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$4,495,000
Available - For Sale
Listing ID: W12412469
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.
Price $4,495,000
Taxes: $35,859.06
Tax Type: Annual
Occupancy by: Tenant
Address: 149 Milvan Driv , Toronto, M9L 1Z8, Toronto
Postal Code: M9L 1Z8
Province/State: Toronto
Directions/Cross Streets: Islington/Steeles/Finch
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Category: Free Standing
Use: Warehouse
Building Percentage: T
Total Area: 10,330
Total Area Code:  Square Feet
Office/Appartment Area: 4320
Office/Appartment Area Code: Sq Ft
Office/Appartment Area Code: Sq Ft
Maintenance: 0
Sprinklers: No
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

149 Milvan Driv , Toronto, M9L 1Z8, Toronto

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Maria Tompson
Sales Representative
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416-548-7854
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416-548-7854
Fax:
416-981-7184

 
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Type: Com - Industrial
Area: Toronto
Municipality: Toronto W05
Neighbourhood: Humber Summit
Style:
Lot Size: x 236.30(Feet)
Approximate Age:
Tax: $35,859.06
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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Personal Pic Maria Tompson Sales Representative Your Company Name, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854
Personal Picture
Maria Tompson
Sales Representative
Your Company Name, Brokerage
Independently owned and operated.
sales@bestforagents.com

 

 

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