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1490 SPEERS ROAD, Oakville, Ontario, L6L 2X6

MLS® # W12397149
Commercial For Sale In Queen Elizabeth Way - Industrial Zone, Oakville, Ontario
$7,200,000

None Beds

1490 Speers Road, Oakville, ON
1490 Speers Road, Oakville, ON
1490 Speers Road, Oakville, ON
1490 Speers Road, Oakville, ON
1490 Speers Road, Oakville, ON
1490 Speers Road, Oakville, ON
1490 Speers Road, Oakville, ON
1490 Speers Road, Oakville, ON
  • Advertising
1490 SPEERS ROAD, Oakville, Ontario, L6L 2X6
$7,200,000

Property Information:

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. (id:27)

Building Features:

  • Style: Industrial
  • Building Type: Multi-Tenant Industrial
  • Air Conditioning: Yes
  • Floor Space: 27600 sqft
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Partially air conditioned

Property Features:

  • Property Type: Industrial
  • Amenities Nearby: Highway, Public Transit
  • Floor Space (approx): 27600 Square Feet
  • Lot Depth: 417.7 Feet
  • Lot Frontage: 161.3 Feet
  • Zoning: E4 sp:341

Courtesy of: COLDWELL BANKER INTEGRITY REAL ESTATE INC.

REALTOR.ca  

Location of 1490 SPEERS ROAD, Oakville, Ontario, L6L 2X6

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

29 hot days expected in 2050

Projected Precipitation Risk: Moderate

14 storms expected in 2050

Projected Heat Risk: Moderate

29 hot days expected in 2050

46/100

Moderate

ClimateCheck®

Current data

This property, 1490 SPEERS ROAD , experiences 7 hot days per year at around 31.9 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 29 hot days at 35.4 degrees Celsius.

Projected Avg. Temperature

Past
31.9℃
2050
35.4℃

# Hot Days Per Year

Past
7
2050
29

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate

14 storms expected in 2050

58/100

Moderate

ClimateCheck®

Current data

This property, 1490 SPEERS ROAD , experiences 11 significant 2-day storms per year, with about 301.6mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 377.3mm of precipitation per year.

Precipitation Per Storm

Past
301.6mm
2050
377.3mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 1490 SPEERS ROAD, Oakville, Ontario, L6L 2X6

Life Stage

Nearly Retired

Employment Type

Service Sector/White Collar

Average Household Income

$134,955.92

Average Number of Children

1.77

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

19.9 %

High school certificate or equivalent

22.2 %

Apprenticeship trade certificate/diploma

5.08 %

College/non-university certificate

15.95 %

University certificate (below bachelor)

2.62 %

University Degree

34.25 %

Commuter

Travel To Work

By Car

86.5 %

By Public Transit

8.12 %

By Walking

0.0 %

By Bicycle

0.0 %

By Other Methods

5.38 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

Houses

100.0 %

Own Vs. Rent