Vaughan, ON · L4K 3W7 · MLS® N13749096Updated
$9,888,888
231 Millway Ave #7, 8 , 23 is a 4-bathroom industrial in Vaughan, listed for $9,888,888.
Coldwell Banker Summit Realty, BrokerageZara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
Exceptional owner-user and investment opportunity in one of Vaughan's most dynamic employment and mixed-use corridors. Offering consists of three legally separate industrial condominium units totaling approximately 18,193 sq. ft., currently operating as one seamless facility with no demising walls, providing the functionality of a single large industrial building while preserving the flexibility of three legal units. Approximately 20% finished office/showroom space with mezzanine, 20' clear height, full sprinkler system, 1 truck-level loading door, 2 drive-in shipping doors, and six industrial walk-in freezers, ideal for food processing, cold storage, distribution, manufacturing and specialty operations.Two separately leased spaces currently generate $3,600/month each ($7,200/month total), providing modest interim holding income while occupying or planning future use. Ownership has invested approximately $50,000 in engineering fees to date and holds open permits for a bathroom upgrade and new mezzanine staircase (est. $25,000 to complete) - a head start on value-add work already underway.The broader complex has received approval for Prestige Mixed-Use II designation under the newly-approved Vaughan Official Plan, expanding permitted commercial, retail and office uses. A separate planning application affecting the wider complex is expected before the City; a favourable outcome could enhance long-term value, though any such potential is speculative, would require assembly of the broader 22-unit condominium (of which the subject comprises 3 units), and remains subject to further approvals and purchaser due diligence. Prominent corner exposure on Millway Avenue, minutes to Highways 400, 407, 7 and the Vaughan Metropolitan Centre subway. An outstanding opportunity for owner-users, developers and investors seeking a premium industrial asset with holding income and long-term upside in one of Vaughan's fastest-growing corridors.
Vaughan industrial priced at $9,888,888 — book a tour to see if it fits your search.
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Closed sales on the TRREB MLS®.
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Listing brokerage: KELLER WILLIAMS ADVANTAGE REALTY, BrokerageMLS® N13749096 · Listing data last updated
Listing data comes from the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but not guaranteed. Shown on Summitly by Coldwell Banker Summit Realty, Brokerage, which is not the listing 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. © 2026 Toronto Regional Real Estate Board. All rights reserved.
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Based on 1,194 sales from Jul 23 – Oct 21, 2026 (839 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
1 for lease at 231 Millway Ave.
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630 m8 minClosest· Line 1
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231 Millway Ave #7, 8 , 23 is listed at $9,888,888 (MLS® N13749096). Summitly updates the price as soon as the MLS® record changes.
Yes — it was first listed at $1 and is now $9,888,888, an increase of $9,888,887 (988888700.0%).
231 Millway Ave #7, 8 , 23 has 4 bathrooms. It is a commercial property in Vaughan.
The nearest rapid-transit station is Vaughan Metropolitan Centre Station (Line 1), about 630 m (about a 8-minute walk) in a straight line. Highway 407 Station is about 1.9 km (about a 24-minute walk), and Pioneer Village Station is about 3.0 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
Its asking price of $9,888,888 is about 771% above the median sold price in Vaughan over the last 90 days, $1,135,000, across 1,194 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.
Summitly has no earlier MLS® sale or lease of 231 Millway Ave #7, 8 , 23 on record from the last two years. Older records aren't shown under TRREB rules.
231 Millway Ave #7, 8 , 23 is in Vaughan, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
47 days — 231 Millway Ave #7, 8 , 23 was listed on September 4, 2026.
About $233,697 in Ontario land transfer tax at the asking price of $9,888,888. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
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The listing for 231 Millway Ave #7, 8 , 23 doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Vaughan.
The listing for 231 Millway Ave #7, 8 , 23 doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.
