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Home · Buy · Toronto W05 · 149 Milvan Drive, Toronto, ON M9L 1Z8
149 Milvan Drive, Toronto, ON M9L 1Z8
149 Milvan Drive, Toronto, ON M9L 1Z8
149 Milvan Drive, Toronto, ON M9L 1Z8
149 Milvan Drive, Toronto, ON M9L 1Z8
149 Milvan Drive, Toronto, ON M9L 1Z8+ 13 photos
For Sale · Industrial

149 Milvan Drive, Toronto, ON M9L 1Z8

Toronto W05 · Humber Summit
Outside/Surface garage
0
Beds
—
Baths
0
Parking
10330 sq ft
Sq ft
—
Built
The honest picture
List price
$4,495,000
Renavu Estimate
—
Benchmark · All homes
$817,400
Listed 450% above the Humber Summit benchmark for all homes homes (TRREB HPI, June 2026). Estimate for guidance only — not an appraisal.

About this home

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

Listed on
September 18, 2025
Days on market
309 days
Property tax
$35,859.06 (2025)
Lot
100.12 × 236.3 Feet
Heating
Radiant
Cooling
Partial
MLS®
W12412469

Full details

Parking
GarageOutside/Surface

Property & sold history

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Run the numbers

True cost to close
What you actually need in cash — land transfer tax, closing costs, and your down payment.
Purchase price
$
Down payment · 20.0%
$
Down:or type any amount above
Homes over $1.5M require a minimum 20% down payment.
Legal fees
$
Title insurance
$
Home inspection
$
Ontario land transfer tax$98,850
Toronto municipal LTT$118,750
Legal · title · inspection$2,800
Closing costs$220,400
Down payment$899,000
Total cash to close$1,119,400
Estimates only, not legal or tax advice. Ontario LTT rates 2025; City of Toronto MLTT applies inside Toronto (incl. Scarborough, North York, Etobicoke, York, East York). Durham and Markham buyers pay no municipal LTT.
$4,495,000
MLS® W12412469 · Listed by ROYAL LEPAGE CREDIT VALLEY REAL ESTATE
Call The Renavu Team
Shan Perinpanathan
Shan Perinpanathan
Real Estate Broker, ABR, SRS
416.655.4040
Pam Thiyagarajah
Pam Thiyagarajah
Sales Representative
416.436.0546
Ragu Rajaguru
Ragu Rajaguru
Real Estate Broker
416.712.2006
One team. No spam. We reach out once — when you ask.

Listing courtesy of ROYAL LEPAGE CREDIT VALLEY REAL ESTATE. Presented by Royal LePage Ignite Realty, Brokerage. Data provided by TRREB — deemed reliable but not guaranteed; for consumers' personal, non-commercial use. Listing information last updated April 1, 2026.

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