149 Milvan Drive
Toronto W05, ON
10,330 sqft • Industrial • 338 days on market
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.
Listing Details
- Taxes (2025)
- $35,859
- Listed
- September 18, 2025
Price History
Property
- Lot Size
- 100.12 x 236.3 Feet
Utilities
- Sewer
- Sanitary+Storm
Location & Legal
- Cross Street
- Islington/Steeles/Finch
- Zoning
- E1
- Possession
- Flexible
Commercial
- Business Type
- Warehouse
- Occupancy
- Tenant
- Office / Apartment Area
- 4320 Sq Ft
Community
Postal area M9L
- Population
- 11,737
- Private dwellings
- 4,082
- Median age
- 41.6
- Average household size
- 3.1
- Median household income
- $81,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in Toronto W05 · last 12 months
- Median sold price
- $830,000
- Homes sold
- 789
- Median days on market
- 26
- Sale-to-list price
- 97.7%
Based on 789 recorded sales of commercial properties in Toronto W05 over the last 12 months.
Listed by
ROYAL LEPAGE CREDIT VALLEY REAL ESTATE
Location
Commercial figures
- Building area
- 10,330 sq ft
- Price per sq ft
- $435.14
- Annual property tax
- $35,859
- Tax per sq ft
- $3.47
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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