© 2026 HomeSix Realty Inc. All rights reserved.
Excellent investment opportunity to acquire a sought-after freestanding M1-zoned industrial building in Vaughan. Situated on a substantial lot with approximately 201.43 ft. of frontage and 433.11 ft. of depth, the property offers 40,056 sq. ft. of total floor area, including approximately 34,500 sq. ft. of industrial space, 5,000 sq. ft. of office space, and an additional 1,000 sq. ft. basement area plus approximately 1000 sq.ft mezzanine. The warehouse features clear heights ranging from approximately 18 to 22 ft., including a portion with 20 ft. clear height. Shipping capabilities include seven truck-level doors and three drive-in doors. Additional features include 9 front entrances, 9 separate water and hydro meters, rear garage/loading doors, five separate office entrances, six washrooms, a change room, sprinklers, gas-forced-air heating, and more than 60 on-site parking spaces. Heavy electrical power includes 1,600 amps, 208 volts, three-phase, four-wire service. An Electrical Safety Authority Certificate of Inspection is available. The building's configuration offers the potential to divide the property into as many as 11 separate units, each with a front entrance and rear garage/loading door, subject to municipal approvals. Ideally suited to service, warehousing, manufacturing, and distribution businesses. The property is currently tenanted at a net rental rate of $18.00 per sq. ft., plus $4.50 per sq. ft. TMI. From March 1st, 2027 the Tenant will pay $19 per sq.ft plus $4.50 TMI. The tenancy expires March 1, 2028, presenting an attractive opportunity for investors or future owner-users. Conveniently located with quick access to Highways 7, 27, 407, and 427, and approximately 20 minutes from Toronto Pearson International Airport. The Roof has been replaced 10 years ago. The existing tenant may remain, subject to mutual agreement between the Buyer and the Tenant.
Inclusions
AI-ASSISTED IMAGERY DISCLOSURE: Some photographs used on MLS and in other marketing materials have been digitally enhanced or created with artificial intelligence. These images are provided for illustrative purposes and may not accurately represent the property's current condition
Broker
MOVE UP REALTY INC.
Own a home here? See what it could sell for.
Use this listing address as a starting point for a Home6 seller valuation.
Industrial
116 Rayette Road Vaughan
Vaughan
Type
Industrial
Parking
None
Property Tax
~$77,085/yr
Heating
Gas Forced Air Closed
Buying Essentials
Square Feet
40056 sqft
Parking
None
Finances
List Price
$16,500,000
Price per SQFT
$412/sqft
Property Tax
~$77,085/yr
Property Specs
Property Type
Industrial
MLS Size
40056 sqft
Living & Amenities
Heating Type
Gas Forced Air Closed
Policies & Utilities
Neighbourhood
Vaughan
Listed On
Sep 1, 2026
Days on Market
Current: 67 days
Room information is not available for this listing.
Learn about the area and demographics around this address.
Schools closest to 116 Rayette Road Vaughan.
Source: No verified source available.Catchment boundaries and ratings are shown only when available.
Active alternatives ranked by location, property type, price, bedrooms, size, bathrooms, and recency.
Recent sold or leased properties are shown separately from active alternatives.
Close to 116 Rayette Road Vaughan.