For Sale

72 Mill Street, Halton Hills, Ontario L7G 2C9

$2,400,000

72 Mill Street, Halton Hills, Ontario L7G 2C9 is For Sale and has a listing price of 2,400,000. The property is located in the Halton Hills . It's been on the website for 1 Day.

  • 10
    Bathrooms
  • MLS ID: W12404497
  • Office Name ROYAL LEPAGE MEADOWTOWNE REALTY
Property Description

72-74 Mill Street, Georgetown is a multi-residential and commercial investment building that presents a rare opportunity to acquire a prominent piece of downtown Georgetown’s future. Formerly known as the Roxy Theatre, this 11,542 square foot mixed-use building is zoned DC-1 and generates income from eight commercial offices and four residential units. The 72 Mill Street storefront features a modern metal frame with glass inserts and electronic door openers to meet AODA compliance, along with excellent street visibility, exterior signage exposure, and direct access to the Town of Halton Hills public parking lot for both tenants and visitors. The basement provides two shared washrooms for office tenants, and four commercial units are equipped with in-suite washrooms. Supported by established long-term tenants, the property offers reliable rental income.The residential component at 74 Mill Street includes four apartments with a separate exterior entrance, ensuring privacy from the commercial spaces. A current survey is available, and property taxes include membership in the local Business Improvement Area (BIA). The property is further strengthened by its excellent downtown location, offering strong walkability, high visibility, and proximity to ongoing redevelopment projects. Mill Street is already home to successful condominium communities, with additional projects in planning stages. A notable example is the McGibbon on Main development, which is revitalizing Georgetowns historic McGibbon Hotel with a new luxury residential complex currently under construction.With a combination of stable rental income, solid operating returns, and significant redevelopment potential, 72-74 Mill Street offers investors an outstanding opportunity to secure both immediate income and long-term growth in one of Georgetowns most visible and evolving downtown locations.

Property Details
  • Property Type: Commercial
  • Listing Type: For Sale
  • Listing ID: W12404497
  • Price: $2,400,000
  • Year Built: 0
  • Lot Area: 0 Sqft
  • Lot Depth: 100.13
  • Ref ID: W12404497
  • Dir / Cross St: East of Main Street South and Mill Street
  • Status: Active
  • Tax Year: 2025
  • Approx Age: 51-99
  • Property Sub Category: Retail
Price History
List Date MLS ID List Price Status End Date Closed Price
09/15/2025 W12404497 $2,400,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Halton Hills
  • $1,769,428 Average List Price
    based on 1 year
  • 288 New Listings
    based on 30 days
  • 80 Median Days on Market
    based on 1 year
  • List vs. Selling Price 170.98 % Up
  • Sold (12mo) 478
  • Rented (12mo) 141

  • 1 Month Change +650.0%
  • 3 Month Change +641.2%
  • 6 Month Change +181.0%
Walkscore
Additional Details
  • Heat Type Y
  • Washroom Type1: 10
  • Garage Type Outside/surface
  • Taxes: $16,000
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: TBA
  • Listing Entry Date: 15/09/2025 17:53:35
  • Property Mgmt Co: Orion Group Properties
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