$8,999,999
For sale: Other

Prime investment opportunity! Approximately 17,732 sq. ft. freestanding commercial building on a large corner lot in a highly desirable Oakville location. Fully leased and currently operating as a restaurant, banquet hall and lounge, offering immediate income potential. Excellent visibility, ample parking, and convenient access to the QEW, Highway 403 and Highway 407. A rare opportunity to own a high-profile commercial asset with strong long-term investment potential.
Sold data
Homes in Oakville (QE Queen Elizabeth) took a median of 25 days to sell over the last 90 days, with the quickest quarter selling within 12 days and the slowest quarter taking more than 46, across 788 recorded sales.
The median sale price was $1,332,500.
Homes sold for about 3.6% below asking on average, so there was room to negotiate.
About 12% of sales closed above the list price.
Around 20% of sellers reduced their price before finding a buyer.
Based on 788 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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