Vaughan Industrial Real Estate
Industrial Space for Lease and Sale in Vaughan
Harjaap reviews every requirement personally and matches qualified tenants and buyers to on-market and off-market space - often within hours, not days.
Or call directly: (647) 740-7500
Harjaap Singh Makkar
Senior Industrial Broker · Colliers International
Find Your Vaughan Space
Answer five quick questions and Harjaap will personally match you to on-market and off-market space.
Responds personally · Confidential
Or call directly: (647) 740-7500
Vaughan Requirement Match
How It Works
Step 1
Answer 5 Quick Questions
Your requirement, size, timeline, and what matters most - takes under a minute.
Step 2
Harjaap Reviews It Personally
Checked against on-market and off-market inventory that fits - not an algorithm.
Step 3
Get Matched Space Directly
A shortlist and a call to discuss next steps, typically the same day.
Client Roster
Companies Harjaap Has Represented
HOOPP
Pension Fund
$132B+ in net assets · one of Canada's largest pension funds
Aftermarket by Parts Panel
Automotive
Among Canada's fastest-growing auto parts distributors
Structural Aluminum
Manufacturing
20+ years in business
UHI Machinery
Equipment Rental
International footprint
Ideal Logistics Group
Transportation
20+ years in business
Canadian Flatbeds Transportation
Transportation
One of Canada's fastest-growing companies
Minimax Express
Transportation
30+ years old · Among Canada's largest
Iqbal Foods
National Food Retailer
Among Canada's largest
PTI Foods
Ethnic Food Distributor
50+ years old · Among Canada's largest
Materials Testing Equipment
Industrial Distributor
IBC Tanks Canada
Industrial Distributor
SUSGlobal Energy
Energy Company
Publicly listed
Peripheral Labs
Tech Startup
Backed by Khosla Ventures
XPV Water Partners
Private Equity
$1B+ in assets under management
Tropical Forest Products
Wood Distributor
Four locations across North America
Hofland
Floral Wholesaler
Canada's largest full-service floral wholesaler
Property Management
10M SF under management
Healgen Scientific
Medical Equipment Manufacturer
Leading global manufacturer
Designed Precision Castings
Investment Casting Manufacturer
In business since 1958
Recent Transactions
Representing Clients Across Every GTA Submarket
6 transactions closed across the GTA in June 2026 and July 2026.
89 Walker Dr, Brampton
Seller Representation
345,000 SF · Sold · June 2026
6200 Tomken Rd, Mississauga
Tenant Representation
79,919 SF · Tenant Renewed · July 2026
490-520 Nash Rd, Hamilton
Seller Representation
5.29 Acres · Sold · June 2026
7131 Edwards Blvd, Mississauga
Buyer Representation
20,059 SF · Sold · June 2026
6 William Morgan Dr, Toronto
Sub-Landlord Representation
27,840 SF · Subleased · July 2026
5641 McAdam Rd, Mississauga
Tenant Representation
16,000 SF · Leased · July 2026
What Clients Say
A selection of feedback from tenants and buyers Harjaap has represented across the GTA.
What stood out most was his remarkable responsiveness - he consistently replied to our inquiries promptly, even during weekends and outside regular business hours. This level of dedication made a significant difference in our ability to make timely decisions throughout the leasing process.
“Even though he happened to be traveling out of town for a wedding at the time, he still made time to make sure our offer stayed competitive. That kind of commitment is rare in commercial real estate, where it's not uncommon for brokers to be unreachable on Fridays.”
“He was professional, attentive and truly took the time to understand what I was looking for. His knowledge of the market and attention to detail gave me great confidence in my decisions.”
“He's easy to talk to, very responsive, and always tries his best to help and follow things through. It's clear he cares about doing a good job.”
“He's approachable, patient, and always willing to explain things clearly. Whenever something comes up, he responds quickly and helps get it sorted without any hassle.”
Vaughan Industrial Market Overview
Vaughan is the anchor of GTA North industrial real estate - 106.9 million square feet of inventory along one of Canada’s busiest north-south freight corridors, Highway 400. At 3.6% availability in Q2 2026, the market remains tighter than the GTA average, and it posted the strongest net absorption of any GTA North submarket this quarter - over 1 million square feet - while still carrying the largest under-construction pipeline in the zone. For distribution, logistics, and manufacturing operations that need highway access north of the 401, Vaughan is the primary market.
Vaughan Industrial Market: Q2 2026 Snapshot
Vaughan recorded strong positive absorption of 1,095,634 SF in Q2 2026 - the largest gain of any GTA North submarket and one of the strongest single-quarter performances in the entire GTA. The 510,000 SF currently under construction remains the most active pipeline in the GTA North market, even after 869,797 SF of new supply was delivered and quickly absorbed this quarter. At 3.6% availability - below the GTA average of 4.5% - the market remains fundamentally tight.
Below GTA average of 4.5%; Q2 2026
Above GTA average of $16.22 PSF
Strongest of any GTA North submarket
Blended freehold/condo - Vaughan submarket, Q2 2026
Source: Colliers Q2 2026 Toronto Industrial Market Report
Vaughan Industrial Submarkets: Rates and Availability by Corridor
Vaughan’s industrial base runs primarily along the Highway 400 corridor, with the Jane Street and Keele Street corridors providing secondary freight access. The Jane-400 interchange at Highway 7 forms the commercial and logistics core of south Vaughan, while the Rutherford Road and Major Mackenzie Drive corridors serve growing mid-market and manufacturing demand further north. Asking rents across the market average $16.82 PSF - above the GTA average - reflecting strong fundamentals and a shortage of large-block modern product.
| Submarket | Availability Rate | Asking Net Rent |
|---|---|---|
| Vaughan (Highway 400 / Jane Corridor) | 3.6% | $17.29 PSF |
| Vaughan (overall) | 3.6% | $17.29 PSF |
Source: Colliers Q2 2026 Toronto Industrial Market Report
Highway 400: GTA’s North-South Freight Spine
Highway 400 provides direct north-south freight access from downtown Toronto to Barrie, with no traffic signals and consistent throughput for flat-deck and cube van fleets alike. The industrial corridor running north along the 400 from Steeles Avenue to Major Mackenzie Drive is Vaughan’s most liquid submarket - buildings here absorb fastest, command the highest rents, and attract the broadest tenant mix from national retailers and 3PLs to automotive suppliers and food processors. For any operation that needs GTA-wide delivery reach, Vaughan’s Highway 400 positioning is difficult to replicate.
510K SF Pipeline: Where the New Supply Is
With 510,000 SF under construction as of Q2 2026, Vaughan carries the most active development pipeline of any GTA North submarket - even after 869,797 SF of new supply was delivered and largely absorbed this quarter. Most of this product is targeted at 50,000 to 200,000 SF logistics users - 30-foot-plus clear height, high dock counts, modern sprinkler and power specifications. For tenants who need product that was built in the last five years and are currently finding those options scarce in Mississauga or Brampton, this pipeline represents one of the best near-term alternatives in the GTA. For landlords competing against new product, it means lease terms will need to be sharp.
Tighter Than the GTA Average
At 3.6% availability, Vaughan is meaningfully tighter than the GTA average of 4.5%. That spread matters: it means the effective selection of available product - particularly large-block modern distribution centres - is limited, and tenants approaching the market without lead time or broker preparation will find themselves in a reactive position. The businesses that successfully secure space in Vaughan are the ones that started looking 6 to 12 months ahead of their requirement date and engaged representation with visibility into off-market availability before it was formally listed.
Vaughan’s Sale Price Reset
Vaughan’s average industrial sale price - blending freehold and condo/strata transactions - sits at $313 PSF as of Q2 2026, below the GTA-wide freehold average of $335 PSF. That is a shift from prior quarters, but it reflects the mix of transactions that closed rather than a change in the fundamentals driving demand: access to a large and diverse industrial workforce, highway infrastructure that serves the entire GTA, and a York Region regulatory environment that has historically supported industrial development. For owner-occupiers and investors evaluating entry points, current pricing may represent better relative value than Vaughan has offered in past cycles.
Buying Industrial Property in Vaughan
Vaughan’s average industrial sale price - blending freehold and condo/strata transactions - sits at $313 PSF as of Q2 2026, below the GTA-wide freehold average of $335 PSF. Highway 400 access, a large industrial workforce, and York Region zoning that accommodates a wide range of industrial uses continue to make Vaughan one of the more desirable owner-occupier markets north of the 401 - and the current pricing may represent a more attractive entry point than prior cycles. For operations that expect to be at their location for 10 years or more, buying eliminates the compounding lease renewal risk of a tight, above-average-rent market.
With 510,000 SF under construction, the pipeline will continue to deliver new freehold opportunities for buyers, though at a more measured pace than in prior quarters after 869,797 SF of new supply was absorbed in Q2 2026 alone. Purpose-built product in an established location like the Highway 400 corridor commands a premium but also retains value - new product typically leases quickly and holds its capital value better than second-generation space.
Harjaap Singh Makkar has guided industrial buyers through acquisitions across Vaughan’s corridors, including off-market transactions sourced through the Zonado platform before ownership was publicly testing the market. For buyers with specific requirements - size, power, truck court, location - off-market access is frequently the difference between securing the right building and settling for the available one.
Tenant Representation in Vaughan
Vaughan’s active development pipeline creates a more nuanced negotiating environment than fully built-out markets like Oakville. New construction landlords are building on spec and need to lease - that creates leverage for tenants who come prepared and move decisively. But it also requires knowing which developer is behind schedule, which projects are pre-leased, and which landlords are willing to negotiate on tenant improvement allowances or free rent to close before their construction lender’s stabilization deadline.
For second-generation space in Vaughan’s existing building stock, the dynamic is different. With 3.6% availability, landlords have limited direct competition and tend to negotiate hard on rate. Tenant representation provides the comparable transaction data - what tenants in adjacent bays and comparable buildings paid, what concessions were granted, and what the landlord’s actual basis is - that tenants cannot access on their own.
Tenant representation in Vaughan costs the tenant nothing. Every Vaughan industrial landlord has brokerage fees built into their transaction budget. What representation delivers is market intelligence and negotiating leverage that the tenant cannot build independently.
Industrial Real Estate Across the GTA
Vaughan is the North market anchor, but the right industrial location depends on your highway requirements, workforce access, and operational footprint. Markets further south along the 400 corridor offer lower rents and urban infill options; markets to the west offer Highway 401 or QEW alternatives. Explore adjacent markets below, or visit the GTA industrial space overview for a full market-wide comparison.
Toronto
All Toronto corridors - Scarborough, Etobicoke, core. Availability 2.9%, rates from $10.48 PSF.
Brampton
Highway 410/427/407 corridor - one of Ontario's most active logistics markets. Availability 6.0%.
Mississauga
Meadowvale, Dixie/Matheson, Airport Road. Rates from $16.27 to $19.21 PSF.
Oakville
QEW and Highway 407 corridor. No development pipeline; 4.0% availability.
Etobicoke
Dixon Road, Rexdale, Kipling corridor. Infill industrial within Toronto's western border.
North York
Dufferin, Keele, Jane corridor. Tight urban industrial; limited options, strong values.
Let’s Talk About Your Industrial Real Estate Need
Whether you’re searching for space, looking to sell or lease a property, or simply trying to understand what the current market means for your business.
Prefer to call? (647) 740-7500