158 Mill Street
Old Milton, Milton, L9T 1S2
$1,295,000
For sale · MLS® W12550540






























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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
- Property type
- Investment
- Bathrooms
- 3
- Heating
- Gas Forced Air Closed
- Air conditioning
- Yes
- Garage
- Outside/Surface
- Lot frontage
- 27.55
- Lot depth
- 132.39
- Lot units
- Feet
- Cross streets
- Martin St. / Main St.
- Property taxes
- $8,752
- Tax year
- 2025
- Possession
- TBC
- MLS® number
- W12550540
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Listing courtesy of LEE & ASSOCIATES COMMERCIAL REAL ESTATE INC..
Book a showing
Ask a question or book a visit — a Saigal Realty agent will reply quickly. Or call (905) 876-4126.
MLS® listing content displayed under TRREB license. CREA trademarks used under license where listing data is shown. Saigal Realty Inc., Brokerage — brokerage registered with the Real Estate Council of Ontario (RECO). Data last updated May 4, 2026, 2:15 p.m..
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
