$38/mo - 1395 Abbeywood Drive Unit 10 & 11, Oakville
Commercial for Rent in Oakville
42 days on marketNeighbourhood: 1007 - GA Glen Abbey
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- MLS Number
- W13715184
- Property Type
- Commercial
- Status
- active
- Days on Site
- 42
- Bedrooms
- 0
- Bathrooms
- 0
- Square Feet
- 2,265 sqft
- Neighbourhood
- Oakville
- Taxes (2025)
- $15
- Listing Brokerage
- ROYAL LEPAGE IGNITE REALTY
Exceptional opportunity to lease professional or retail space in the heart of Oakville's desirable Glen Abbey neighbourhood at 1395 Abbeywood Drive in the busy Pilgrims Way /Abbeywood plaza. This site enjoys strong, established foot traffic from anchor tenants including No Frills, restaurants, spa, medical/health services, cleaners, daycare and other daily-need retailers, making it an ideal location for a wide range of commercial users. Offering 2,265 sq ft of rentable space, the layout and visibility make the spaces particularly well-suited for professional offices, medical/dental, financial services, education/tutoring, personal services, or many other service-based businesses permitted under C1 zoning. Longer lease term options are available, providing stability for established operators and growing businesses that want to lock in a quality location for the long term. The property benefits from plenty of surface parking and convenient access from surrounding residential streets and main arteries. The easy connection to the QEW and major north-south routes makes this a strategic location for businesses serving both local residents and a wider Oakville catchment area. Join a vibrant mix of neighbourhood amenities including grocery, restaurants, spa, health and wellness, and other services that draw repeat daily visits from surrounding homes and schools, contributing to sustained walk-in traffic throughout the week. This is a perfect opportunity for a professional office or service business looking for a highly visible, convenient, and community-focused Oakville location.
Discover 1007 - GA Glen Abbey
1007 - GA Glen Abbey is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in 1007 - GA Glen Abbey
- •Convenient location in Oakville
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
1007 - GA Glen Abbey offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
1395 Abbeywood Drive Unit 10 & 11, Oakville
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Key factors for evaluating this commercial property
Commercial Due Diligence Checklist
· Verify zoning and all permitted uses
· Review all existing leases (terms, renewals, net vs. gross)
· Request estoppel certificates from all tenants
· Order a Phase 1 Environmental Site Assessment
· Commission a property condition assessment
· Review operating costs (taxes, insurance, maintenance)
Commercial Financing Note
Commercial mortgages require 20–35% down, shorter amortization, and lenders underwrite based on the property's income. CMHC insurance is not available for commercial. Connect with a commercial mortgage broker early.
Commercial and land transactions are significantly more complex than residential. Joe recommends assembling a team — commercial real estate lawyer, accountant, and (for land) a land use planner — before making an offer.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Commercial Pricing Context
Commercial property values in Oakville are driven by location, zoning, current tenancy, and income potential — not the same $/sqft benchmarks as residential. I'll run a proper comparable sales analysis using recent commercial transactions in this area.
Commercial Market Pace
Commercial real estate transactions typically take 60–120 days from offer to close — longer than residential — due to financing conditions, environmental reports, and tenant estoppel reviews. This 42-day listing is within normal commercial market exposure.
Zoning & Permitted Use — Verify First
I always confirm the zoning and permitted uses before a client gets too far into a commercial transaction. What a property is currently used for and what it's legally permitted for are sometimes different. If you plan to change the use, a zoning amendment or minor variance may be required — that's additional cost, time, and risk.
Tenancy & Income Review
If this property has existing tenants, I'd want to review all leases carefully: term lengths, renewal options, rent amounts, escalation clauses, and who's responsible for operating costs (gross lease vs. net lease). A strong long-term tenant is an asset; a lease expiring at closing is a different story. We'll request estoppel certificates from all tenants.
Environmental & Due Diligence
A Phase 1 Environmental Site Assessment is standard practice for commercial purchases in Ontario. If historical industrial use is flagged, you'll need a Phase 2. I also recommend a property condition assessment covering structure, roof, HVAC, and electrical — commercial systems are expensive to replace and often not disclosed in detail on the listing.
Commercial Financing Realities
Commercial mortgages work differently than residential. Expect 20–35% down, shorter amortization (15–25 years), and lenders who underwrite based on the property's income, not just your personal financials. CMHC insurance is generally not available for commercial, and rates are typically higher. I can connect you with commercial mortgage brokers who specialize in Oakville transactions.