$1,600,000 - 2150 Speers Road, Oakville
Land for Sale in Oakville
Neighbourhood: 1014 - QE Queen Elizabeth
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- MLS Number
- W13774762
- Property Type
- Land
- Status
- active
- Days on Site
- 26
- Bedrooms
- 0
- Bathrooms
- 0
- Square Feet
- 1 sqft
- Neighbourhood
- Oakville
- Lot Size
- 1 sqft
- Taxes (2025)
- $19,118
- Listing Brokerage
- ROYAL LEPAGE TERRA REALTY
Amazing opportunity to acquire vacant commercial land in a prime Oakville location! Ideally situated within the established Speers Road employment corridor, this vacant land parcel offers excellent potential for investors, developers, and businesses looking to establish a presence in Oakville. The property is located between 2140 and 2170 Speers Road and is identified as 2150 Speers Road for reference purposes only, as no municipal address is currently assigned. Zoned E! - office employment, permitting a variety of employment abd commercial uses, subject to applicable zoning provisions, including office and professional buildings, medical and business offices, financial institutions, training and educational facilities, commercial schools, research and development, hotels, daycare facilities, services commercial uses, restaurants, and accessory retail/showrooms uses. Excellent location with convenient access to the QEW, Bronte Road, Third Line and GO transit, surrounded by established commercial and employment developments. A great opportunity to secure vacant commercial land in one of Oakville's well established employment areas. Buyer and Buyer's agent to conduct their own due diligence and verify zoning, permitted uses, development potential, servicing, municipal addressing and all applicable municipal requirements.
Estimate your monthly payments for this property
Estimated Payment
$7,077.34/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover 1014 - QE Queen Elizabeth
1014 - QE Queen Elizabeth 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 1014 - QE Queen Elizabeth
- •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
1014 - QE Queen Elizabeth 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.
2150 Speers Road, Oakville
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Key factors for evaluating this land parcel
Land Due Diligence Checklist
· Confirm zoning designation and all permitted uses
· Verify servicing (water, sewer, hydro) at lot line
· Order a Phase 1 Environmental Site Assessment
· Obtain an up-to-date survey (boundaries, easements)
· Review development charges and levies with the municipality
· Consult a land use planner on development feasibility
Commercial Financing Note
Land financing typically requires 35–50% down with specialized lenders. Carrying costs (taxes, interest) accumulate during any approval or development process — factor these into your feasibility.
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
Zoning & Permitted Use
Before anything else, I'd confirm the current zoning designation and what's permitted on this land. Zoning dictates everything: residential subdivision, commercial development, agricultural use, or mixed. The Oakville planning department can also tell you what, if any, Official Plan amendments are in progress that could affect the permitted uses.
Land Market Timeline
Vacant land typically takes longer to sell than residential homes — 60 to 180+ days is common. Commercial and development-oriented buyers need time to conduct feasibility studies, consult planners, and arrange specialized financing. Don't read anything into the days-on-market figure without comparing to similar parcels in Oakville.
Servicing & Infrastructure
A key question for any land purchase: is it serviced (municipal water, sewer, gas, hydro at the lot line) or unserviced? Bringing services to an unserviced parcel can cost $50,000–$500,000+ depending on proximity and Oakville's development charges. This can make or break a project's feasibility.
Environmental & Survey
I always recommend a Phase 1 Environmental Site Assessment for land purchases — it checks for historical contamination from prior uses. If the Phase 1 flags anything, a Phase 2 (soil sampling) follows. Also budget for an up-to-date survey, which confirms boundaries, easements, and encroachments.
Development Approval Timeline
If you're buying with development in mind, factor in the approval timeline. Minor variance: 3–6 months. Site plan approval: 6–18 months. Official Plan amendment or rezoning: 1–3+ years. These timelines directly affect your carrying costs — property taxes and financing accumulate the entire time. Having an experienced planner and real estate lawyer on your team from day one matters.
Let's Walk Through It Together
Evaluating land requires a different lens than buying a home. I'll walk the site with you, help you ask the right questions of the listing agent, and connect you with the right professionals — planners, environmental consultants, commercial lawyers — to make sure you know exactly what you're buying before you commit.