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Investment Highlights

  • Situated in the core of the Concord industrial area, a premier GTA employment hub.
  • Excellent access to Highway 400 with close connectivity to Highways 407 and 7.
  • Functional industrial building suitable for warehousing, light manufacturing, or service uses.
  • Located in a well-established business park with a mix of national and local operators.

Executive Summary

84 Citation Drive is a well-located industrial property in the heart of Vaughan’s Concord Business Park, one of the GTA’s most established and in-demand employment nodes. The property offers functional industrial space suited for a wide range of users, including warehousing, manufacturing, and service-oriented businesses. With convenient access to major transportation routes and strong surrounding amenities, this location provides an efficient and professional setting for industrial operations.

5 Units Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit 1
  • 4,187 SF
  • Industrial
  • $1,331,461 USD ($318.00 USD/SF)
  • -
Sale Type Investment
Description
1 Truck-Level Door with 18'2" Clear Height
Sale Notes
Rare opportunity to own industrial condominium units in a prime Vaughan business park with convenient access to Highways 407 and 7, public transit, and nearby amenities.
  • Unit 3
  • 3,770 SF
  • Industrial
  • $1,225,496 USD ($325.07 USD/SF)
  • -
Sale Type Investment or Owner User
  • Unit 10
  • 3,780 SF
  • Industrial
  • $1,202,035 USD ($318.00 USD/SF)
  • -
Sale Type Investment
Sale Status Under Contract
Description
18"2" clear height and 53' trailer access providing optimal functionality for users. Recent capital upgrades, including a new roof and paving enhance the property's long-term value. Condominium registration is anticipated for Q2 2025.
Sale Notes
Rare opportunity to own an industrial condominium unit.
  • Unit 11
  • 3,760 SF
  • Industrial
  • $1,195,675 USD ($318.00 USD/SF)
  • -
Sale Type Investment
  • Unit 12
  • 3,790 SF
  • Industrial
  • $1,205,215 USD ($318.00 USD/SF)
  • -
Sale Type Investment
Unit Unit Size Condo Use Price NOI
Unit 1 4,187 SF Industrial $1,331,461 USD ($318.00 USD/SF) -
Unit 3 3,770 SF Industrial $1,225,496 USD ($325.07 USD/SF) -
Unit 10 3,780 SF Industrial $1,202,035 USD ($318.00 USD/SF) -
Unit 11 3,760 SF Industrial $1,195,675 USD ($318.00 USD/SF) -
Unit 12 3,790 SF Industrial $1,205,215 USD ($318.00 USD/SF) -

Unit 1

Unit Size
4,187 SF
Condo Use
Industrial
Price
$1,331,461 USD ($318.00 USD/SF)
NOI
-

Unit 3

Unit Size
3,770 SF
Condo Use
Industrial
Price
$1,225,496 USD ($325.07 USD/SF)
NOI
-

Unit 10

Unit Size
3,780 SF
Condo Use
Industrial
Price
$1,202,035 USD ($318.00 USD/SF)
NOI
-

Unit 11

Unit Size
3,760 SF
Condo Use
Industrial
Price
$1,195,675 USD ($318.00 USD/SF)
NOI
-

Unit 12

Unit Size
3,790 SF
Condo Use
Industrial
Price
$1,205,215 USD ($318.00 USD/SF)
NOI
-

Unit 1

Unit Size 4,187 SF
Condo Use Industrial
Price $1,331,461 USD ($318.00 USD/SF)
NOI -
Sale Type Investment
Description
1 Truck-Level Door with 18&#39;2&quot; Clear Height</li></ul>
Sale Notes
Rare opportunity to own industrial condominium units in a prime Vaughan business park with convenient access to Highways 407 and 7, public transit, and nearby amenities.</li></ul>

Unit 3

Unit Size 3,770 SF
Condo Use Industrial
Price $1,225,496 USD ($325.07 USD/SF)
NOI -
Sale Type Investment or Owner User

Unit 10

Unit Size 3,780 SF
Condo Use Industrial
Price $1,202,035 USD ($318.00 USD/SF)
NOI -
Sale Type Investment
Sale Status Under Contract
Description
18&quot;2&quot; clear height and 53&#39; trailer access providing optimal functionality for users. Recent capital upgrades, including a new roof and paving enhance the property&#39;s long-term value. Condominium registration is anticipated for Q2 2025.</li></ul>
Sale Notes
Rare opportunity to own an industrial condominium unit.</li></ul>

Unit 11

Unit Size 3,760 SF
Condo Use Industrial
Price $1,195,675 USD ($318.00 USD/SF)
NOI -
Sale Type Investment

Unit 12

Unit Size 3,790 SF
Condo Use Industrial
Price $1,205,215 USD ($318.00 USD/SF)
NOI -
Sale Type Investment

Property Facts

The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 57,163 SF
Property Type Industrial
Property Subtype Warehouse
Building Class B
Floors 1
Typical Floor Size 57,163 SF
Year Built 1987
Lot Size 3.36 AC
Parking Ratio 1.11/1,000 SF
Zoning EM2 - Employment Industrial
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
  • Listing ID: 35312763

  • Date on Market: 3/31/2025

  • Last Updated:

  • Address: 84 Citation Dr, Concord, ON L4K 2S4

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