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149 Milvan Drive

Humber Summit / Toronto W05, ON M9L 1Z8

ActiveFor Sale
0 Beds
0 Baths
10,330 Sq Ft
1 Lot Sq Ft
Commercial

About This Property

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. 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.

Property Details

StatusActive
Property TypeCommercial
Listing TypeFor Sale
Interior Size10,330 sq ft
Lot Size1 sq ft
Bedrooms0
Bathrooms0
Postal CodeM9L 1Z8
Last UpdatedAug 8, 2026 · 7:13 p.m.

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Features & Amenities

  • View
  • Air Conditioning
  • Basement

TRREB MLS® Attribution

MLS® W12412469

Listed by ROYAL LEPAGE CREDIT VALLEY REAL ESTATE

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.

$4,495,000

asking price

MLS®W12412469
TypeCommercial
CityToronto W05
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$21,950

/month · $3,596,000 mortgage

Down Payment20% — $899,000
Interest Rate5.5%

Amortization

Total Interest

$2,988,903

Total Cost

$6,584,903

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

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Listed By

ROYAL LEPAGE CREDIT VALLEY REAL ESTATE