1 - 1507 SPEERS STREET, Oakville (BC Bronte Creek)1 - 1507 SPEERS STREET, Oakville (BC Bronte Creek) — photo 21 - 1507 SPEERS STREET, Oakville (BC Bronte Creek) — photo 31 - 1507 SPEERS STREET, Oakville (BC Bronte Creek) — photo 41 - 1507 SPEERS STREET, Oakville (BC Bronte Creek) — photo 51 - 1507 SPEERS STREET, Oakville (BC Bronte Creek) — photo 61 - 1507 SPEERS STREET, Oakville (BC Bronte Creek) — photo 71 - 1507 SPEERS STREET, Oakville (BC Bronte Creek) — photo 81 - 1507 SPEERS STREET, Oakville (BC Bronte Creek) — photo 91 - 1507 SPEERS STREET, Oakville (BC Bronte Creek) — photo 101 - 1507 SPEERS STREET, Oakville (BC Bronte Creek) — photo 111 - 1507 SPEERS STREET, Oakville (BC Bronte Creek) — photo 121 - 1507 SPEERS STREET, Oakville (BC Bronte Creek) — photo 131 - 1507 SPEERS STREET, Oakville (BC Bronte Creek) — photo 141 - 1507 SPEERS STREET, Oakville (BC Bronte Creek) — photo 151 - 1507 SPEERS STREET, Oakville (BC Bronte Creek) — photo 161 - 1507 SPEERS STREET, Oakville (BC Bronte Creek) — photo 171 - 1507 SPEERS STREET, Oakville (BC Bronte Creek) — photo 18
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For Lease · Land

1 - 1507 SPEERS STREET, Oakville (BC Bronte Creek)

1 - 1507 SPEERS STREET, Oakville (BC Bronte Creek), ON L6L2X5

Price on request

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Asset Class

Land

Size

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Building class

A

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

90%

About this property

Rare leasing opportunity at Speers Road & Third Line, one of Oakville's busiest corners with 25,000 vehicles per day volume, offering excellent exposure and high traffic in an established automotive corridor. This E4-zoned lot provides access from both Speers Road and Third Line and is ideally suited for vehicle sales, inventory storage and other permitted automotive uses. Directly anchored by a busy car wash that has been operating for 55 years, providing additional visibility and customer traffic. Approximately 8200 square feet, with 35-40 vehicle capacity. Landlord to provide a modernized portable office with a washroom, electricity, AC & heat, customized to suit the tenant's needs. A second adjacent lot is also available, allowing tenants to lease one lot independently or combine both for a larger footprint. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy90%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$76K

Annual cash flow

$-7K

Cash-on-cash

-1.54%

DSCR

0.92

Going-in cap

5.08%

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.

Area demographics

Trade area within 3 miles of the property.

Population

86,161

Households

35,265

Median income

$78,500

Median age

38.5

Daytime population

107,372

5-yr growth

3.6%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 1 - 1507 SPEERS STREET, Oakville (BC Bronte Creek).

NDA required

  • 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.