400 Morobel Drive, Milton, ON L9T 4N6
1034 - MN Milton North, Milton · Near Steeles Ave. E. / Martin St. · View map
About this home
Outstanding industrial investment opportunity in Milton, Ontario, with excellent Hwy 401access. This 13,600 SF, fully leased, 7-unit industrial complex sits on 0.922 acres and features five well-established, long-standing tenants, delivering strong, stable rental income. Each unit is separately metered, providing efficient tenant management. Located in one ofMilton's busy industrial nodes, the property offers long-term upside.
The home
- Type
- Industrial
- Square footage
- 13600 sq ft
- Bathrooms
- 8
- Lot size
- 170.4 x 247.2 ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Security
- Yes
Heating & cooling
- Heating type
- Gas Forced Air Closed
- Air conditioning
- Partial
Garage & parking
- Garage
- Outside/Surface
- Total parking
- None
Taxes & other
- Property taxes
- $24,283/yr
- Tax year
- 2025
- Occupancy
- Tenant
- Possession
- TBC
- Cross street
- Steeles Ave. E. / Martin St.
- Neighbourhood
- 1034 - MN Milton North
More
- MLS® number
- W12747922
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
400 Morobel Drive, Milton, ON L9T 4N6
1034 - MN Milton North, Milton · Near Steeles Ave. E. / Martin St.
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Listing history for 400 Morobel Drive
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 400 Morobel Drive
Answers come straight from this home’s MLS® listing.
How much is 400 Morobel Drive listed for, and what would it cost each month?
400 Morobel Drive is listed for $4,950,000. With 20% down ($990,000), the mortgage payment would be roughly $19,967 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $21,991 a month, all in. That figure is an illustration, not a quote.
Is 400 Morobel Drive freehold or a condo, and is there a monthly fee?
400 Morobel Drive is a industrial in 1034 - MN Milton North, Milton. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
Does 400 Morobel Drive have a garage and parking?
Yes. The listing shows the garage as outside/surface. The listing does not include a parking space.
What style of home is 400 Morobel Drive?
400 Morobel Drive is an industrial. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How big is 400 Morobel Drive, and what is the lot size?
The lot is listed as 170.4 x 247.2 ft.
How is 400 Morobel Drive heated and cooled?
Heating is gas forced air closed. Cooling is partial.
What are the property taxes for 400 Morobel Drive?
Property taxes are $24,283 a year (2025), or about $2,024 a month.
Where is 400 Morobel Drive?
400 Morobel Drive is in the 1034 - MN Milton North community of Milton. The nearest main intersection is Steeles Ave. E. / Martin St.. The postal code is L9T 4N6.
Is 400 Morobel Drive still for sale?
Yes. It is an active listing (MLS® W12747922). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 400 Morobel Drive asking?
Similar properties for sale nearby right now include 141 Chisholm Drive at $4,000,000, 32 Bronte Street S at $5,000,000 and 24 - 11791 Derry Road at $5,350,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 400 Morobel Drive sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 400 Morobel Drive?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near 1034 - MN Milton North, picked by style, size and price.
Land$4,000,000141 Chisholm Drive, Milton1034 - MN Milton NorthCourtesy of: RE/MAX GOLD REALTY INC.View home →
Commercial retail$5,000,00032 Bronte Street S, Milton1035 - OM Old MiltonCourtesy of: LUXE DREAM HOME REALTY LTD.View home →
Industrial$5,350,00024 - 11791 Derry Road, Milton1030 - DG Derry GreenCourtesy of: KOLT REALTY INC.View home →Courtesy of: LEE & ASSOCIATES COMMERCIAL REAL ESTATE INC.
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.