50 Steeles Ave E - Warehouse FOR SALE


Milton, ON L9T 4X1- Milton/Halton Hills
$999,999 CAD
289-670-9705
50 Steeles Ave E, Milton, ON for Sale
$999,999 CAD
Warehouse - FOR SALE
1/3
null | 4.56% Cap Rate

NEW


50 Steeles Ave E
Milton, ON L9T 4X1
Milton/Halton Hills


HIGHLIGHTS

  • Prime Milton Location – One of the GTA's fastest-growing municipalities with strong commercial and industrial demand.

OVERVIEW

Attention Brokers: Strong Milton Investment Opportunity with Stable Income and Rental Upside Bring your investor clients to explore this well-positioned income-producing property, offered at $999,999. The property currently generates approximately $3,800 per month in net operating income, representing an estimated 4.56% cap rate based on the current income. The real value lies in the opportunity for future income growth. The property is currently leased to a stable tenant who has occupied the premises for more than five years, providing an established rental history and dependable cash flow. The current rent is believed to be below market, creating an opportunity for a purchaser to gradually increase rental income over time, subject to the existing lease terms and applicable regulations. As the net operating income increases, there is potential for both an improved cap rate and increased property value. Investment Highlights: • Stable tenant with more than five years of occupancy • Approximately $45,600 in annual net operating income • Current estimated cap rate of 4.56% • Below-market rent with future rental upside • Opportunity to increase income and strengthen long-term property value • Attractive Milton location with continued growth and demand This is an excellent opportunity for an investor seeking immediate income, tenant stability and long-term appreciation potential. Brokers are encouraged to bring their qualified clients and explore the upside this property offers.

FOR SALE DETAILS

PRICE

$999,999 CAD

PRICE/SF

$35 CAD /SF

CAP RATE

4.56%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

undefined, Fast Food, Service Station

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1981

UTILITIES

-

CLEAR CEILING HT

14 Ft

DOCKS

-

DRIVE INS

1

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.69

LAND SF

30,000

ZONING

M1

APN/PARCEL ID

240901000368110,240901000384494

ASK ABOUT THIS PROPERTY

Evelyn SantizoSoldbig Realty Inc., BrokerageMore Info
289-670-9705

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Evelyn SantizoSoldbig Realty Inc., BrokerageMore Info
289-670-9705

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.