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$ 4,495,000
Est. payment /mo
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149 Milvan DR Toronto W05, ON M9L 1Z8
10,330 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 10,330 sqft
Price per Sqft $435
Subdivision Humber Summit
MLS Listing ID W12412469
Annual Tax Amount $35,859
Tax Year 2025
Property Sub-Type Industrial
Property Description
Fully leased two-unit industrial facility in North York on Milvan Drive between Steeles Avenue and Islington Avenue. Available for the first time in over 60 years. Very well maintained building consisting of 2 units each with multiple drive-in shipping doors. Flexible E1 zoning allows for many different business operations from warehousing and manufacturing to automotive uses. The building has 4 total drive-in doors with 2 doors measuring 10 feet by 10 feet and two doors measuring 10 feet by 12 feet. Large, fenced and paved rear yard offering the possibility of open storage. There are windows throughout the building including all office areas and warehouse areas. The property is 100% leased with leases expiring at the end of 2026 with vacant possession thereafter. Excellent opportunity for a future owner occupier with holding income. Both Tenants have secured alternative accommodations and will be leaving by the end of 2026.The building has functional office layouts spread over two floors, but is in need of some cosmetic updating. Each half of the building has approximately 2,000 sq. ft. of office space with approximately 3,150 sq. ft. of warehouse/manufacturing space for each unit.
Location
Province ON
County Toronto
Community Humber Summit
Area Toronto
Interior
Cooling Partial
Exterior
Utilities Available Yes
Lot Frontage 100.12
Lot Depth 236.3
Others
Security Features No
Listed by ROYAL LEPAGE CREDIT VALLEY REAL ESTATE
