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624 Mcgeachie Drive

624 Mcgeachie Drive

Milton, ON

  • 30,500 sqft
  • Investment
  • 104 days on market
$14,800,000

Excellent investment opportunity for today and the future. Net Leased Industrial Building 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.

Listing Details

Taxes (2025)
$56,204
Listed
May 27, 2026

Price History

Property

Lot Size
211.7 x 332.81 Feet

Parking

Garage
None

Utilities

Sewer
Sanitary+Storm

Location & Legal

Cross Street
Harrop Rd. And Mcgeachie Dr.
Zoning
M-2
Parcel Number
249770249
Possession
Other
Occupancy
Tenant

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
$920,000
Homes sold
1,488
Median days on market
21
Sale-to-list price
98.2%

Based on 1,488 recorded sales of commercial properties in Milton over the last 12 months.

Listed by

Nucorp Realty International

Walk Score

Walk Score is unavailable for this address right now.

Commercial figures

Building area
30,500 sq ft
Price per sq ft
$485.25
Annual property tax
$56,204
Tax per sq ft
$1.84

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

Reita | Assistant

Online

Reita said:

Reita is an automated assistant, not a licensed real estate agent. This listing mentions Back up Generators. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?

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