21 - 4040 Steeles Avenue W, Vaughan, ON L4L 4Y5
Steeles West Industrial, Vaughan · Near STEELES W/SCHOLES RD · View map
About this home
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.
The home
- Type
- Industrial
- Square footage
- 2119 sq ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Security
- Yes
Heating & cooling
- Heating type
- Gas Forced Air Closed
- Air conditioning
- Yes
Garage & parking
- Garage
- Plaza
- Total parking
- None
Taxes & other
- Property taxes
- $6,080/yr
- Tax year
- 2025
- Occupancy
- Tenant
- Possession
- FLEX
- Cross street
- STEELES W/SCHOLES RD
- Neighbourhood
- Steeles West Industrial
More
- MLS® number
- N13632166
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
4040 Steeles Avenue, Vaughan, ON L4L 4Y5
Steeles West Industrial, Vaughan · Near STEELES W/SCHOLES RD
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Listing history for 4040 Steeles Avenue
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 21 - 4040 Steeles Avenue W
Answers come straight from this home’s MLS® listing.
How much is 21 - 4040 Steeles Avenue W listed for, and what would it cost each month?
21 - 4040 Steeles Avenue W is listed for $2,100,000. With 20% down ($420,000), the mortgage payment would be roughly $8,471 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $8,977 a month, all in. That figure is an illustration, not a quote.
Is 21 - 4040 Steeles Avenue W freehold or a condo, and is there a monthly fee?
21 - 4040 Steeles Avenue W is a industrial in Steeles West Industrial, Vaughan. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
Does 21 - 4040 Steeles Avenue W have a garage and parking?
Yes. The listing shows the garage as plaza. The listing does not include a parking space.
What style of home is 21 - 4040 Steeles Avenue W?
21 - 4040 Steeles Avenue W is an industrial. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How is 21 - 4040 Steeles Avenue W heated and cooled?
Heating is gas forced air closed. Cooling is yes.
What are the property taxes for 21 - 4040 Steeles Avenue W?
Property taxes are $6,080 a year (2025), or about $507 a month.
Where is 21 - 4040 Steeles Avenue W?
21 - 4040 Steeles Avenue W is in the Steeles West Industrial community of Vaughan. The nearest main intersection is STEELES W/SCHOLES RD. The postal code is L4L 4Y5.
Is 21 - 4040 Steeles Avenue W still for sale?
Yes. It is an active listing (MLS® N13632166). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 21 - 4040 Steeles Avenue W asking?
Similar properties for sale nearby right now include 47 - 4040 Steeles Avenue W at $65,000, 3 - 7620 Yonge Street at $2,100,000 and AL 1 & 2 - 140 Woodbridge Avenue at $1,949,900. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 4040 Steeles Avenue sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 21 - 4040 Steeles Avenue W?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near Steeles West Industrial, picked by style, size and price.
Sale of business$65,00047 - 4040 Steeles Avenue W, VaughanSteeles West IndustrialCourtesy of: ROYAL LEPAGE TERREQUITY REALTYView home →
Office$2,100,0003 - 7620 Yonge Street, VaughanCrestwood-Springfarm-YorkhillCourtesy of: COLLIERSView home →
Commercial retail$1,949,900AL 1 & 2 - 140 Woodbridge Avenue, VaughanWest WoodbridgeCourtesy of: RE/MAX PREMIER INC.View home →Courtesy of: LPT REALTY
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.