$23/mo - 530 Speers Road Unit 27, Oakville
Commercial for Rent in Oakville
86 days on marketNeighbourhood: 1014 - QE Queen Elizabeth
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- MLS Number
- W13555048
- Property Type
- Commercial
- Status
- active
- Days on Site
- 86
- Bedrooms
- 0
- Bathrooms
- 0
- Square Feet
- 900 sqft
- Neighbourhood
- Oakville
- Taxes (2026)
- $12
- Listing Brokerage
- HOMELIFE SUPERSTARS REAL ESTATE LIMITED
Location, Location! Position your business for success at South Oakville Square, a premier new commercial development in the heart of Oakville. Ideally located just minutes from the QEW and Highway 403, this exceptional location offers outstanding accessibility for customers, employees, and commuters, while benefiting from strong surrounding demographics and continued residential and commercial growth.This approximately 900 sq. ft. commercial unit features a contemporary glass storefront that floods the space with natural light, creating a bright, modern, and professional setting that makes a lasting impression. Delivered in shell condition, it provides the flexibility to design and build a space tailored to your business needs and brand.Zoned E4 - Business Commercial, the unit accommodates a wide range of permitted uses including professional offices, medical and wellness clinics, legal, accounting, consulting, real estate, mortgage and financial services, engineering and design firms, educational and training facilities, boutique retail, convenience stores, supermarkets, creative studios, music instruction or recording, art and media production, tattoo and personal service studios, low-impact fitness and wellness concepts, veterinary services, and many other commercial uses, subject to zoning and municipal approval. Whether you're launching a new venture, expanding your business, or relocating to a premium Oakville address, this is a rare leasing opportunity to establish your presence in one of the GTA's most desirable and rapidly growing business communities. Flexible, modern, and ready for your vision-secure your space today.
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.
530 Speers Road Unit 27, 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.
Extended Exposure — Negotiating Room
At 86 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.