390 Silver Star Boulevard Unit 133, Toronto E07

Price: $1,098,000

0 bedrooms, 0 bathrooms

915 sqft

Property Type: New Construction

MLS#: E13567224

Excellent Commercial Retail Investment Opportunity In A Prime Scarborough Commercial Plaza China City directly across from 24hr Asia Foodmart! Approx. 915 Sq Ft Retail Unit In A Modern Mixed-Use Commercial Building Only 2 Years New. Strong Investment With Established Tenant In PlacePaying $6296.05 Total including HST (3,663.60 Per Month Net $43,963.20 Annually) Based On $48.00/Sq Ft Base Rent, With Lease In Place Until July 31, 2031. Stable Long-Term Income With Excellent Investment Potential. Strategically Located At Silver Star Blvd & Midland Ave In One Of Scarborough's Busiest Commercial Corridors With Excellent Exposure, Strong Daily Traffic & Ample Surface Parking. Surrounded By Established Retail, Restaurants, Professional Offices, Warehouses & Industrial Businesses Generating Consistent Customer Traffic. Convenient Access To TTC Transit, Finch Ave E, Steeles Ave E, Kennedy Rd, Midland Ave, McNicoll Ave, Highway 401 & Highway 404. Minutes To Milliken GO Station, Pacific Mall, Market Village, Splendid China Mall, Woodside Square, Costco, Home Depot & Numerous Restaurants, Retailers & Professional Services. Excellent Opportunity For Investors Seeking Stable Cash Flow In A High-Demand Commercial Plaza

390 Silver Star Boulevard Unit 133 - New Construction photo 1 of 9 in Agincourt / Milliken, Ontario
390 Silver Star Boulevard Unit 133 - New Construction photo 2 of 9 in Agincourt / Milliken, Ontario
390 Silver Star Boulevard Unit 133 - New Construction photo 3 of 9 in Agincourt / Milliken, Ontario
390 Silver Star Boulevard Unit 133 - New Construction photo 4 of 9 in Agincourt / Milliken, Ontario
390 Silver Star Boulevard Unit 133 - New Construction photo 5 of 9 in Agincourt / Milliken, Ontario
390 Silver Star Boulevard Unit 133 - New Construction photo 6 of 9 in Agincourt / Milliken, Ontario
390 Silver Star Boulevard Unit 133 - New Construction photo 7 of 9 in Agincourt / Milliken, Ontario
390 Silver Star Boulevard Unit 133 - New Construction photo 8 of 9 in Agincourt / Milliken, Ontario
390 Silver Star Boulevard Unit 133 - New Construction photo 9 of 9 in Agincourt / Milliken, Ontario
active
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$1,098,000 - 390 Silver Star Boulevard Unit 133, Agincourt

New Construction for Sale in Agincourt

39 days on market

Neighbourhood: Milliken

0Beds
0Baths
915Sq Ft
New Construction
Property Details
MLS Number
E13567224
Property Type
New Construction
Status
active
Days on Site
39
Bedrooms
0
Bathrooms
0
Square Feet
915 sqft
Neighbourhood
Agincourt / Milliken
Listing Brokerage
HOMELIFE LANDMARK RH REALTY
Description

Excellent Commercial Retail Investment Opportunity In A Prime Scarborough Commercial Plaza China City directly across from 24hr Asia Foodmart! Approx. 915 Sq Ft Retail Unit In A Modern Mixed-Use Commercial Building Only 2 Years New. Strong Investment With Established Tenant In PlacePaying $6296.05 Total including HST (3,663.60 Per Month Net $43,963.20 Annually) Based On $48.00/Sq Ft Base Rent, With Lease In Place Until July 31, 2031. Stable Long-Term Income With Excellent Investment Potential. Strategically Located At Silver Star Blvd & Midland Ave In One Of Scarborough's Busiest Commercial Corridors With Excellent Exposure, Strong Daily Traffic & Ample Surface Parking. Surrounded By Established Retail, Restaurants, Professional Offices, Warehouses & Industrial Businesses Generating Consistent Customer Traffic. Convenient Access To TTC Transit, Finch Ave E, Steeles Ave E, Kennedy Rd, Midland Ave, McNicoll Ave, Highway 401 & Highway 404. Minutes To Milliken GO Station, Pacific Mall, Market Village, Splendid China Mall, Woodside Square, Costco, Home Depot & Numerous Restaurants, Retailers & Professional Services. Excellent Opportunity For Investors Seeking Stable Cash Flow In A High-Demand Commercial Plaza

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,856.82/mo

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5-yr fixed avg.

Principal: $878,400Interest: $578,647
Mortgage Amount$878,400
Total Interest$578,647
Est. Property Tax$778/mo
Total Cost$1,457,047

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Milliken

Discover Milliken

Milliken is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Milliken

  • Convenient location in Agincourt / Milliken
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Milliken offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

390 Silver Star Boulevard Unit 133, Agincourt / Milliken

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,400/mo
Range: $2,040 - $2,760
Cap Rate (ROI)
1.5%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,400
Maintenance Fees-$0
Property Tax (est.)-$778
Insurance (est.)-$229
Net Cash Flow+$1,393

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Premium Pricing

At $1200/sqft, this property is priced above the Agincourt average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

Market Position

At 39 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Efficient Living

At 915 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

About Milliken

I know Milliken well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

Investment Perspective

Looking at this as an investment: Agincourt properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $4,575 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    390 Silver Star Boulevard Unit 133 | $1,098,000 | Battaglia Team