149 MILVAN DRIVE, Toronto (Humber Summit)

2025-09-18
 

Quick Summary

Location
149 MILVAN DRIVE, Toronto (Humber Summit), Ontario M9L1Z8
Price
$4,495,000 CAD
Status:
For Sale
Property Type:
Industrial
Area:
10330 sqft

MLS®#W12412469

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 possible thereafter. Excellent opportunity for a future owner occupier with holding income. Both tenants would like to stay, but leases do expire at 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. (id:32467)

Property Features

Building

  • Cooling Type: Partially air conditioned
  • Fireplace: No
  • Interior Size: 10330 sqft
  • Building Type: Warehouse
  • Utility Water: Municipal water

Land

  • Land Size: 0.543 ac

Zoning

  • Description: E1

Information entered by ROYAL LEPAGE CREDIT VALLEY REAL ESTATE
Listing information last updated on: 2025-10-23 03:26:42


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