1490 Speers
1490 Speers photo 2
1490 Speers photo 3
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$7,200,000

1490 Speers

Oakville (QE Queen Elizabeth), Ontario, L6L2X6

Active
27,600
Sq Ft
1.536
Lot (sqft)

About This Property

This industrial in Oakville (QE Queen Elizabeth) offers 27,600 sq ft of living space on a 1.536 sq ft lot. The home features forced air, natural gas heating, partially air conditioned.

MLS Remarks

A unique opportunity for both occupiers and/or investors to purchase a freestanding 27,600 sq. ft. multi-unit industrial building in Oakville. The property is approximately 1.54 acres in size abutting both Speers and Wallace Roads. The building has been demised into 12 separately metered units, with 14 drive-in doors of varying heights between 10' and 20'. Clear height of the building ranges between 10' to 24' high. Currently fully occupied by 9 tenants who are month to month with no formal leases in place. The Business Commercial (E4) zoning permits a wide variety of uses including Motor Vehicle repair, body shop, dealership, rental and washing facilities. Additional uses of manufacturing and warehousing are also permitted under Sp. 341. The property is located along one of Oakville's busiest commercial throughfares and within very close proximity to a number of Provincial Highways. Phase I Environmental report has been completed with Phase II currently underway. Tour requests are by appointment only through the Listing agents. Do not go directly to the property or speak to the current tenants. (id:60351)

Overview

Property Typeresidential
Sub-Typeindustrial
StatusActive
MLS #W12397149

Interior

HeatingForced air, Natural gas
CoolingPartially air conditioned

Fees & Taxes

Annual Taxes$45,106 (2025)

Listing Information

MLS#: W12397149


Information is deemed reliable but not guaranteed. Data provided by the Canadian Real Estate Association (CREA) through the Data Distribution Facility (DDF). Listing data is updated regularly but may not reflect the most current information. All information should be independently verified.

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Mortgage Calculator

$
$1,440,000
5%20%50%
Estimated Monthly Payment
$32,016
/month
Mortgage
$5,760,000
Total Interest
$3,844,785

For illustration purposes only. Consult a mortgage professional for accurate rates.

Land Transfer Tax

$
Ontario LTT$166,475
Total Due on Closing$166,475

Estimate based on Ontario LTT rates. Consult your lawyer for exact amounts.

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1490 Speers Oakville (QE Queen Elizabeth) — $7,200,000 — Not A Dream Realty | Not A Dream Realty