835 Steeles Avenue, Milton

Price: $2,700,000

0 bedrooms, 0 bathrooms

1 sqft

Property Type: Land

MLS#: W13592780

0.72 acres of industrial land available for Sale. The land is ready for development and environmental studies have been recently completed. Situated in an excellent location minutes to Highway 401 and many nearby amenities. M1 zoning, allows for a wide range of commercial, industrial and service use.

835 Steeles Avenue - Land photo 1 of 1 in Milton, Ontario
active
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$2,700,000 - 835 Steeles Avenue, Milton

Land for Sale in Milton

78 days on market

Neighbourhood: 1035 - OM Old Milton

0Beds
0Baths
1Sq Ft
Land

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Property Details
MLS Number
W13592780
Property Type
Land
Status
active
Days on Site
78
Bedrooms
0
Bathrooms
0
Square Feet
1 sqft
Neighbourhood
Milton
Lot Size
1 sqft
Taxes (2026)
$18,837
Listing Brokerage
COLLIERS
Description

0.72 acres of industrial land available for Sale. The land is ready for development and environmental studies have been recently completed. Situated in an excellent location minutes to Highway 401 and many nearby amenities. M1 zoning, allows for a wide range of commercial, industrial and service use.

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Estimated Payment

$11,943.01/mo

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5-yr fixed avg.

Principal: $2,160,000Interest: $1,422,903
Mortgage Amount$2,160,000
Total Interest$1,422,903
Est. Property Tax$1,913/mo
Total Cost$3,582,903

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: 1035 - OM Old Milton

Discover 1035 - OM Old Milton

1035 - OM Old Milton 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 1035 - OM Old Milton

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

Nearby Schools

Craig Kielburger Secondary SchoolPublic High School
Milton District High SchoolPublic High School
Bishop Reding Catholic Secondary SchoolCatholic High School
Jean Vanier Catholic Secondary SchoolCatholic 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

1035 - OM Old Milton 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

835 Steeles Avenue, Milton

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Land Investment Considerations

Key factors for evaluating this land parcel

Land Due Diligence Checklist

· Confirm zoning designation and all permitted uses

· Verify servicing (water, sewer, hydro) at lot line

· Order a Phase 1 Environmental Site Assessment

· Obtain an up-to-date survey (boundaries, easements)

· Review development charges and levies with the municipality

· Consult a land use planner on development feasibility

Commercial Financing Note

Land financing typically requires 35–50% down with specialized lenders. Carrying costs (taxes, interest) accumulate during any approval or development process — factor these into your feasibility.

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

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Zoning & Permitted Use

Before anything else, I'd confirm the current zoning designation and what's permitted on this land. Zoning dictates everything: residential subdivision, commercial development, agricultural use, or mixed. The Milton planning department can also tell you what, if any, Official Plan amendments are in progress that could affect the permitted uses.

Extended Time on Market — Potential Leverage

At 78 days, this land has been sitting. That's actually common for vacant land — buyers are fewer and diligence takes time. But if it's been listed much longer than comparable parcels, there may be a zoning, servicing, or environmental issue the seller hasn't disclosed. I'd want to understand why it hasn't sold.

Servicing & Infrastructure

A key question for any land purchase: is it serviced (municipal water, sewer, gas, hydro at the lot line) or unserviced? Bringing services to an unserviced parcel can cost $50,000–$500,000+ depending on proximity and Milton's development charges. This can make or break a project's feasibility.

Environmental & Survey

I always recommend a Phase 1 Environmental Site Assessment for land purchases — it checks for historical contamination from prior uses. If the Phase 1 flags anything, a Phase 2 (soil sampling) follows. Also budget for an up-to-date survey, which confirms boundaries, easements, and encroachments.

Development Approval Timeline

If you're buying with development in mind, factor in the approval timeline. Minor variance: 3–6 months. Site plan approval: 6–18 months. Official Plan amendment or rezoning: 1–3+ years. These timelines directly affect your carrying costs — property taxes and financing accumulate the entire time. Having an experienced planner and real estate lawyer on your team from day one matters.

Let's Walk Through It Together

Evaluating land requires a different lens than buying a home. I'll walk the site with you, help you ask the right questions of the listing agent, and connect you with the right professionals — planners, environmental consultants, commercial lawyers — to make sure you know exactly what you're buying before you commit.

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    835 Steeles Avenue, Milton | $2,700,000 | Battaglia Team