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2180-2190 Speers Rd 53,309 SF 100% Leased Industrial Building Oakville, ON L6L 2X8 $13,456,796 USD ($252.43 USD/SF) 5% Cap Rate

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EXECUTIVE SUMMARY

Property Overview
Located in the core of Oakville, this well-positioned industrial warehouse sits on approximately 3.3 acres and offers a total building area of roughly 57,000 square feet.?The property features 4 loading docks and 6 drive-in doors, with clear heights ranging from 18 to 24 feet, providing excellent functionality for a wide range of industrial, logistics, and commercial users.
Planning Background
Due to its immediate proximity to Bronte GO Transit Station, the subject site has been identified by both the Region of Halton and the Town of Oakville as part of a major growth area. The vision for this precinct is a future mixed-use, transit-oriented urban node combining commercial core uses and medium-to-high density residential development, similar in concept to Downtown Markham.?Official planning documents and growth area reports are available through the Town of Oakville under the Bronte GO MTSA Growth Area Review.
Current Zoning & Development Potential
Under the current Official Plan, the site is designated for mid-rise condominium and townhouse development.?Importantly, the property benefits from strong planning flexibility, with potential—subject to municipal approvals—to pursue:
* High-rise residential development
* Pure commercial redevelopment
* Mixed-use commercial/residential projects
Valuation
* An independent appraisal was completed earlier this year
* Appraised Value: $20,600,000

PROPERTY FACTS

Price $13,456,796 USD
Price Per SF $252.43 USD
Sale Type Investment or Owner User
Cap Rate 5%
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 1.99 AC
Rentable Building Area 53,309 SF
No. Stories 2
Year Built 1977
Parking Ratio 1.09/1,000 SF
Clear Ceiling Height 20’
No. Dock-High Doors/Loading 5
No. Drive In / Grade-Level Doors 5
Zoning E1

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Professional, Scientific, and Technical Services
  • -
  • -
  • Jan 2025

Acuren is a leading provider of critical asset integrity services. The company operates primarily in North America serving a broad range of industrial markets. It provides these essential and often compliance-mandated (often at customer locations) services in the industrial space and is focused on the recurring maintenance needs of its customers. The work Acuren does fits in the service category referred to as Testing, Inspection and Certification (TIC) including Nondestructive Testing (“NDT”) in the field and the laboratory and in-lab destructive testing capabilities. They are an organization with over 40 years of experience in testing and inspection. Through this time, they have acquired many companies, launched many services, and employed thousands of people. They are proud of their history and where they will go.

  • Administrative and Support Services
  • -
  • -
  • -

Chrisco has been making Holidays easy to enjoy for over 40 years in various parts of the world! Our goal is to help you save throughout the whole year for a wide variety of hampers, gifts, appliances, electronics and more. This is why Chrisco is by far the leading Hamper Company in Canada, Australia and New Zealand. With Chrisco Canada, Satisfaction is quaranteed! Once you have shopped with Chrisco Canada you will wonder why you didn’t start with us years ago! It’s as easy as 1-2-3……save for the holidays by choosing your order and spreading your payments over a full year. Then, just before the holidays, we will deliver all your goods right to your door! Chrisco Canada delivers twice a year for both Christmas and Summer Holidays. We give you the opportunity to layaway what you want for next year, at this years prices. What a savings and a great way to budget!

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Professional, Scientific, and Technical Services - - Jan 2025
Administrative and Support Services - - -
  • Listing ID: 38854182

  • Date on Market: 12/22/2025

  • Last Updated:

  • Address: 2180-2190 Speers Rd, Oakville, ON L6L 2X8

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