+ 24 photos
116 Rayette Road, Vaughan, ON L4K 2G3
Vaughan · Concord
For Sale · Industrial
116 Rayette Road, Vaughan, ON L4K 2G3
Vaughan · Concord
2 weeks ago
$17,800,000
▶ Virtual Tour
—
Beds
6
Baths
60
Parking
40056 sq ft
Sq ft
—
Built
About this home
- M1-zoned industrial building in Vaughan with approximately 40,056 sq. ft. of total floor area: 34,500 sq. ft. industrial space, 5,000 sq. ft. office space, and 1,000 sq. ft. basement.
- Lot dimensions approximately 201.43 ft. frontage by 433.11 ft. depth.
- Clear heights ranging from 18 to 22 ft.; seven truck-level doors and three drive-in doors for shipping.
- 6 washrooms, change room, sprinklers, gas-forced-air heating, and 60+ on-site parking spaces.
- Heavy electrical service: 1,600 amps, 208 volts, three-phase, four-wire; Electrical Safety Authority Certificate of Inspection available.
- Currently tenanted at $18.00 per sq. ft. plus $4.50 per sq. ft. TMI; lease expires March 1, 2028.
- Can potentially be divided into up to 11 separate units, each with front entrance and rear garage/loading door, subject to municipal approval.
Key points are generated by Renavu from the listing description — not from, provided by, or endorsed by TRREB or PropTx.
Property details
Property tax
$77,084.73 (2026)
Lot
201.43 × 433.09 Feet
Heating
Gas Forced Air Closed
Cooling
Yes
MLS®
N13733544
Full details
Parking
GarageNone
Driveway60
Total parking60
Property & sold history
Listing history
| Date Start | Date End | Price | Status | Listing ID |
|---|---|---|---|---|
| 2026-09-01 | — | $17,800,000 | For Sale | N13733544 |
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True cost to close
What you actually need in cash — land transfer tax, closing costs, and your down payment.
Purchase price
$
Down payment · 20.0%
$
Down:or type any amount above
Homes over $1.5M require a minimum 20% down payment.
Legal fees
$
Title insurance
$
Home inspection
$
Ontario land transfer tax$431,475
Legal · title · inspection$2,800
Closing costs$434,275
Down payment$3,560,000
Total cash to close$3,994,275
Estimates only, not legal or tax advice. Ontario LTT rates 2025; City of Toronto MLTT applies inside Toronto (incl. Scarborough, North York, Etobicoke, York, East York). Durham and Markham buyers pay no municipal LTT.
