Homula Realty Brokerage
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

177-181 Milvan Drive, Toronto, ON M9L 1Z9

Industrial
$13,200,000

Freestanding industrial building totaling approximately 40,000 SF on 1.70 acres in a prime North York location. Currently configured with a retail component, offering ample power, 14'-20' clear height, and a mix of truck-level and drive-in shipping.Excellent access to Highways 400, 401 and 407. Situated in a strong industrial market with limited supply and consistent demand.Ideal for food production, manufacturing, warehousing or distribution users. Rare opportunity to acquire a freestanding asset in a highly sought-after industrial corridor.

MLS number
W13046846
Type
Industrial
Status
Active
Bedrooms
Bathrooms
Postal code
M9L 1Z9
Photos
3
Property tax
$95,000 / year
139days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

No previous listings found for this address.

Where this property is

Pick a school to see the boundary it is inside. Boards redraw these — confirm with the board.

Estimated from the house-number range along this road: the right block of the right street, not the exact building. No address file publishes this house.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

School boundaries this address is inside

Daystrom Public School5.4 / 10
Elementary · Regular Track
TDSB boundary
Humber Summit Middle School5.9 / 10
Intermediate · Regular Track
TDSB boundary
Emery Collegiate Institute4.7 / 10
Secondary · Regular Track
TDSB boundary
Where these boundaries come from, and what they are worth

A school boundary is the area a board draws around a school. An address inside several of them is normal — boards publish a separate boundary per program, so regular track, French immersion and specialist programs each have their own.

Toronto. Read from the TDSB’s own School Search Map, one school at a time. The board states that the lines on that map are approximate and that the schools serving an individual address must be confirmed against its own address lookup — so the outline here shows you roughly where a boundary runs, and the board answers whether a particular house is in it. The map covers home schools only: French Immersion, gifted and the other optional programs have their own boundaries and their own admission rules, and are not shown.

Homula cannot tell you which school a child will attend. Boards move boundaries, hold students at capacity, cap programs and grant exceptions, and none of that is in any published file. The board is the only authority: TDSB Find Your School.

Sources: TDSB School Search Map — the board states these lines are approximate and that individual addresses must be confirmed against its own lookup.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
St Roch Catholic School
Toronto CDSB
Elementary478 m6.5 / 10
65% met the standard
Gracedale Public School
Toronto DSB
Elementary628 m5.3 / 10
53% met the standard · 3 of 6 measures
Venerable John Merlini Catholic School
Toronto CDSB
Elementary1.2 km8.2 / 10
82% met the standard
Success Academy CanadaElementary and secondary1.5 kmNot reported
Nile Academy Blue Haven CampusElementary and secondary1.6 kmNot reported
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 636 people.

$82,000Median household income
81.3%Own their home
2.4%Detached houses
37.6Median age
60%Born outside Canada
16.5%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35201889 — the few blocks around this address, home to 636 people. It describes the area, not this property.

636Population
40.9Average age
3Household size
$87,000Average household income
$82,000Median household income
81%Own their home
19%Rent
4%Condominiums
60%Born outside Canada
17%University degree
$810,000Average home value
12%Low income
64%Not in the labour force
40%Never married
$25,000 to $29,9994%
$30,000 to $34,9994%
$35,000 to $39,9992%
$40,000 to $44,9996%
$45,000 to $49,9992%
$50,000 to $59,9999%
$60,000 to $69,9994%
$70,000 to $79,9992%
$80,000 to $89,9996%
$90,000 to $99,9997%
$100,000 and over28%
$100,000 to $124,9996%
$125,000 to $149,9994%
$150,000 to $199,99911%
$200,000 and over7%

Percentages are of the 270 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$2,640,000 · minimum here is $2,640,000
$58,446.74per month
Borrowed before insurance$10,560,000
Total borrowed$10,560,000
Interest over 25 years at 4.5%$6,974,023

If you rented it out

-$66,363.41per month out of pocket
Rent$0.00
Everything it costs to hold$66,363.41
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

What’s being built nearby

Planning applications within 500 m — 4 still in progress.

139 MILLWICK DR242 m
Under Review · applied March 12, 2026

The proposed development involves a ground floor addition at the rear of the existing place of worship building, along with interior alterations.

City planning file →
135 PLUNKETT RD474 m
Under Review · applied August 18, 2025

Proposed six blocks of stacked, back to back townhouses. A total of 135 units are proposed. One level of underground parking is proposed.

City planning file →
135 PLUNKETT RD474 m
OMB Appeal · applied September 18, 2023

The proposal is for six blocks of stacked, back-to-back townhouses containing 151 units

City planning file →
135 PLUNKETT RD474 m
Under Review · applied December 5, 2017

Draft Plan of Subdivision to permit the development of 16 new residential lots (15 pairs of semi-detached dwellings and 1 detached dwelling). The new dwellings would be three-storeys in height.

City planning file →
135 PLUNKETT RD474 m
Closed · applied April 24, 2023

This is an application for 111 Plunkett not 135, IBMS Support ticket has been started. Proposal to create 42 lots.

City planning file →
48 MILLWICK DR408 m
Closed · applied November 29, 2017

Construction of a steel building on a concrete wall foundation to be used for the purpose of stoarge of non-hazardous solid waste and processing facility (transfer Station).

City planning file →
21 ST. GASPAR CRT438 m
Closed · applied May 3, 2013

Proposed amendments to the City of North York Zoning By-law No. 7625 to permit the development of 21 residential semidetached buildings (42 dwellings). See folder 13 162112 WET 07 SB for related subdivision application.

City planning file →
135 PLUNKETT RD474 m
Closed · applied May 3, 2013

Draft Plan of Subdivision to permit the development of 21 residential semidetached buildings (42 dwellings). See folder 13 162096 WET 07 OZ for related rezoning application.

City planning file →
What these are

These are applications made to the City — a proposal to build something, not a decision that it will be built. Many are refused, withdrawn, reduced, or approved and then left for years. The status shown is the one the City last recorded, and each entry links to the City’s own file, which is the authoritative record.

Whether a nearby development is welcome depends on what you want from a street, so this panel reports what has been applied for and leaves the judgement to you.

Contains information licensed under the Open Government Licence – Toronto. Toronto only for now; other municipalities publish this differently or not at all.

Listed by VANGUARD REALTY BROKERAGE CORP.. Listing data provided by the Toronto Regional Real Estate Board.