$13,999,000 - 5193 Eighth Line, Milton
Commercial for Sale in Milton
63 days on marketNeighbourhood: 1044 - TR Rural Trafalgar
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- MLS Number
- W13640118
- Property Type
- Commercial
- Status
- active
- Days on Site
- 63
- Bedrooms
- 0
- Bathrooms
- 3
- Square Feet
- 1,699,114 sqft
- Neighbourhood
- Milton
- Lot Size
- 39 sqft
- Taxes (2026)
- $3,623
- Listing Brokerage
- RE/MAX REALTY SPECIALISTS INC.
An exceptional investment opportunity in one of the GTA's most strategic growth corridors. Approximately 38.5 acres of beautiful farmland growing organic produce ideally positioned at the boundary of Milton, Mississauga and Oakville. This productive property features a spacious 3128 SF century home w/natural gas heating, several sheds&large 65' by 33' 2 storey barn equipped w/a hoist & inline dance floor, offering outstanding infrastructure 4 farming, storage & equipment. The property is located within the urban & municipal boundary of the Town of Milton. An Official Plan Amendment approved on June 26, 2026 identifies these lands within a Future Economic Growth Area, making this a compelling opportunity 4 investors seeking long-term appreciation while benefiting from current agricultural use. Buyers are encouraged to complete their own due diligence regarding future land use, planning and development potential. A rare advantage is that the property is located outside the Niagara Escarpment Commission limits, outside the Provincial Greenbelt, & outside designated Provincial Natural Heritage Areas as per att. map. Backing onto Highway 407, the farm enjoys exceptional exposure & accessibility while neighbouring Mississauga's newest residential communities and the Mattamy Community Centre to the east. An extensive network of year-round roads throughout the farm provides excellent internal access 4 equipment & operations. The property also offers panoramic views toward the Mississauga & Toronto skylines. Opportunities 2 acquire a large farm that never used pesticides in such a highly strategic location are becoming increasingly scarce. Currently used 4 sheep grazing, bee-keeping&cash crops. Whether your objective is urban agricultural production, land banking, or acquiring a significant holding within an expanding urban/employment/commercial/industrial region, this remarkable property offers exceptional present-day utility & outstanding long-term investment potential.
Estimate your monthly payments for this property
Estimated Payment
$61,922.30/mo
5-yr fixed avg.
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.
Discover 1044 - TR Rural Trafalgar
1044 - TR Rural Trafalgar 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 1044 - TR Rural Trafalgar
- •Convenient location in Milton
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
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
1044 - TR Rural Trafalgar 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.
5193 Eighth Line, Milton
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Key factors for evaluating this commercial property
Commercial Due Diligence Checklist
· Verify zoning and all permitted uses
· Review all existing leases (terms, renewals, net vs. gross)
· Request estoppel certificates from all tenants
· Order a Phase 1 Environmental Site Assessment
· Commission a property condition assessment
· Review operating costs (taxes, insurance, maintenance)
Commercial Financing Note
Commercial mortgages require 20–35% down, shorter amortization, and lenders underwrite based on the property's income. CMHC insurance is not available for commercial. Connect with a commercial mortgage broker early.
Commercial and land transactions are significantly more complex than residential. Joe recommends assembling a team — commercial real estate lawyer, accountant, and (for land) a land use planner — before making an offer.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Commercial Pricing Context
At $8/sqft, this is priced on the lower end for commercial, which warrants investigating condition, zoning restrictions, and tenancy. Commercial values are highly location- and zoning-dependent, so comparable sales analysis is essential. I'll pull recent commercial comps for you.
Extended Exposure — Negotiating Room
At 63 days on market, this commercial property has had significant exposure. Commercial listings typically take longer to sell than residential, but this timeline may indicate pricing or tenancy issues worth exploring. A motivated seller often means better terms for a prepared buyer.
Zoning & Permitted Use — Verify First
I always confirm the zoning and permitted uses before a client gets too far into a commercial transaction. What a property is currently used for and what it's legally permitted for are sometimes different. If you plan to change the use, a zoning amendment or minor variance may be required — that's additional cost, time, and risk.
Tenancy & Income Review
If this property has existing tenants, I'd want to review all leases carefully: term lengths, renewal options, rent amounts, escalation clauses, and who's responsible for operating costs (gross lease vs. net lease). A strong long-term tenant is an asset; a lease expiring at closing is a different story. We'll request estoppel certificates from all tenants.
Environmental & Due Diligence
A Phase 1 Environmental Site Assessment is standard practice for commercial purchases in Ontario. If historical industrial use is flagged, you'll need a Phase 2. I also recommend a property condition assessment covering structure, roof, HVAC, and electrical — commercial systems are expensive to replace and often not disclosed in detail on the listing.
Commercial Financing Realities
Commercial mortgages work differently than residential. Expect 20–35% down, shorter amortization (15–25 years), and lenders who underwrite based on the property's income, not just your personal financials. CMHC insurance is generally not available for commercial, and rates are typically higher. I can connect you with commercial mortgage brokers who specialize in Milton transactions.