Vaughan, ON · L4K 2G3 · MLS® N13733544Updated
$17,800,000
116 Rayette Rd is a 6-bathroom industrial in Vaughan, listed for $17,800,000.
Coldwell Banker Summit Realty, BrokerageZara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
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. 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.
Vaughan industrial priced at $17,800,000 — book a tour to see if it fits your search.
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Lot & land
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Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
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Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
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Closed sales on the TRREB MLS®.
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Listing brokerage: MOVE UP REALTY INC., BrokerageMLS® N13733544 · Listing data last updated
Listing data comes from the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but not guaranteed. Shown on Summitly by Coldwell Banker Summit Realty, Brokerage, which is not the listing brokerage. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. © 2026 Toronto Regional Real Estate Board. All rights reserved.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
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Based on 1,179 sales from Jul 24 – Oct 22, 2026 (849 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
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2.8 kmClosest· Line 1
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116 Rayette Rd is listed at $17,800,000 (MLS® N13733544). Summitly updates the price as soon as the MLS® record changes.
No — 116 Rayette Rd is still listed at its original asking price of $17,800,000.
116 Rayette Rd has 6 bathrooms. It is a commercial property in Vaughan.
The nearest rapid-transit station is Vaughan Metropolitan Centre Station (Line 1), about 2.8 km in a straight line. Highway 407 Station is about 3.4 km, and Rutherford GO Station is about 3.4 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
Its asking price of $17,800,000 is about 1461% above the median sold price in Vaughan over the last 90 days, $1,140,000, across 1,179 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Summitly has no earlier MLS® sale or lease of 116 Rayette Rd on record from the last two years. Older records aren't shown under TRREB rules.
116 Rayette Rd is in Vaughan, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
51 days — 116 Rayette Rd was listed on September 1, 2026.
About $431,475 in Ontario land transfer tax at the asking price of $17,800,000. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
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The listing for 116 Rayette Rd doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Vaughan.
The listing for 116 Rayette Rd doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.
