
2150 SPEERS ROAD, Oakville (QE Queen Elizabeth), ON L6L2X8
$1.6M total
—
Asset Class
Industrial
Size
—
Building class
B
Zoning
IB — Industrial Business
$ / SF
—
Occupancy
98%
Lot Size
0.652 ac
Clear height
20 ft
Loading docks
8
Amazing opportunity to acquire vacant commercial land in a prime Oakville location! Ideally situated within the established Speers Road employment corridor, this vacant land parcel offers excellent potential for investors, developers, and businesses looking to establish a presence in Oakville. The property is located between 2140 and 2170 Speers Road and is identified as 2150 Speers Road for reference purposes only, as no municipal address is currently assigned. Zoned E! - office employment, permitting a variety of employment abd commercial uses, subject to applicable zoning provisions, including office and professional buildings, medical and business offices, financial institutions, training and educational facilities, commercial schools, research and development, hotels, daycare facilities, services commercial uses, restaurants, and accessory retail/showrooms uses. Excellent location with convenient access to the QEW, Bronte Road, Third Line and GO transit, surrounded by established commercial and employment developments. A great opportunity to secure vacant commercial land in one of Oakville's well established employment areas. Buyer and Buyer's agent to conduct their own due diligence and verify zoning, permitted uses, development potential, servicing, municipal addressing and all applicable municipal requirements. (id:66811)
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Monthly debt service
$7K
Projected NOI
$106K
Annual cash flow
$18K
Cash-on-cash
3.65%
DSCR
1.20
Going-in cap
6.64%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Trade area within 3 miles of the property.
Population
96,394
Households
42,510
Median income
$93,500
Median age
43.3
Daytime population
120,837
5-yr growth
9.4%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 2150 SPEERS ROAD, Oakville (QE Queen Elizabeth).
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.