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115 Trafalgar Rd 17,998 SF 52% Leased Retail Building Oakville, ON L6J 3G3 $8,999,999 CAD ($500.06 CAD/SF) 6% Cap Rate
Investment Highlights
- Located in Downtown Oakville with strong foot traffic and established retail, dining, and cultural amenities nearby.
- Current occupancy includes leases at proper market rental rates for immediate income generation.
- Approved zoning allows redevelopment for up to six stories, supporting future growth opportunities.
- Situated near major highways including QEW and Highway 403 for quick regional access.
Executive Summary
This offering represents a rare chance to acquire a premium commercial asset in the heart of Downtown Oakville, directly fronting Trafalgar Road. The property spans nearly 19,000 square feet and benefits from municipal approval to construct up to six stories, making it an exceptional future development site for mixed-use or commercial expansion. Current leases are secured at market rates, contributing strong operational stability and providing income upside when fully leased, projected at over a 6% cap rate.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
17,998 SF
Building Class
C
Year Built
1988
Price
$8,999,999 CAD
Price Per SF
$500.06 CAD
Cap Rate
6%
NOI
$540,000 CAD
Percent Leased
52%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
2.03
Lot Size
0.20 AC
Zoning
CBD
Frontage
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- 2B
- 874 SF
- Retail
- -
- Now
- 5
- 874 SF
- Retail
- In-Line
- Now
- 2nd Floor
- 6,887 SF
- Office
- -
- Now
| Space | Size | Space Use | Position | Available |
| 2B | 874 SF | Retail | - | Now |
| 5 | 874 SF | Retail | In-Line | Now |
| 2nd Floor | 6,887 SF | Office | - | Now |
2B
| Size |
| 874 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
5
| Size |
| 874 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
2nd Floor
| Size |
| 6,887 SF |
| Space Use |
| Office |
| Position |
| - |
| Available |
| Now |
Exceptionally walkable
100/100
Moderately drivable
70/100
Some public transit
40/100
Fairly bikeable
50/100
Nearby Major Retailers
1 of 3
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115 Trafalgar Rd
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