4040 Steeles Avenue W 21, Vaughan, ON L4L 4Y5
Steeles West Industrial · L4L 4Y5
$2,100,000
$991 / sq ft3 months on market
- Total area
- 2,119 sf
What's special
- Plaza garage
- Yes
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
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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.
- 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
- 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.
Comparable sales nearby
What similar homes in this area actually sold for.
Nearby sold prices are hidden
Recent closed sales for comparable homes in this area — the numbers that tell you whether the asking price is realistic.
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