50 Ritin Lane, Vaughan, ON
Property Highlights
Welcome to this remarkable industrial located in the coveted neighborhood of Concord. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1,750,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 0 Bathrooms
- Spacious lot size measured in Feet
- Convenient in/out garage included
- equipped with yes central cooling and highly efficient gas forced air open heating
Description
Exceptional Commercial/Industrial Opportunity in the Heart of Vaughan! This impressive 4,000+ sq. ft. commercial/industrial property (Units 24 & 25 combined) offers outstanding versatility for automotive and a wide range of permitted commercial and industrial uses. Featuring 20-foot ceilings, a drive-in bay door, generous warehouse space, and a dedicated storage room, this property is designed for efficient day-to-day operations.The well-designed two-storey office layout provides an excellent balance of warehouse and office space. The main floor includes three private offices, while the upper level features two executive offices and a spacious boardroom, ideal for management, meetings, or client presentations. Additional amenities include two kitchens, three washrooms, one shower, and eight exclusive parking spaces.Ideally situated in the highly desirable Concord industrial district with convenient access to major highways, this turnkey property is an exceptional opportunity for owner-users, growing businesses, or investors seeking a functional, well-appointed commercial space.
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Pricing & Value Insights
Data-driven valuation for 50 Ritin Lane 24 & 25, Vaughan, ON L4K 4C9
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Vaughan, ON
For a property listed at $1,750,000 in Vaughan, the legal minimum down payment is $350,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $31,475 for this transaction. As this listing is in Vaughan (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $31,475.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.