149 MILVAN DRIVE

$4,495,000

Humber Summit, Toronto, Ontario

  • 10,330 square feet
Commercial · IndustrialType
Radiant heatHeating
Partially air conditionedCooling
346Days on market
$435 / sqftPrice / sqft

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. (id:66327)

Property details

Interior

Living area
10,330 square feet

Exterior & parking

Structure type
Warehouse
Architectural style
[]
Lot size
0.543

Building & HOA

Heating
Radiant heat
Cooling
Partially air conditioned

Financial & legal

List price
$4,495,000
Price / sqft
$435 / sqft
Annual taxes
$35,859
Status
Active
MLS® number
W12412469

Location

City
Toronto
Neighbourhood
Humber Summit
Province
Ontario
Postal code
M9L1Z8
Directions
Islington/Steeles/Finch

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