$399,000
Unit 218 & 220 - 1060 Speers Rd
Oakville, ON L6L 2X4
Unit 218 & 220 - 1060 Speers Rd, Oakville — Listed at $399,000 Office. MLS® W13594048.
Possession · seller's timeline
Immediate (IMMD)
Description
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.
Property Details
Business Details
Property Insights
Listing Courtesy of: SUTTON GROUP-ADMIRAL REALTY INC.
MLS® #W13594048


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About Oakville Real Estate
This Office is located in the 1020 - WO West community in Oakville. Oakville is an affluent lakefront town in Halton Region known for heritage estates in Old Oakville, a thriving downtown core along Lakeshore Road, and excellent schools. The QEW provides quick access to Toronto and Hamilton, while the Oakville GO station offers 30-minute service to Union. It consistently ranks among Canada's best places to live.


























