Properties

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.

Features
Cooling System:
Partial
Utilities:
Yes
Sewer:
Sanitary+Storm
Address Map
City:
Toronto
Postal Code:
M9L 1Z8
Street:
Milvan
Street Number:
149
Street Suffix:
Drive
Zoning:
E1
Directions:
Islington/Steeles/Finch
Additional Information
Building Size:
10330
Business Type:
Warehouse
Financial
Tax Annual Amount:
35859.06
Listing Information
Mls Status:
New
Modification Timestamp:
2025-09-18T16:39:56Z
Originating System Name:
TRREB

Commercial Sale For Sale

149 Milvan Drive, Toronto W05, ON M9L 1Z8

$4,495,000
Listing ID #W12412469
Basic Details
Property Type :
Commercial Sale
Listing Type :
For Sale
Listing ID :
W12412469
Price :
$4,495,000
Status :
Active
Office Name :
ROYAL LEPAGE CREDIT VALLEY REAL ESTATE
Property Sub Type :
Industrial
Agent info
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