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For Sale

158 Mill Street, Milton, ON L9T 1S2

$1,295,000

  • 3 Bathrooms
  • Investment
  • MLS® W12550540

Listing Brokerage: LEE & ASSOCIATES COMMERCIAL REAL ESTATE INC.

Description

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.

Property details

MLS® number
W12550540
Transaction
For Sale
Property type
Commercial
Style / use
Investment
Community
1035 - OM Old Milton
City
Milton
Bathrooms
3
Building area
2400 Square Feet
Lot width
27.55 Feet
Lot depth
132.39 Feet
Heating
Gas Forced Air Closed
Cooling
Yes
Garage
Outside/Surface
Taxes
$8,752.04
Tax year
2025
Office area
1200
Retail area
1200
Clear height (ft)
10
Listing brokerage
LEE & ASSOCIATES COMMERCIAL REAL ESTATE INC.

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