158 Mill Street
Milton, ON
- 3 bath
- 2,400 sqft
- Investment
- 291 days on market
Excellent opportunity to own a fully leased mixed-use building just one block north of Main and Martin Street in Milton's Downtown Core. This well-maintained property features a new roof (2025), and newly updated interior and exterior, strong curb appeal, and functionality for both commercial and residential uses. The main floor offers approximately 1,200 sq. ft. of versatile retail space with a full basement ideal for retail, restaurant, personal service, or professional office uses. Currently tenanted by a Dog Grooming Salon. The upper level features two self-contained 600 sq. ft. one-bedroom residential apartments, each with separate utilities, providing stable rental income. All units are separately metered and equipped with individual furnaces and electrical panels, ensuring easy management and efficiency. Strong rental income providing a 5% + cap rate.
Listing Details
- Taxes (2025)
- $8,752
- Originally Listed
- $1,495,000
- Listed
- November 17, 2025
Price History
Property
- Lot Size
- 27.55 x 132.39 Feet
Parking
- Garage
- Outside/Surface
Location & Legal
- Cross Street
- Martin St. / Main St.
- Zoning
- CBD-A
- Parcel Number
- 249510159
- Possession
- Flexible
- Occupancy
- Tenant
Commercial
- Office / Apartment Area
- 1200 Sq Ft
Included
- Inclusions
- Existing Furnaces, Air Conditioners, and Water Heaters
- Exclusions
- Any Tenant Fixtures
Community
Postal area L9T
- Population
- 110,956
- Private dwellings
- 34,110
- Median age
- 36.4
- Average household size
- 3.3
- Median household income
- $126,000
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 Milton · last 12 months
- Median sold price
- $923,000
- Homes sold
- 1,492
- Median days on market
- 21
- Sale-to-list price
- 98.2%
Based on 1,492 recorded sales of commercial properties in Milton over the last 12 months.
Listed by
LEE & ASSOCIATES COMMERCIAL REAL ESTATE INC.
Walk Score
Walk
Transit
Bike
Scores by Walk Score®
Location
Street View
Commercial figures
- Building area
- 2,400 sq ft
- Price per sq ft
- $539.58
- Annual property tax
- $8,752
- Tax per sq ft
- $3.65
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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