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149 Milvan Drive
$4,495,000 Sale
Listed 3 hours ago
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Listing History
Buy/Sell/Terminated/Expired listing history for 149 Milvan Drive
Key Facts
Key facts for 149 Milvan Drive
Property Type
Commercial
Parking
Outside/Surface
MLS #
W12412469
Size
-
Basement
-
Listed on
2025-09-18
Lot size
100 x 236.3
Tax
$35,859.06 /yr
Days on Market
0
Approximate Age
-
Maintenance Fee
-
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 dif...ferent 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.
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Courtesy of: ROYAL LEPAGE CREDIT VALLEY REAL ESTATE