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50 Steeles Ave E 28,299 SF 100% Leased Industrial Building Milton, ON L9T 4X1 $999,999 CAD ($35.34 CAD/SF) 4.56% Cap Rate
Investment Highlights
- Prime Milton Location – One of the GTA's fastest-growing municipalities with strong commercial and industrial demand.
Executive Summary
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.
Property Facts
Amenities
- Signage
About 50 STEELES AVE E , MILTON, ON L9T 4X1
Excellent commercial investment opportunity in Milton, offered at $999,999. The property is currently occupied by a stable long-term tenant with more than five years of occupancy, providing consistent rental income and an established tenancy history. Current monthly income is approximately $3,800, representing an estimated cap rate of approximately 4.56%, subject to verification of lease terms and operating expenses. The existing rent is believed to be below market, offering potential for future rental increases and improved long-term income performance. The property also offers two parking spaces and benefits from Milton’s continued growth, strong business activity and access to major transportation routes. Ideal for investors seeking stable occupancy, immediate income and long-term rental upside. Financial information, lease documentation and additional property details are available to qualified buyers upon request.
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50 Steeles Ave E
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