$42/mo - 3315 Midland Avenue, Agincourt
Commercial for Rent in Agincourt
New — Listed yesterday- MLS Number
- E13438914
- Property Type
- Commercial
- Status
- active
- Days on Site
- 1
- Bedrooms
- 0
- Bathrooms
- 0
- Square Feet
- 14,000 sqft
- Neighbourhood
- Agincourt / Milliken
- Listing Brokerage
- RE/MAX EXCEL REALTY LTD.
Prime Location for Day Care Center**Rarely Found Corner Lot**Can Apply for Government Subsidy**A three storey brick building**Addition of 2.5 stories with an above grade lower level. The 2.5 storey section measures 36' x 30' and contains 3,330 sf. The three storey section measures 45' x 61.5' plus 10' x 10' and has an area of 10,670 sf. The exterior is constructed of a combination of brick and metal siding with windows on each level around the perimeter of the building. The property is fenced off in all direction with paved parking to the rear with access from Midland Avenue. There are a number of outdoor play areas and landscaping consists of mainly lawn. The interior is demised into a number of classrooms and offices with washroom facilities on each level. The finishes include a mix of laminate, ceramic and terrazzo flooring with steel staircases providing access to each level. The walls are a combination of painted concrete block, stucco and drywall. The ceilings are a combination of stucco or drywall with fluorescent lighting. The second level contains an office area with classroom facilities. The third level contains a fully equipped professional kitchen with ceramic tiled walls and stainless steel appliances. The improvements are clean and in good condition.
Discover Agincourt / Milliken
Agincourt / 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 Agincourt / 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
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
Agincourt / 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.
3315 Midland Avenue, Agincourt / Milliken
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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
Commercial property values in Agincourt are driven by location, zoning, current tenancy, and income potential — not the same $/sqft benchmarks as residential. I'll run a proper comparable sales analysis using recent commercial transactions in this area.
Just Listed — Take Your Time
This property just hit the market. Commercial due diligence is thorough and takes time — environmental assessments, lease review, financial statement analysis, and zoning confirmation. Unlike residential, there's rarely a multiple-offer frenzy. Act with focus, not urgency.
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 Agincourt transactions.