $25,196
- Listing Brokerage
- ZOLO REALTY
Turnkey Executive Office Business with Real Property - Approx. 7.0% Proforma Cap Rate. Rare opportunity to acquire an established executive office business together with five legal commercial units (Units 277, 302, 303, 304 & 305), professionally combined into one impressive AAA-class corporate workspace.The premises feature 16 private executive offices and a spacious open-concept collaborative area, offering exceptional flexibility for long-term leasing, executive office rentals, short-term leasing, co-working, or subleasing to maximize income potential.Offered fully furnished and move-in ready, with high-speed fibre optic internet and abundant free on-site parking for owners, employees, clients, and visitors.An outstanding investment combining premium commercial real estate, flexible revenue opportunities. Simply take possession and start generating income immediately. A must-see to fully appreciate the quality and value.. All information provided is believed to be reliable but is not guaranteed and should be independently verified by the Buyer and the Buyer's advisors. Any financial information, income projections, operating expenses, cap rate calculations, rental assumptions, or potential uses are provided for illustrative purposes only and may vary based on actual performance, market conditions, business strategy, financing, and operating results. The Buyer is solely responsible for conducting their own due diligence, inspections, investigations, and obtaining independent legal, financial, accounting, tax, planning, and other professional advice before proceeding with any purchase. The Seller and Listing Brokerage make no representations or warranties, express or implied, regarding the accuracy or completeness of the information provided, or regarding future income, profitability, investment performance, or the suitability of the property for any particular use
Estimate your monthly payments for this property
Estimated Payment
$6,135.17/mo
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.
7250 Keele Street Unit A-Buzz Business, 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 $569/sqft, this is priced in the upper range for GTA commercial — typical for prime locations or newer buildings. Commercial values are highly location- and zoning-dependent, so comparable sales analysis is essential. I'll pull recent commercial comps for you.
Extended Exposure — Negotiating Room
At 82 days on market, this commercial property has had significant exposure. Commercial listings typically take longer to sell than residential, but this timeline may indicate pricing or tenancy issues worth exploring. A motivated seller often means better terms for a prepared buyer.
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.