1244 Speers RD, Oakville, ON L6L 2X4
1244 Speers RD, Oakville, ON L6L 2X4
1244 Speers RD, Oakville, ON L6L 2X4
1244 Speers RD, Oakville, ON L6L 2X4
1244 Speers RD, Oakville, ON L6L 2X4
1244 Speers RD, Oakville, ON L6L 2X4
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$ 6,495,000
Est. payment | /mo

18,736 SqFt


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$ 6,495,000
Est. payment | /mo
Save

18,736 SqFt

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 18,736 sqft

Price per Sqft $346

Subdivision 1014 - Qe Queen Elizabeth

MLS Listing ID W13224562

Annual Tax Amount $32,060

Tax Year 2025

Property Sub-Type Investment

Lot Depth 434.08

Lot Front 78.73

Property Description

6.27% year 1 capitalization rate investments sale offering! Professionally managed multi-tenant industrial investment offering with 15 in-place tenants across 15 separately metered units - 100% leased. Unit sizes ranging from 902-1,367 sq ft, each with drive-in doors. Modernized rents with strong annual escalations. Average lease term of ~1.8 years. Strong curb appeal and Speers Road frontage. Recent site improvements include: brand new asphalt, office and warehouse LED lighting, office and warehouse paint, office flooring replacement, ground and polished floors, new bathroom vanities, and new unit & pylon signage.

Location

Province ON

County Halton

Area Halton

Interior

Cooling No

Exterior

Utilities Available Yes

Lot Frontage 78.73

Lot Depth 434.08

Others

Security Features No

ParcelsYN No

Listed by COLLIERS

NEARBY SCHOOL & BUSINESS

RALPH RICHARDSON

+1(416) 523-6447

ralph@ralphrichardson.ca

119 Merton Street, Toronto

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1244 Speers RD