York Region
Investing in Vaughan
Affluent York Region city anchored by Vaughan Metropolitan Centre and Vaughan Mills, with the GTA's highest median household income.
Population
340,000
Median income
$112,000
Retail rent
$30–$60/psf
Vacancy
3.5%
Why invest in Vaughan
- Highest disposable income per household in the GTA.
- Premium-positioned concepts (med spas, fitness, specialty F&B) outperform.
- Vaughan Metropolitan Centre TTC subway driving new urban core.
- Lower competition density than Toronto for premium concepts.
Top commercial corridors
Vaughan Metropolitan Centre
Urban core with subway, fastest-growing node.
Vaughan Mills area
Big-box and entertainment anchored.
Highway 7 / Weston
Mid-tier plazas with strong daytime traffic.
Growth drivers
- Continued condo delivery in VMC, projected to add 25k residents by 2031.
- TTC subway extension supporting urban-format retail.
- Strong family household formation across Kleinburg and Woodbridge.
Best businesses to open in Vaughan
Ranked by demand fit for the Vaughan consumer base and retail environment.
Bubble Tea Shop in Vaughan
Low food-cost, high-margin beverage concept with strong Gen Z and student demand.
Score 82 · Profit $5–14k/mo
Independent Coffee Shop in Vaughan
Brand-led specialty coffee concept with strong neighbourhood loyalty.
Score 71 · Profit $4–13k/mo
Pizza Restaurant in Vaughan
High-volume QSR with strong delivery economics and proven franchise paths.
Score 76 · Profit $6–18k/mo
Modern Barbershop in Vaughan
Recurring-revenue service business with low capex and 22-30% net margins.
Score 85 · Profit $5–14k/mo
Nail Salon in Vaughan
Service business with strong female consumer loyalty and 20-25% net margins.
Score 78 · Profit $5–13k/mo
Medical Spa in Vaughan
Premium service business with $90,000+/mo revenue ceiling and 28-35% net margins.
Score 84 · Profit $14–50k/mo
Shisha Lounge in Vaughan
Late-night hospitality concept with strong cultural demand in Mississauga and Brampton.
Score 52 · Profit $9–26k/mo
Also possible in Vaughan
Find your commercial space in Vaughan
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