149 Milvan Drive, Toronto W05, ON M9L 1Z8, Toronto W05, ON
10330.0 sqft
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 Highlights
For Sale
MLS NO.
W12412469
Type
Commercial
Sub Type
Industrial
Square Footage
10330.0 sqft
Complete Property Details
Property Type
Commercial
Sub Type
Industrial
Transaction Type
For Sale
Status
Active
Contract Status
Available
MLS® Number
W12412469
Security Features
No
Lot Width
100.12
Lot Size
0.543
Lot Size Units
Acres
Garage Type
Outside/Surface
Cooling
Partial
Heat Type
Radiant
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
Yes
Full Address
149 Milvan Drive, Toronto W05, ON M9L 1Z8
City
Toronto W05
Neighbourhood
Humber Summit
County / Region
Toronto
Province / State
ON
Postal Code
M9L 1Z8
Cross Street
Islington/Steeles/Finch
Directions
Islington/Steeles/Finch
List Price
$4,495,000
Annual Taxes
$35,859
Tax Year
2025
Possession Type
Flexible
Listing Office
ROYAL LEPAGE CREDIT VALLEY REAL ESTATE
Board
Toronto Regional Real Estate Board
Original Entry
2025-09-18T16:18:44Z
Media Updated
2025-09-18T16:39:56Z
Photos Updated
2025-09-18T16:39:56Z
Last Modified
2026-04-01T15:37:43Z
System Modified
2026-04-01T15:37:43.752929Z
MLS Status
New
Basement Yn
Yes
Ddfyn
Yes
Expiration Date
2026-07-31
Heat Type Multi
Radiant
Hstapplication
In Addition To
Occupant Type
Tenant
Originating System Id
A00001796
Public Remarks
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.
