158 Mill Street, Milton, ON L9T 1S2
Old Milton · L9T 1S2
$1,295,000
$540 / sq ft11 months on market
- Bathrooms
- 3
- Total area
- 2,400 sf
- Lot
- 27.55 × 132.39 ft
What's special
- Outside/surface garage
- Yes
About this property
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
Property
- Property type
- investment
- Bathrooms
- 3
- Interior size
- 2,400 sq ft
- Lot size
- 27.55 × 132.39 ft
- Zoning
- CBD-A
- Possession
- TBC
Interior
- Heating
- Gas Forced Air Closed
- Cooling
- Yes
Exterior & services
- Garage
- Outside/Surface
Costs
- List price
- $1,295,000
- Property taxes
- $8,752 / year (2025)
- Price per sq ft
- $540
Listing
- MLS® number
- W12550540
- Status
- For sale
- Listed
- November 17, 2025
- Days on market
- 353
- Last updated
- May 4, 2026
- Listing brokerage
- LEE & ASSOCIATES COMMERCIAL REAL ESTATE INC.
Price & sale history
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Before you make an offer
What this home costs beyond the asking price, and how that price compares to what else is on the market.
Mortgage estimate
- Principal & interest
- $6,582.48
- Property tax (est.)
- $729.34
- Estimated monthly
- $7,312
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Land transfer tax
Payable on closing, on top of the purchase price.
- Ontario
- $22,375
- Total due on closing
- $22,375
An estimate on the asking price of $1,295,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of LEE & ASSOCIATES COMMERCIAL REAL ESTATE INC.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
Comparable sales nearby
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