Salehian.com 647-325-5000

158 Mill Street

1035 - OM Old Milton, Milton, L9T 1S2

$1,295,000

Reduced $200,000 from $1,495,000

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  • 3 bathrooms

Listed 337 days ago · MLS® W12550540

About this home

Excellent opportunity to own a fully leased mixed-use building just one block north of Main and Martin Street in Milton's Downtown Core. This well-maintained property features a new roof (2025), and newly updated interior and exterior, strong curb appeal, and functionality for both commercial and residential uses. The main floor offers approximately 1,200 sq. ft. of versatile retail space with a full basement ideal for retail, restaurant, personal service, or professional office uses. Currently tenanted by a Dog Grooming Salon. The upper level features two self-contained 600 sq. ft. one-bedroom residential apartments, each with separate utilities, providing stable rental income. All units are separately metered and equipped with individual furnaces and electrical panels, ensuring easy management and efficiency. Strong rental income providing a 5% + cap rate.

Details

Type
Investment
Lot
27.55 × 132.39 ft
Garage
Outside/Surface
Property tax
$8,752 (2025)
Neighbourhood
1035 - OM Old Milton
Municipality
Milton

Interior

Bathrooms
3 × bathroom

Heating, cooling and services

Heating
Gas Forced Air Closed
Air conditioning
Yes
Utilities
Available

Building and exterior

Building area
2,400 Square Feet

More

Possession
TBC
Cross street
Martin St. / Main St.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

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The neighbourhood

Getting around Walkable

  • 🚆 Milton GO1.9 km

Within a 10-minute walk: 1 grocery store, 28 cafés and restaurants, 6 parks, 4 pharmacies. Nearest grocery: Sargent Farms (50 m). Nearest park: Centennial Park (150 m).

Schools nearby

Elementary

  • Stirling Montessori Academy Private3 min walk
  • Martin Street Public School
    EQAO: Gr 6 reading 91%, math 44%    7 min walk
  • Holy Rosary Catholic Elementary School Catholic
    EQAO: Gr 6 reading 88%, math 40%    8 min walk
  • J. M. Denyes Public School
    EQAO: Gr 3 reading 64%, math 53%    13 min walk

Secondary

  • W. I. Dick Middle School15 min walk
  • Milton District High School
    EQAO: Gr 9 math 65%, literacy test 92%    1.4 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 LEE & ASSOCIATES COMMERCIAL REAL ESTATE INC..

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

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