1060 Speers Rd, Oakville

$399,000

For sale: Other

Other at 1060 Speers Rd, Oakville
Property type
Office
MLS®
MLS® W13594048
Neighbourhood
1020 - WO West

Exceptional opportunity to acquire a fully built-out, dental facility.This facility is being sold strictly as a physical asset (equipment and leaseholds), making it perfect for an established dentist looking to expand or a specialist seeking a prime, fully compliant location with free parking. Featuring 6 equipped operatories, sterilization area, laboratory, 2 private offices, staff room, and a dedicated panoramic X-ray room. Renovation in 2022 and 2023 includs upgraded plumbing, wiring, cabinetry, new dental lights, and a reverse osmosis water filtration system. Professionally appraised at $444,900 in total tangible asset value ($331,150 in leasehold improvements, $110,000 in clinical equipment, and $3,750 in admin assets). Long-Term Tenure: Current lease term is secured through August 20, 2034, with two additional 5-year renewal options. The lease contains an exclusivity clause. Expansion Potential: Includes a "Right of First Refusal" to lease adjacent spaces at the current base rent if they become vacant. Base rent $20.00/sf ($3,345.00/month plus TMI), with scheduled step-ups to $25/sf in 2027 and $30/sf in 2030.

Sold data

Homes in Oakville — recent sold market

Homes in Oakville took a median of 27 days to sell over the last 90 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 50, across 652 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 61 days.

The median sale price was $1,249,950.

Homes sold for about 3.7% below asking on average, so there was room to negotiate.

About 11% of sales closed above the list price.

Around 21% of sellers reduced their price before finding a buyer.

Median days to sell
27
Median sale price
$1,249,950
Sale-to-list ratio
96.3%
Sold above asking
11%

Based on 652 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Oakville

Oakville has 56 Fraser Institute–rated schools (45 elementary and 11 secondary), averaging 7.8/10.

Rated schools
56
Elementary
45
Secondary
11
Average rating
7.8 / 10

Top-rated schools in Oakville

  • Alfajrul Bassem — elementaryFraser rating 10.0/10
  • Forest Trail — elementaryFraser rating 10.0/10
  • Pilgrim Wood — elementaryFraser rating 9.7/10
  • E J James — elementaryFraser rating 9.6/10
  • New Central — elementaryFraser rating 9.6/10
  • du Chêne — elementaryFraser rating 9.4/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 1060 Speers Rd