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For saleMLS® N13632166

4040 Steeles Avenue W 21, Vaughan, ON L4L 4Y5

Steeles West Industrial · L4L 4Y5

$2,100,000

$991 / sq ft

3 months on market

Total area
2,119 sf
0

What's special

  • Plaza garage
  • Yes

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About this property

Prime opportunity to acquire a 2119 square foot industrial condominium in a high exposure commercial plaza on Steeles Avenue West. Currently operating as a restaurant and nightclub, this versatile unit features a fully equipped commercial kitchen, an upper-level mezzanine, and a flexible layout suitable for a variety of permitted commercial uses. The adjoining unit is currently connected through an opening in the shared demising wall, however, the wall can be reinstated prior to closing, restoring the unit to its original legal boundaries. Excellent location with strong exposure, ample plaza parking, and convenient access to major highways and public transit. An exceptional opportunity for investors and owner-operators alike.

Property details

Property

Property type
industrial
Interior size
2,119 sq ft
Zoning
INDUSTRIAL CONDO
Possession
FLEX

Interior

Heating
Gas Forced Air Closed
Cooling
Yes

Exterior & services

Garage
Plaza

Costs

List price
$2,100,000
Property taxes
$6,080 / year (2025)
Price per sq ft
$991

Listing

MLS® number
N13632166
Status
For sale
Listed
August 4, 2026
Days on market
93
Last updated
September 23, 2026
Listing brokerage
LPT REALTY

Price & sale history

This property's sale history is hidden

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced in line with comparable listings — about 59% of comparable industrial listings in Vaughan are asking less.

$629KMedian $1.73M$15.53M
This home
$991 / sq ft
Comparable median
$507 / sq ft

Based on 68 comparable active industrial listings in Vaughan. These are asking prices, not sale prices.

Mortgage estimate

Down payment20.0% · minimum $420,000
$420,000
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$9,289.01
Property tax (est.)
$506.67
Estimated monthly
$9,796

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$38,975
Total due on closing
$38,975

An estimate on the asking price of $2,100,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of LPT REALTY. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$2,100,000

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