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5 Bath Commercial Property in Milton
About 140 Main Street East
Rare 4,254 SF freestanding mixed-use investment opportunity on a 0.10-acre site in the heart of Downtown Milton on Main Street East. Situated on a 33.46' x 132.74' lot with Main Street exposure, signage visibility and rear parking. Originally built in 1913, and substantially renovated in 1998, while adding a two-storey rear addition with 2 more apartments, the building offers approximately 2,077 SF on the main floor and 2,177 SF of residential space above. The main floor includes approximately 1,750 SF of retail space currently built out as a hair salon/barber shop, plus approximately 327 SF at the rear containing two small garage/storage areas, additional office with 1/2 bath and access to the second floor. Commercial space is serviced by forced-air gas heat (approx 5 yrs old) and central air conditioning. The second floor contains three self-contained apartments: Unit 201 is approximately 1,025 SF with 2 bedrooms and 2 skylights; Unit 202 is approximately 625 SF with 1 bedroom and a skylight; and Unit 203 is approximately 500 SF with 1 bedroom and a skylight. Each apartment includes a 4-piece bathroom. Apartments feature electric baseboard heating and wall-mounted air conditioning. Building features 400-amp electrical service with separate metering for each tenant. Located within Milton's Central Business District with CBD-A zoning permitting a wide variety of commercial and residential uses. The property also forms part of the HUSP Urban Area, offering significant redevelopment and intensification potential. The existing two-storey building does not represent the site's full development potential, with opportunities for additional building height and density, subject to applicable zoning, planning requirements and municipal approvals. Downtown location close to municipal parking and Town Hall, with convenient access to Highway 401 via Regional Road 25. There is an information package on this property, please reach out to Agent for a copy.
Milton investment priced at $2,600,000 — book a tour to see if it fits your search.
Inside 140 Main St E
Every detail from the listing, in one place.
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Listing & possession
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Investment
140 Main St E Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Milton
Other 4-bed homes for sale in Milton around $2.6M.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio97.7%On average, homes sold below asking.
Active listings578Homes for sale here right now.
Median vs prior 90 days+1.7%Compared with May 6 – Aug 4, 2026: prices up.
Based on 593 sales from Aug 4 – Nov 2, 2026 (456 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
140 Main St E is listed at $2,600,000 (MLS® W13769136). Summitly updates the price as soon as the MLS® record changes.
Has the price of 140 Main St E changed?
Yes — it was first listed at $2,800,000 and is now $2,600,000, a drop of $200,000 (7.1%).
How many bedrooms and bathrooms does 140 Main St E have?
140 Main St E has 5 bathrooms. It is a commercial property in Milton.
Is 140 Main St E close to transit?
The nearest rapid-transit station is Milton GO Station (Milton GO), about 2.0 km (about a 24-minute walk) in a straight line. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How does 140 Main St E compare with other homes in Milton?
Its asking price of $2,600,000 is about 183% above the median sold price in Milton over the last 90 days, $920,000, across 593 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 140 Main St E been sold before?
Summitly has no earlier MLS® sale or lease of 140 Main St E on record from the last two years. Older records aren't shown under TRREB rules.
Where is 140 Main St E?
140 Main St E is in Milton, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 140 Main St E been on the market?
53 days — 140 Main St E was listed on September 10, 2026.
What is the land transfer tax on 140 Main St E?
About $51,475 in Ontario land transfer tax at the asking price of $2,600,000. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
How do I book a viewing of 140 Main St E or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for 140 Main St E?
The listing for 140 Main St E doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Milton.
When was 140 Main St E built?
The listing for 140 Main St E doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.