2180-2190 Speers Rd - Warehouse FOR SALE


Oakville, ON L6L 2X8- Bronte
$18,500,000 CAD
416-580-2327
2180-2190 Speers Rd, Oakville, ON for Sale
$18,500,000 CAD
Warehouse - FOR SALE
1/6
null | 5% Cap Rate

NEW


2180-2190 Speers Rd
Oakville, ON L6L 2X8
Bronte


OVERVIEW

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

FOR SALE DETAILS

PRICE

$18,500,000 CAD

PRICE/SF

$347 CAD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1977

UTILITIES

-

CLEAR CEILING HT

20 Ft

DOCKS

5

DRIVE INS

5

PARKING SPACES

40

LAND DETAILS

LAND ACRES

1.99

LAND SF

86,684

ZONING

E1

APN/PARCEL ID

240102028015715

ASK ABOUT THIS PROPERTY

Mike TanRe/Max Realtron Realty Inc.More Info
416-580-2327

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Mike TanRe/Max Realtron Realty Inc.More Info
416-580-2327

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.