Home ›Listings ›Toronto ›W12412469

149 Milvan Drive Toronto W05 ON

📍 Toronto, Ontario M9L 1Z8

$4,495,000

Active
100.12×236.3LOT (FT)

📋 Listing Highlights

StatusActive
MLS®W12412469
ListedSep 18, 2025
Days on Market—
Property TypeCommercial
StyleIndustrial
Cross StreetIslington/Steeles/Finch

📝 Listing 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 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 Details

Property TypeCommercial
StyleIndustrial

📐 Lot & Land

Lot Width100.12 ft
Lot Depth236.3 ft
Lot Size0.54 sqft
Cross StreetIslington/Steeles/Finch

🔧 Building & Utilities

HeatingRadiant
CoolingPartial
GarageOutside/Surface

💰 Financial

List Price$4,495,000
Annual Taxes$35,859.06 (2025)

🧮 Mortgage Calculator

$899,000
Est. Monthly Payment
$22,083/mo
Principal: $3,596,000 · P+I only
Does not include taxes, insurance or CMHC
Listing provided by ROYAL LEPAGE CREDIT VALLEY REAL ESTATEData via PropTx MLS® / TRREB. Information deemed reliable but not guaranteed.MLS® #W12412469 · Last updated: Jul 14, 2026

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