$9,800/mo - 34 Rebecca Street, Oakville
Commercial for Rent in Oakville
99 days on marketNeighbourhood: 1002 - CO Central
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- MLS Number
- W13507688
- Property Type
- Commercial
- Status
- active
- Days on Site
- 99
- Bedrooms
- 0
- Bathrooms
- 2
- Square Feet
- 3,035 sqft
- Neighbourhood
- Oakville
- Lot Size
- 9,138 sqft
- Listing Brokerage
- ROYAL LEPAGE REAL ESTATE SERVICES LTD.
A rare leasing opportunity in one of Oakville's most desirable and established core locations, just minutes from Kerr Village and Downtown Oakville. High traffic area with excellent signage possibilities. This beautifully maintained freestanding commercial property offers approximately 3035 interior square feet across three thoughtfully designed levels, featuring vaulted ceilings, skylights, and large windows that create a bright, airy environment. The floor plan is exceptionally unique, designed to maximize flow, flexibility, and prestige for a wide range of professional and commercial users. The property includes a solarium like foyer/waiting room that adds a refined and welcoming entrance, further elevating the experience for tenants and their clients. With 13 onsite parking spaces, this property offers a significant advantage in this highly sought-after area, where parking is often limited. Zoned CBD, the building supports numerous permitted uses, subject to tenant due diligence, making it ideal for professional office, medical, wellness, boutique retail, showroom, or service-oriented uses. This address offers both prestige and practicality in equal measure. The space presents a refined, turn-key environment with strong curb appeal, vaulted ceilings, natural light, and a distinctive layout, making it an outstanding choice for tenants seeking a polished presence in Oakville's vibrant commercial core. Lease terms: Modified gross lease structure for 3-5 years with annual inflation increases of 2.5% of Gross rent. Tenant pays all utilities, snow clearing, tenant's insurance, maintenance of the interior and HST. Landlord pays for landscaping, exterior maintenance, property taxes, and building insurance. Square Footage as per floorplans are 3035 sq. ft. Not included in Square Footage are; open to below (77 sq ft) and the walls (235 sq ft). The Schematic Floor Plans may not be to scale and Tenant to verify measurements.
Discover 1002 - CO Central
1002 - CO Central 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 1002 - CO Central
- •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
1002 - CO Central 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.
34 Rebecca Street, 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 $3/sqft, this is priced on the lower end for commercial, which warrants investigating condition, zoning restrictions, and tenancy. Commercial values are highly location- and zoning-dependent, so comparable sales analysis is essential. I'll pull recent commercial comps for you.
Extended Exposure — Negotiating Room
At 99 days on market, this commercial property has had significant exposure. Commercial listings typically take longer to sell than residential, but this timeline may indicate pricing or tenancy issues worth exploring. A motivated seller often means better terms for a prepared buyer.
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.