4040 Steeles Ave W #21 is an industrial in Vaughan, listed for $2,100,000.
1Currently 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.
2Excellent location with strong exposure, ample plaza parking, and convenient access to major highways and public transit.
3An exceptional opportunity for investors and owner-operators alike.
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Commercial Property in Vaughan
Unit 21 at 4040 Steeles Avenue West
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.
Vaughan industrial priced at $2,100,000 — book a tour to see if it fits your search.
Inside 4040 Steeles Ave W #21
Every detail from the listing, in one place.
Type
Industrial
Features & systems
Lot & land
Lot size (sqft)
0
Listing & possession
Property class
Industrial
4040 Steeles Ave W #21 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® N13632166$2,100,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 4040 Steeles Ave W #21 Compares to the Vaughan Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
$•,•••,•••
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.
How long is your commute?
From 4040 Steeles Ave W #21. Typical times without traffic delays; transit times aren't available yet.
For homeowners nearby
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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.
Average days on market33Homes sold in about 33 days on average.
Sale-to-list ratio97.7%On average, homes sold below asking.
Active listings1,588Homes for sale here right now.
Median vs prior 90 days+5.1%Compared with Apr 26 – Jul 25, 2026: prices up.
Based on 1,165 sales from Jul 25 – Oct 23, 2026 (849 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
4040 Steeles Ave W #21 is listed at $2,100,000 (MLS® N13632166). Summitly updates the price as soon as the MLS® record changes.
Has the price of 4040 Steeles Ave W #21 changed?
No — 4040 Steeles Ave W #21 is still listed at its original asking price of $2,100,000.
How many bedrooms and bathrooms does 4040 Steeles Ave W #21 have?
The listing for 4040 Steeles Ave W #21 doesn't publish its bedroom and bathroom count. It is a commercial property in Vaughan.
Is 4040 Steeles Ave W #21 close to transit?
The nearest rapid-transit station is Emery Station (Line 6), about 2.1 km in a straight line. Milvan Rumike Station is about 2.2 km, and Signet Arrow Station is about 2.2 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How does 4040 Steeles Ave W #21 compare with other homes in Vaughan?
Its asking price of $2,100,000 is about 84% above the median sold price in Vaughan over the last 90 days, $1,140,000, across 1,165 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.
Has 4040 Steeles Ave W #21 been sold before?
Summitly has no earlier MLS® sale or lease of 4040 Steeles Ave W #21 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 4040 Steeles Ave W #21?
4040 Steeles Ave W #21 is in Vaughan, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 4040 Steeles Ave W #21 been on the market?
81 days — 4040 Steeles Ave W #21 was listed on August 3, 2026.
What is the land transfer tax on 4040 Steeles Ave W #21?
About $38,975 in Ontario land transfer tax at the asking price of $2,100,000. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
How do I book a viewing of 4040 Steeles Ave W #21 or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for 4040 Steeles Ave W #21?
The listing for 4040 Steeles Ave W #21 doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Vaughan.
When was 4040 Steeles Ave W #21 built?
The listing for 4040 Steeles Ave W #21 doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.
