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For saleMLS® N14111328

225 Spinnaker Way, Vaughan, ON L4K 5T8

Concord · L4K 5T8

$15,345,495

$435 / sq ft

1 weeks on market

Total area
35,277 sf
0

What's special

  • Outside/surface garage
  • Partial

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About this property

37,277 sq ft industrial freestand well-located within an established business park near Highways 7 & 407 - prime location in Vaughan. Currently divided into 2 equal units with 2 tenants (both leased to July 31, 2027 with no right to renew). An exceptional opportunity for owner-occupiers or investors seeking a presence in one of the most sought-after industrial areas. Functional facility suitable for a variety of industrial uses. Zoned EM2 (outside storage permitted). One drive-in door is 14' H x 16' W. Excellent connectivity to major logistics and distribution networks via its immediate access to Highways 7, 407 and 400.

Property details

Property

Property type
industrial
Interior size
35,277 sq ft
Zoning
EM2
Possession
Tenanted to July 31, 2027

Interior

Heating
Radiant
Cooling
Partial

Exterior & services

Garage
Outside/Surface
Sewer
Sanitary+Storm

Costs

List price
$15,345,495
Property taxes
$78,876 / year (2025)
Price per sq ft
$435

Listing

MLS® number
N14111328
Status
For sale
Listed
October 23, 2026
Days on market
13
Last updated
October 23, 2026
Listing brokerage
COLLIERS

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 above most comparable listings — about 88% of comparable industrial listings in Concord are asking less.

$229KMedian $1.67M$15.50M
This home
$435 / sq ft
Comparable median
$500 / sq ft

Based on 51 comparable active industrial listings in Concord. These are asking prices, not sale prices.

Mortgage estimate

Down payment20.0% · minimum $3,069,099
$3,069,099
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$67,878.30
Property tax (est.)
$6,573.00
Estimated monthly
$74,451

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
$370,112
Total due on closing
$370,112

An estimate on the asking price of $15,345,495. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of COLLIERS. 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.

$15,345,495

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