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2180-2300 Speers Rd

22.7 Acres of Industrial Land in Oakville, ON L6L 2X8

Investment Highlights

  • $3.7 million dollars in holding income
  • Redevelopment opportunity
  • E1 zoning

Executive Summary

The Speers Land Assembly comprises a 22.7-acre site, currently zoned Employment. 14.9 acres (across 9 parcels) fall within the Bronte Major Transit Station Area (MTSA). An additional 7.8 acres (across 2 parcels) are adjacent to the MTSA, currently zoned
Employment but eligible for conversion. The site is a Regional Intensification Zone and Priority Transit Corridor (Speers Road). Notable features include approximately $3.7 million in annual holding income, 2000 linear feet of frontage on Speers Road, and an average property depth of 460 feet. The land is flat and rectangular, with a gentle 1% slope toward the storm sewer at the south property line. Anticipated to be among the first areas developed within the MTSA, all parcel owners have executed a Memorandum
of Understanding (MOU) to explore the sale of all or some of these properties. Detailed information is available via a confidential property
data room.

Property Facts

Sale Type Investment
Sale Conditions Development Sale
No. Lots 1
Property Type Land
Property Subtype Industrial
Proposed Use Industrial
Total Lot Size 22.70 AC

1 Lot Available

Lot

Lot Size 22.70 AC

The Speers Land Assembly comprises a 22.7-acre site, currently zoned Employment.

Description

The Speers Land Assembly comprises a 22.7-acre site, currently zoned Employment.

zoning

Zoning Code E1 (Employment)
E1 (Employment)
  • Listing ID: 33352420

  • Date on Market: 30/09/2024

  • Last Updated:

  • Address: 2180-2300 Speers Rd, Oakville, ON L6L 2X8

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