149-151 Milvan Dr 10,330 SF 100% Leased Industrial Building Toronto, ON M9L 1Z8 $3,246,659 USD ($314.29 USD/SF)

This fully leased industrial facility, located on Milvan Drive in North York between Steeles Avenue and Islington Avenue, is available for the first time in over 60 years. The well-maintained building consists of two units, each equipped with multiple drive-in shipping doors. Zoned E1, the property offers flexibility for a wide range of business operations, including warehousing, manufacturing, and automotive uses. In total, the building features four drive-in doors—two measuring 10 feet by 10 feet and two measuring 10 feet by 12 feet. A large, fenced, and paved rear yard provides potential for open storage. Natural light is abundant throughout the building, with windows in both office and warehouse areas. The property is 100% leased, with both leases set to expire at the end of 2026, allowing for vacant possession thereafter. While both tenants have expressed interest in staying, this presents an excellent opportunity for a future owner-occupier to benefit from holding income. The building includes functional office layouts across two floors, with each unit offering approximately 2,000 square feet of office space and 3,150 square feet of warehouse or manufacturing space. Some cosmetic updates may be needed to modernize the interiors