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For Lease · Industrial

57 STEELES Avenue E, Milton

57 STEELES Avenue E, Milton, ON L9T1X9

Price on request

1,120 SF

Asset Class

Industrial

Size

1,120 SF

Building class

B

Zoning

IM — Medium Industrial

$ / SF

—

Occupancy

92%

Clear height

19 ft

Loading docks

8

About this property

Prime commercial freestanding unit for lease in a high-visibility Milton location, offering immediate possession for a vacant space with utilities fully included at $4,000 + HST per month. Situated directly along a major thoroughfare with heavy daily traffic and continuous street exposure, the property features a single-story layout with direct street entry, display windows, dedicated customer space, and prominent exterior signage potential. The site includes an expansive paved lot with generous parking for clients, work fleets, or equipment staging, making it an ideal turn-key opportunity for automotive detailing, rental, trade, or specialty commercial operations seeking seamless access to major regional transit and highway corridors. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy92%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$79K

Annual cash flow

$-4K

Cash-on-cash

-0.97%

DSCR

0.95

Going-in cap

5.25%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Rent roll (estimated)

TenantAreaExpiry
Blue Harbour Design667 SF2030-10
Blue Harbour Design400 SF2030-10
Blue Harbour Design400 SF2030-10
Blue Harbour Design400 SF2030-10

Area demographics

Trade area within 3 miles of the property.

Population

75,226

Households

30,200

Median income

$77,000

Median age

42.6

Daytime population

91,501

5-yr growth

1.5%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 57 STEELES Avenue E, Milton.

NDA required

  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.