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1490 Speers Rd 27,600 SF 100% Leased Industrial Building Oakville, ON L6L 2X6 $7,200,000 CAD ($260.87 CAD/SF)
INVESTMENT HIGHLIGHTS
- Dual frontage on Speers and Wallace Roads, two of Oakville’s busiest commercial corridors.
- Ideal for owner-occupiers or investors seeking a versatile industrial asset.
- 12 separately metered units with 14 drive-in doors ranging from 10' to 20' in height.
- Excellent connectivity to Provincial Highways, ensuring smooth logistics and commuter access.
- Fully occupied by month-to-month tenants, offering flexibility for repositioning or lease restructuring.
EXECUTIVE SUMMARY
This freestanding 27,600 sq. ft. multi-unit industrial building in Oakville presents a rare opportunity for both occupiers and investors. Situated on approximately 1.54 acres, the property enjoys dual frontage along Speers and Wallace Roads—two of Oakville’s busiest commercial thoroughfares and is conveniently located near several Provincial Highways. The building is divided into 12 separately metered units and features 14 drive-in doors with varying heights between 10 and 20 feet. Clear ceiling heights range from 10 to 24 feet. Currently, the property is fully occupied by nine tenants, all operating on a month-to-month basis without formal leases. Zoned Business Commercial (E4), the site permits a wide range of uses including motor vehicle repair, body shop, dealership, rental, and washing facilities. Additional permitted uses under Sp. 341 include manufacturing and warehousing. A Phase I Environmental Assessment has been completed, and Phase II is currently underway. Property tours are available by appointment only through the listing agents. Interested parties are advised not to visit the site directly or engage with current tenants.
PROPERTY FACTS
| Price | $7,200,000 CAD | Lot Size | 1.53 AC |
| Price Per SF | $260.87 CAD | Rentable Building Area | 27,600 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Property Type | Industrial | Year Built | 1965 |
| Property Subtype | Warehouse | Parking Ratio | 1.99/1,000 SF |
| Building Class | C | No. Drive In / Grade-Level Doors | 14 |
| Zoning | E4 sp:341 - Business Commercial | ||
| Price | $7,200,000 CAD |
| Price Per SF | $260.87 CAD |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 1.53 AC |
| Rentable Building Area | 27,600 SF |
| No. Stories | 1 |
| Year Built | 1965 |
| Parking Ratio | 1.99/1,000 SF |
| No. Drive In / Grade-Level Doors | 14 |
| Zoning | E4 sp:341 - Business Commercial |
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CONTACTS
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Robert Dickinson -
Mike Babbie -
Michael Schuler -
Coldwell Banker Commercial - Integrity Real Estate
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1490 Speers Rd
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