7242 Highway 27
7242 Highway 27
$13,500,000
3 days on market
About This Listing
Premier, shovel-ready 5.09-acre gross (4.14-acre net developable) industrial & commercial land development site. Situated at the absolute "centre ice" of Vaughan's elite commercial corridor, this institutional-grade asset features underlying E1 Prestige Employment Zoning and offers exceptional development flexibility for users, developers and investors alike. The site features in-place Zoning and Site Plan Approval for a multi-tenant industrial mall totaling 86,020 Sq Ft. Crucially, the site design offers the inherent flexibility to modify the existing layout, consider multiple freestanding buildings, or pivot to an alternative single-tenant facility. To demonstrate a potential user opportunity, a conceptual warehouse/manufacturing/distribution design has been drafted, yielding a 91,192 SF facility (inclusive of a 14,294 SF mezzanine).Excellent frontage & high-visibility profile boasting over 550 feet of continuous frontage directly along Highway 27, any chosen design will command exceptional corporate branding and prominent signage
| Monthly Mortgage (P&I) | $58,818 |
| Property Tax (MLS) | $8,547 |
| Maintenance Fees | $0 |
| Total Monthly Cost | $67,365 |
Down payment: $2,700,000 (20.0%) · Mortgage: $10,800,000
Property tax uses MLS annual tax of $102,563/yr. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.
Property Details
Listing provided by COLLIERS
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Data last updated: August 23, 2026 at 12:25 p.m.