For Sale

1490 Speers Road, Oakville, Ontario L6L 2X6

$7,200,000

1490 Speers Road, Oakville, Ontario L6L 2X6 is For Sale and has a listing price of 7,200,000. The property is located in the Oakville . It's been on the website for 2 Days.

  • Industrial
    Property Type
  • MLS ID: W12397149
  • Office Name COLDWELL BANKER INTEGRITY REAL ESTATE INC.
Property Description

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.

Property Details
  • Property Type: Commercial
  • Listing Type: For Sale
  • Listing ID: W12397149
  • Price: $7,200,000
  • Year Built: 0
  • Lot Area: 0 Sqft
  • Lot Depth: 417.7
  • Ref ID: W12397149
  • Dir / Cross St: Wallace & Speers
  • Status: Active
  • Tax Year: 2025
  • Approx Age: 31-50
  • Property Type: Industrial
  • Property Sub Category: Industrial
Price History
List Date MLS ID List Price Status End Date Closed Price
09/11/2025 W12397149 $7,200,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Oakville
  • $1,687,068 Average List Price
    based on 1 year
  • 1,044 New Listings
    based on 30 days
  • 63 Median Days on Market
    based on 1 year
  • List vs. Selling Price 203.05 % Up
  • Sold (12mo) 1,830
  • Rented (12mo) 2,263

  • 1 Month Change +0.1%
  • 3 Month Change -14.6%
  • 6 Month Change -10.1%
Walkscore
  • 42 Walk Score
    Car-Dependent
  • 52 Transit Score
    Good Transit
  • 40 Bike Score
    Somewhat Bikeable
Additional Details
  • Heat Type Y
  • Garage Type Outside/surface
  • Taxes: $45,106
  • Last Status New
  • Original Price: $7,200,000
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: TBD
  • Listing Entry Date: 11/09/2025 15:26:21
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