Tej Thakor Broker of Record / Owner 647-684-1731
For Sale
MLS®# W12550540

158 Mill Street, Milton, ON L9T 1S2

Milton, ON L9T 1S2

$1,295,000 Est. $5,500/mo · 20% down, 25-yr, 4.09% ↓ $100,000 (-7.2%)
3Baths
28 × 132 ftLot
InvestmentType

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 Summary

Property TypeInvestment
Community Name1035 - OM Old Milton
Land Size27.55 x 132.39 ft
Annual Property Taxes$8,752.00
Tax Year2025
Parking TypeOutside/Surface Garage

Building details

Bathrooms / washrooms3
Property typeInvestment

Lot & land

Lot dimensions28 × 132 ft
Lot frontage28 ft
Lot depth132 ft

Interior Features

InclusionsExisting Furnaces, Air Conditioners, and Water Heaters
ExclusionsAny Tenant Fixtures

Building Features

StyleInvestment

Heating & Cooling

CoolingYes
Heating TypeGas Forced Air Closed

Parking

Parking TypeOutside/Surface Garage

Taxes & fees

Annual taxes$8,752 (2025)

Listing history

On market sinceNov 17, 2025
Original list price$1,495,000

Location

Milton, ON L9T 1S2
Listed by LEE & ASSOCIATES COMMERCIAL REAL ESTATE INC., Brokerage · Listing data sourced from TRREB®, refreshed nightly.
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The trademarks REALTOR®, REALTORS®, MLS®, Multiple Listing Service® and the associated logos are owned or controlled by The Canadian Real Estate Association (CREA). Used under licence. Information deemed reliable but not guaranteed. Tej Thakor is a Broker of Record at Royal LePage Terra Realty.
Call Tej Now 647-684-1731
158 Mill Street, Milton, ON L9T 1S2