50-70 Novopharm Ct
Toronto, ON M1B 2K9 Agincourt/Malvern

Milner Business Park is a premier industrial community in the heart of Scarborough, offering a rare owner/user or value-add investment opportunity. The industrial park features institutionally maintained condo units ranging from 2,850 to 25,000 square feet, designed to support a wide range of uses. Milner Business Park includes four buildings: 465 Milner Avenue, 455 Milner Avenue, 445 Milner Avenue, and 50-70 Novopharm Court.
  
Units provide functional warehouse layouts with 16-foot clear heights, single truck-level loading doors, select drive-in access, and dedicated office areas with large windows and open configurations. With ample parking, accommodation for 53-foot trailers, six access points via Miller Avenue, and an ongoing Toronto Hydro power upgrade supporting up to 200 amps, the asset delivers operational flexibility while positioning occupants to build long-term equity and benefit from capital appreciation in a supply-constrained Greater Toronto Area (GTA) industrial market.
  
Zoned E0.6, Milner Business Park supports light industrial, warehousing and distribution, light- to medium-manufacturing, research and development, and technology-focused uses, fostering a diverse and resilient business environment. The design accommodates everything from small-scale logistics and storage to hybrid office-industrial operations, allowing businesses to grow. Ownership eliminates exposure to rising rents and landlord uncertainty while strengthening balance sheets through asset appreciation and potential future passive income. 
  
Situated in one of Toronto’s most established industrial nodes, the industrial condos benefit from immediate access to Highway 401 and efficient connectivity across the GTA, with Toronto Pearson International Airport within a 40-minute drive. The surrounding area offers strong labour fundamentals, drawing on a skilled workforce of over 750,000 people within 10 kilometres and near Centennial College and other trade and higher education institutions. Nearby amenities, such as Tim Hortons, McDonald’s, and KFC, are within 1 kilometre. Milner Business Park stands out as a strategic opportunity to secure flexible industrial space in a proven employment corridor built for long-term performance.