$1,600,000
For sale: Vacant Land

Amazing opportunity to acquire vacant commercial land in a prime Oakville location! Ideally situated within the established Speers Road employment corridor, this vacant land parcel offers excellent potential for investors, developers, and businesses looking to establish a presence in Oakville. The property is located between 2140 and 2170 Speers Road and is identified as 2150 Speers Road for reference purposes only, as no municipal address is currently assigned. Zoned E! - office employment, permitting a variety of employment abd commercial uses, subject to applicable zoning provisions, including office and professional buildings, medical and business offices, financial institutions, training and educational facilities, commercial schools, research and development, hotels, daycare facilities, services commercial uses, restaurants, and accessory retail/showrooms uses. Excellent location with convenient access to the QEW, Bronte Road, Third Line and GO transit, surrounded by established commercial and employment developments. A great opportunity to secure vacant commercial land in one of Oakville's well established employment areas. Buyer and Buyer's agent to conduct their own due diligence and verify zoning, permitted uses, development potential, servicing, municipal addressing and all applicable municipal requirements.
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 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 61 days.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.
Based on 652 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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