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For saleMLS® W14102598

58 Milvan Drive, Toronto, ON M9L 1Z3

Humber Summit · W05 · M9L 1Z3

$13,800,000

$375 / sq ft

2 weeks on market

Bathrooms
11
Total area
36,804 sf
Lot
1.2 × 0 ft

What's special

  • Outside/surface garage
  • Yes

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About this property

Turnkey manufacturing facility in Humber Summit, ready for production. Heavy power with 1,200 amps and a 5-ton bridge crane in place. Bright production floor with new LED lighting, HVAC and up to 22'10" clear. 4 drive-in doors incl. one oversized 16'x10'. E 1.0 zoning supports a wide range of industrial uses. Bonus 2,471 sf steel mezzanine adds storage or production space. Modern two-storey office ideal for head office. New roof and 2022 addition. Clean environmental reports available. Minutes to Hwy 400, 401 and 407, with a TTC stop at the door for easy access to skilled labour.

Property details

Property

Property type
industrial
Bathrooms
11
Interior size
36,804 sq ft
Zoning
E1.0
Possession
Speak to LA

Interior

Heating
Gas Forced Air Open
Cooling
Yes

Exterior & services

Garage
Outside/Surface
Sewer
Sanitary+Storm

Costs

List price
$13,800,000
Property taxes
$91,315 / year (2026)
Price per sq ft
$375

Listing

MLS® number
W14102598
Status
For sale
Listed
October 21, 2026
Days on market
14
Last updated
October 22, 2026
Listing brokerage
AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES, LP

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.

How this price compares

This home is priced above most comparable listings — about 78% of comparable industrial listings in Humber Summit are asking less.

$2.63MMedian $10.70M$18.77M
This home
$375 / 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 $2,760,000
$2,760,000
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$61,042.05
Property tax (est.)
$7,609.55
Estimated monthly
$68,652

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
$331,475
Toronto municipal
$663,475
Total due on closing
$994,950

An estimate on the asking price of $13,800,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES, LP. 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.

$13,800,000

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58 Milvan Drive, Toronto, ON M9L 1Z3 For Sale — $13,800,000