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$1.1M total
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Asset Class
Office
Size
—
Building class
B
Zoning
CB2 — Central Business
$ / SF
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Occupancy
88%
Rare, design-forward ground-floor office condo in one of Oakville's newest and most sought-after professional plazas, fully occupied by real estate, financial, mortgage, legal, accounting and IT firms. Custom built to a standard rarely seen in commercial space and offered turnkey. High ceilings and floor-to-ceiling glass enclosures create an innovative open plan where light flows through the entire suite while every office and the boardroom stay fully private. Custom millwork throughout, Feature walls and built-in cabinetry to storage and kitchen. Reception is anchored by a built-in custom stone desk, and the boardroom features a matching built-in stone table. Kitchen fitted with high-end Miele appliances; designer vanity and premium finishes in the washroom. Substantial capital invested in leasehold improvements, and it shows in every detail. Layout includes three large private offices, glass-enclosed boardroom, spacious open work area, reception, full kitchen, storage room and washroom. All Built-in office furniture and reception desk included, so a business can operate from day one with no fit-out cost. Ample parking, and an in building separate entrance. Prime location on Oakville's principal commercial corridor, between Kerr Village and Dorval Dr, minutes to downtown Oakville and the Lakeshore. QEW in minutes via Kerr St or Dorval Dr, with quick access to Hwy 403 and 407; Oakville GO a short drive; Pearson approx. 30 min. Grocery, restaurants, cinema, medical and Trafalgar Village shopping within 1 km, surrounded by affluent Bronte East, South Oakville and Old Oakville. Ideal for a professional, consulting or executive user seeking a space that makes an impression, and equally compelling for investors seeking strong rental demand and appreciation in a limited-supply plaza. Would cost far more to replicate today. (id:66811)
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Monthly debt service
$5K
Projected NOI
$58K
Annual cash flow
$-3K
Cash-on-cash
-0.96%
DSCR
0.95
Going-in cap
5.25%
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
54,184
Households
25,394
Median income
$108,000
Median age
31.9
Daytime population
61,722
5-yr growth
7.4%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 4 - 217 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.