2240 Speers Road, Oakville, ON
Property Highlights
Welcome to this remarkable industrial located in the coveted neighborhood of 1014 - QE Queen Elizabeth. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $9,572,200 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 6 Bathrooms
- Premium 120.14 x 471.65 ft lot size
- Convenient outside/surface garage included
- equipped with yes central cooling and highly efficient gas forced air open heating
Description
Very well-maintained free-standing building in the heart of Oakville, offering an ideal location to expand or establish a presence in the area. The building is situated on a generous lot, providing plenty of parking, as well as the ability to accommodate 53 ft trailers. Convenient access to major highways and transportation routes, Bronte GOstation is just a short walk. The property also has future residential redevelopment potential, making it a prime investment opportunity. Inside, the existing racking system can be purchased from the current tenant, there is ample power (1200 Amps), and the office and warehouse is fully air-conditioned and sprinklered throughout.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 2240 Speers Road W, Oakville, ON L6L 2X8
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Oakville, ON
For a property listed at $9,572,200 in Oakville, the legal minimum down payment is $1,914,440 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $225,780 for this transaction. As this listing is in Oakville (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $225,780.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.