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For saleMLS® W13768618

36-38 Milvan Drive, Toronto, ON M9L 1Z3

Humber Summit · W05 · M9L 1Z3

$26,250,000

$238 / sq ft

1 months on market

Total area
110,360 sf
Lot
263 × 409 ft

What's special

  • Outside/surface garage
  • Partial

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About this property

Exceptional opportunity to acquire a freestanding 110,360 SF industrial facility in Toronto's established Humber Summit industrial node. Strategically located with excellent access to Highways 400, 401 and407, as well as Pearson International Airport. The property features a functional warehouse configuration with 15'6" clear height, 16 truck-level shipping doors, 2 drive-in doors, and heavy power service (1,600 amps / 600 volts). E1 zoning allows for a broad range of industrial, commercial and institutional uses. Ideal for owner-users, investors, warehousing, distribution, manufacturing, and logistics operations.

Property details

Property

Property type
industrial
Interior size
110,360 sq ft
Lot size
263 × 409 ft
Zoning
E1.0
Possession
Immediate

Interior

Heating
Gas Forced Air Open
Cooling
Partial

Exterior & services

Garage
Outside/Surface

Costs

List price
$26,250,000
Property taxes
$166,372 / year (2025)
Price per sq ft
$238

Listing

MLS® number
W13768618
Status
For sale
Listed
September 10, 2026
Days on market
55
Last updated
September 14, 2026
Listing brokerage
COLLIERS

Price & sale history

This property's sale history is hidden

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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.

How this price compares

This home is priced above most comparable listings — about 100% of comparable industrial listings in Humber Summit are asking less.

$2.63MMedian $10.70M$14.42M
This home
$238 / sq ft
Comparable median
$449 / sq ft

Based on 9 comparable active industrial listings in Humber Summit. These are asking prices, not sale prices.

Mortgage estimate

Down payment20.0% · minimum $5,250,000
$5,250,000
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$116,112.60
Property tax (est.)
$13,864.32
Estimated monthly
$129,977

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
$642,725
Toronto municipal
$1,535,225
Total due on closing
$2,177,950

An estimate on the asking price of $26,250,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of COLLIERS. 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.

$26,250,000

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Comparable sales nearby

What similar homes in this area actually sold for.

Nearby sold prices are hidden

Recent closed sales for comparable homes in this area — the numbers that tell you whether the asking price is realistic.

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