624 McGeachie Drive, Milton, ON L9T 3Y5
1034 - MN Milton North, Milton · Near harrop Rd. and McGeachie Dr. · View map
About this home
Solid Investment for the future. Net leased industrial building in 4th year of 5 year term.5 year Renewal option in lease. Rates to be negotiated in 5th year. Tenant is Axalta Coating Systems, a premier global manufacturer of automotive coatings and repair products.Majority of distribution from this plant. Two plants in Milton area are an integral part of Companies global operations.Roof replaced in 2024. Numerous upgrades to building including Tyco, Ansul sprinkler fire suppression system, Draiger air monitoring system, back up generators and nitrogen regeneration system. 800 amp/600 volt electrical system.M-2 zoning with outside storage. Replacement cost of building far greater than list price.Very desirable location close too 400 series highways and skilled labor pool. Vendor would like 624 and 604 McGeachie sold to one Buyer.
The home
- Type
- Investment
- Square footage
- 30500 sq ft
- Lot size
- 211.7 x 332.8 ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Security
- Yes
Heating & cooling
- Heating type
- Gas Forced Air Closed
- Air conditioning
- Partial
Garage & parking
- Total parking
- None
Taxes & other
- Property taxes
- $71,851/yr
- Tax year
- 2025
- Occupancy
- Tenant
- Possession
- TBD
- Cross street
- harrop Rd. and McGeachie Dr.
- Neighbourhood
- 1034 - MN Milton North
More
- MLS® number
- W14177952
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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.
624 McGeachie Drive, Milton, ON L9T 3Y5
1034 - MN Milton North, Milton · Near harrop Rd. and McGeachie Dr.
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Listing history for 624 McGeachie 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 624 McGeachie Drive
Answers come straight from this home’s MLS® listing.
How much is 624 McGeachie Drive listed for, and what would it cost each month?
624 McGeachie Drive is listed for $12,500,000. With 20% down ($2,500,000), the mortgage payment would be roughly $50,422 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $56,409 a month, all in. That figure is an illustration, not a quote.
Is 624 McGeachie Drive freehold or a condo, and is there a monthly fee?
624 McGeachie Drive is a investment 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 624 McGeachie Drive have a garage and parking?
The listing does not show a garage. The listing does not include a parking space.
What style of home is 624 McGeachie Drive?
624 McGeachie Drive is an investment. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How big is 624 McGeachie Drive, and what is the lot size?
The lot is listed as 211.7 x 332.8 ft.
How is 624 McGeachie Drive heated and cooled?
Heating is gas forced air closed. Cooling is partial.
What are the property taxes for 624 McGeachie Drive?
Property taxes are $71,851 a year (2025), or about $5,988 a month.
Where is 624 McGeachie Drive?
624 McGeachie Drive is in the 1034 - MN Milton North community of Milton. The nearest main intersection is harrop Rd. and McGeachie Dr.. The postal code is L9T 3Y5.
Is 624 McGeachie Drive still for sale?
Yes. It is an active listing (MLS® W14177952). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 624 McGeachie Drive asking?
Similar properties for sale nearby right now include 604 Mcgeachie Drive S at $12,750,000, 100 Bronte Street S at $12,250,000 and 5193 Eighth Line at $13,999,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 624 McGeachie 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 624 McGeachie 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.
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Farm$13,999,0005193 Eighth Line, Milton3 bath · 1044 - TR Rural TrafalgarCourtesy of: RE/MAX REALTY SPECIALISTS INC.View home →Courtesy of: Nucorp Realty International
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.