Address
400 Morobel Drive, Milton, ON
Price
$ 4,950,000
Property Attributes
  • ID#W12747922
  • TypeCommercial
  • Listing Status Sold Conditional
  • CityMilton
  • Area1034 - MN Milton North
  • Neighbourhood1034 - MN Milton North
  • Postal CodeL9T 4N6
  • StyleIndustrial
  • Taxes$ 24283
  • Price$ 4,950,000
  • Bedrooms0
  • Full Bathrooms8
  • Half Bathrooms0
  • Sqr Footage13600
  • Lot Size0.96 Acres
Data Source:
Toronto Real Estate Board (TRREB)
Property Description

Outstanding industrial investment opportunity in Milton, Ontario, with excellent Hwy 401access. This 13,600 SF, fully leased, 7-unit industrial complex sits on 0.922 acres and features five well-established, long-standing tenants, delivering strong, stable rental income. Each unit is separately metered, providing efficient tenant management. Located in one ofMilton's busy industrial nodes, the property offers long-term upside.

Price History
2/2/2026 Listed $5,500,000
3/12/2026 10$4,950,000

General Features

Cooling Partial
Utilities Available
Security Features Yes
Heater Type Gas Forced Air Closed
Property Subtype Industrial
Tax Year 2025
Lot Depth 247.17
Community Features Major Highway,Public Transit
County Halton
IndustrialAreaCode %
New Construction No
Property Type Commercial
Attached Garage No
Garage Y/N No
Status Sold Conditional
City Milton
Senior Community Y/N No
Lot Size Units Feet
Property Attached Y/N No
Tax Annual Amount 24283.0
Building Area Units Square Feet
Standard Status Active Under Contract
Occupancy Type Tenant

Interior Features

Clear Height Feet 14
Clear Height Inches 6
Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Elevator? No
Total Baths 8

Exterior Features

Garage Type Outside/Surface
Rail No
DriveInLevelShippingDoors 5
TruckLevelShippingDoors 2
Spa No
Building Area Total 13600.0
Lot Size Source MPAC
Waterfront Y/N No

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in L9T 4N6

Price
AVG $4.95M
$4.95M
Taxes
AVG $24,283
$24,283
Visits
AVG 335
334
Data Provided by Inside Real Estate®