$4,495,000
Available - For Sale
Listing ID: W12412469
149 Milvan Drive , Toronto, M9L 1Z8, Toronto
| 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. |
| Price | $4,495,000 |
| Taxes: | $35859.06 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 149 Milvan Drive , Toronto, M9L 1Z8, Toronto |
| Postal Code: | M9L 1Z8 |
| Province/State: | Toronto |
| Directions/Cross Streets: | Islington/Steeles/Finch |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 0 | |
| Washroom Type 12 | 0 | |
| Washroom Type 13 | 0 | |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 | |
| Washroom Type 16 | 0 | |
| Washroom Type 17 | 0 | |
| Washroom Type 18 | 0 | |
| Washroom Type 19 | 0 | |
| Washroom Type 20 | 0 |
| Category: | Free Standing |
| Use: | Warehouse |
| Building Percentage: | T |
| Total Area: | 10330.00 |
| Total Area Code: | Square Feet |
| Office/Appartment Area: | 4320 |
| Office/Appartment Area Code: | Sq Ft |
| Office/Appartment Area Code: | Sq Ft |
| Sprinklers: | No |
| Washrooms: | 0 |
| Rail: | N |
| Clear Height Feet: | 13 |
| Truck Level Shipping Doors #: | 0 |
| Double Man Shipping Doors #: | 0 |
| Drive-In Level Shipping Doors #: | 4 |
| Height Feet: | 10 |
| Width Feet: | 12 |
| Grade Level Shipping Doors #: | 0 |
| Heat Type: | Radiant |
| Central Air Conditioning: | Partial |
| Sewers: | Sanitary+Storm |
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| ROYAL LEPAGE CREDIT VALLEY REAL ESTATE |
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At a Glance:
| Type: | Com - Industrial |
| Area: | Toronto |
| Municipality: | Toronto W05 |
| Neighbourhood: | Humber Summit |
| Tax: | $35,859.06 |
| Fireplace: | N |
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