624 Mcgeachie Drive S, Milton, ON L9T 3Y5, Milton, ON
30500.0 sqft
Excellent investment opportunity for today and the future. Leased Industrial Building in final 2 years of 5 year net lease with option to renew. Strong covenant. Tenant is a division of a 5 billion a year in sales ,United States Multi National company with a long history in the Automotive refinishing and repair products market. Extensive investment has been made in the infrastructure of the building including oversized ventilation system,Tyco/Ansul Sprinkler Fire Suppression System , Draiger Air Monitoring System,Nitrogen Generation System,Tank Farm,Back up Generators,Plug Alarms,Donaldson Air Filters and Heavy Electrical Power.Zoning is M-2 permitting heavy uses and outside storage. Location of buildings is in GTA and is accessed by major roads.Replacement cost of building far greater than purchase Price. Environmental Assessment available. Interior of buildings very clean.A tour should be booked too fully appreciate the investment.
Property Highlights
For Sale
MLS NO.
W13210506
Type
Commercial
Sub Type
Investment
Square Footage
30500.0 sqft
Complete Property Details
Property Type
Commercial
Sub Type
Investment
Transaction Type
For Sale
Status
Active
Contract Status
Available
MLS® Number
W13210506
Security Features
Yes
Lot Width
211.7
Garage Type
None
Cooling
Partial
Cooling Installed
Yes
Heat Type
Gas Forced Air Closed
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
Yes
Full Address
624 Mcgeachie Drive S, Milton, ON L9T 3Y5
City
Milton
Neighbourhood
1034 - MN Milton North
County / Region
Halton
Province / State
ON
Postal Code
L9T 3Y5
Cross Street
Harrop Rd. And Mcgeachie Dr.
Directions
Steeles Ave.and Harrop Dr.
Country
CA
List Price
$14,800,000
Annual Taxes
$56,204
Tax Year
2025
Legal Description
Con. 3 Pt Lot 1 Rp20R3449 Parts 5,10,13,14,17,19
Possession Type
Other
Listing Office
Nucorp Realty International
Board
Toronto Regional Real Estate Board
Original Entry
2026-05-28T19:16:00Z
Media Updated
2026-05-29T12:15:20Z
Photos Updated
2026-05-28T19:16:01Z
Last Modified
2026-05-29T12:15:21Z
System Modified
2026-05-29T12:15:21.275086Z
MLS Status
New
Board Property Type
Com
Ddfyn
Yes
Expiration Date
2026-08-04
Heat Type Multi
Gas Forced Air Closed
Heating Yn
Yes
Hstapplication
In Addition To
Occupant Type
Tenant
Originating System Id
A00001796
Parcel Number
249770249
Public Remarks
Excellent investment opportunity for today and the future. Leased Industrial Building in final 2 years of 5 year net lease with option to renew. Strong covenant. Tenant is a division of a 5 billion a year in sales ,United States Multi National company with a long history in the Automotive refinishing and repair products market. Extensive investment has been made in the infrastructure of the building including oversized ventilation system,Tyco/Ansul Sprinkler Fire Suppression System , Draiger Air Monitoring System,Nitrogen Generation System,Tank Farm,Back up Generators,Plug Alarms,Donaldson Air Filters and Heavy Electrical Power.Zoning is M-2 permitting heavy uses and outside storage. Location of buildings is in GTA and is accessed by major roads.Replacement cost of building far greater than purchase Price. Environmental Assessment available. Interior of buildings very clean.A tour should be booked too fully appreciate the investment.
