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140 Main Street E

1035 - OM Old Milton, Milton, L9T 1N6

$2,600,000

Reduced $200,000 from $2,800,000

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  • 5 bathrooms

Listed 39 days ago · MLS® W13769136

About this home

Rare 4,254 SF freestanding mixed-use investment opportunity on a 0.10-acre site in the heart of Downtown Milton on Main Street East. Situated on a 33.46' x 132.74' lot with Main Street exposure, signage visibility and rear parking. Originally built in 1913, and substantially renovated in 1998, while adding a two-storey rear addition with 2 more apartments, the building offers approximately 2,077 SF on the main floor and 2,177 SF of residential space above. The main floor includes approximately 1,750 SF of retail space currently built out as a hair salon/barber shop, plus approximately 327 SF at the rear containing two small garage/storage areas, additional office with 1/2 bath and access to the second floor. Commercial space is serviced by forced-air gas heat (approx 5 yrs old) and central air conditioning. The second floor contains three self-contained apartments: Unit 201 is approximately 1,025 SF with 2 bedrooms and 2 skylights; Unit 202 is approximately 625 SF with 1 bedroom and a skylight; and Unit 203 is approximately 500 SF with 1 bedroom and a skylight. Each apartment includes a 4-piece bathroom. Apartments feature electric baseboard heating and wall-mounted air conditioning. Building features 400-amp electrical service with separate metering for each tenant. Located within Milton's Central Business District with CBD-A zoning permitting a wide variety of commercial and residential uses. The property also forms part of the HUSP Urban Area, offering significant redevelopment and intensification potential. The existing two-storey building does not represent the site's full development potential, with opportunities for additional building height and density, subject to applicable zoning, planning requirements and municipal approvals. Downtown location close to municipal parking and Town Hall, with convenient access to Highway 401 via Regional Road 25. There is an information package on this property, please reach out to Agent for a copy.

Details

Type
Investment
Lot
33.46 × 132.74 ft
Garage
Double Detached
Property tax
$14,551 (2026)
Neighbourhood
1035 - OM Old Milton
Municipality
Milton

Interior

Bathrooms
5 × bathroom

Heating, cooling and services

Heating
Gas Forced Air Open
Utilities
Available

Building and exterior

Building area
4,254 Square Feet

More

Possession
Flexible
Cross street
Main St West from Martin, East from Bronte

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

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The neighbourhood

Getting around Walkable

  • 🚆 Milton GO2.0 km

Within a 10-minute walk: 1 grocery store, 27 cafés and restaurants, 6 parks, 4 pharmacies. Nearest grocery: Sargent Farms (200 m). Nearest park: Victoria Park (200 m).

Schools nearby

Elementary

  • Stirling Montessori Academy Private1 min walk
  • Martin Street Public School
    EQAO: Gr 6 reading 91%, math 44%    9 min walk
  • Holy Rosary Catholic Elementary School Catholic
    EQAO: Gr 6 reading 88%, math 40%    11 min walk
  • J. M. Denyes Public School
    EQAO: Gr 3 reading 64%, math 53%    12 min walk

Secondary

  • W. I. Dick Middle School17 min walk
  • Milton District High School
    EQAO: Gr 9 math 65%, literacy test 92%    1.3 km

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area L9T

Owners / renters
83% / 17%
Median household income
$126,000
Average age
35
Children under 15
24%
Homes
53% detached, 6% high-rise
Commute by transit
4%
Population
110,956

Languages spoken most at home besides English: Urdu 6.1%, Arabic 2.2%, Spanish 1.5%, Punjabi (Panjabi) 1.1%.

Flood and conservation No mapped hazard

Not inside a mapped flood plain or regulated area in Credit Valley Conservation’s mapping.

Screening maps only. Ask the conservation authority for a property inquiry before relying on this.

Safety

Crime Severity Index for Halton Region (Oakville/Burlington) police: 31 vs 57 for Ontario (2025).

Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Flood and regulation mapping: Credit Valley Conservation open data. Crime Severity Index: Statistics Canada.

Living here

Commute

To Union Station (downtown Toronto): 43 km. Transit times · Driving times

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by ROYAL LEPAGE MEADOWTOWNE REALTY.

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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