$1,099,999 - 217 Speers Road Unit 4, Oakville
Commercial for Sale in Oakville
Neighbourhood: 1014 - QE Queen Elizabeth
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- MLS Number
- W13800526
- Property Type
- Commercial
- Status
- active
- Days on Site
- 21
- Bedrooms
- 0
- Bathrooms
- 0
- Square Feet
- 1,347 sqft
- Neighbourhood
- Oakville
- Taxes (2026)
- $7,417
- Listing Brokerage
- CRIMSON ROSE REAL ESTATE INC.
Rare, design-forward ground-floor office condo in one of Oakville's newest and most sought-after professional plazas, fully occupied by real estate, financial, mortgage, legal, accounting and IT firms. Custom built to a standard rarely seen in commercial space and offered turnkey. High ceilings and floor-to-ceiling glass enclosures create an innovative open plan where light flows through the entire suite while every office and the boardroom stay fully private. Custom millwork throughout, Feature walls and built-in cabinetry to storage and kitchen. Reception is anchored by a built-in custom stone desk, and the boardroom features a matching built-in stone table. Kitchen fitted with high-end Miele appliances; designer vanity and premium finishes in the washroom. Substantial capital invested in leasehold improvements, and it shows in every detail. Layout includes three large private offices, glass-enclosed boardroom, spacious open work area, reception, full kitchen, storage room and washroom. All Built-in office furniture and reception desk included, so a business can operate from day one with no fit-out cost. Ample parking, and an in building separate entrance. Prime location on Oakville's principal commercial corridor, between Kerr Village and Dorval Dr, minutes to downtown Oakville and the Lakeshore. QEW in minutes via Kerr St or Dorval Dr, with quick access to Hwy 403 and 407; Oakville GO a short drive; Pearson approx. 30 min. Grocery, restaurants, cinema, medical and Trafalgar Village shopping within 1 km, surrounded by affluent Bronte East, South Oakville and Old Oakville. Ideal for a professional, consulting or executive user seeking a space that makes an impression, and equally compelling for investors seeking strong rental demand and appreciation in a limited-supply plaza. Would cost far more to replicate today.
Estimate your monthly payments for this property
Estimated Payment
$4,865.67/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.
217 Speers Road Unit 4, 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
At $817/sqft, this is priced in the upper range for GTA commercial — typical for prime locations or newer buildings. Commercial values are highly location- and zoning-dependent, so comparable sales analysis is essential. I'll pull recent commercial comps for you.
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 21-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.