$11,000,000
For sale: Other

A rare opportunity for investors to purchase a fully leased, two-storey multi-tenant industrial/retail building in Oakville. The property is approximately 1.31 acres in size, situated on the south side of Invicta Drive, east of Chartwell Road, within one of Oakville's established employment corridors and minutes from the QEW. The building totals 24,801 sq. ft. (BOMA-certified rentable area) and is currently demised into 9 units with 5 exterior loading docks and clear heights of 18'. The property is 100% leased to a diversified tenant base spanning medical/rehabilitation, industrial controls, logistics, education, and professional office uses, with several leases signed or renewed within the past 12 months on NNN terms - providing a genuine mark-to-market opportunity relative to the building's legacy rents. The Business Employment (E2 sp:3) zoning permits a range of office, industrial, and employment-area uses. The property offers 55 surface parking spaces and is professionally managed. Tour requests are by appointment only through the Listing Agent. Do not go directly to the property or speak to the current tenants.
Sold data
Homes in Oakville (QE Queen Elizabeth) 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 666 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 58 days.
The median sale price was $1,262,495.
Homes sold for about 3.7% below asking on average, so there was room to negotiate.
About 10% of sales closed above the list price.
Around 21% of sellers reduced their price before finding a buyer.
Based on 666 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Oakville (QE Queen Elizabeth) has 56 Fraser Institute–rated schools (45 elementary and 11 secondary), averaging 7.8/10.
School ratings from the Fraser Institute's Ontario school report cards.
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