$6,300,000
116-120 SPEERS ROAD
Beds
—
Baths
—
Sqft
—
Year
—
Type
Business
Suite
Investment signal
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Oakville (CO Central). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
Fully tenanted retail plaza in the heart of Oakville's main commercial corridor. Long-standing tenants with stable income and strong covenant strength. High-traffic location along Speers Road, minutes from the QEW and Kerr Village, surrounded by national retailers and major redevelopment projects. Ideal for investors seeking steady cash flow with future upside potential. Zoned for a variety of commercial uses with possible redevelopment play excellent opportunity in one of Oakville's most sought-after nodes. (id:65958)
- Subtype
- Business
- Community
- 1002 - CO Central
- Living area
- 10,000 square feet
- Lot dimensions
- 95.5 x 124.7 FT
- On market
- Oct 27, 2025
- Status changed
- Apr 20, 2026
- Annual tax
- $47,911.19
- Zoning
- H1-MU2
- Photos
- 20
- MLS#
- W12483824
- Area
- OAKVILLE_(CO_CENTRAL)
Features and systems
Heating
Cooling
Cash on cash
-6.15%
Cap rate
3.63%
GRM
16.7
Break-even rent
$38,294
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 20, 2026.