128 Speers Road
Oakville, ON
2 bath • 1,100 sqft • Sale Of Business • 136 days on market
Well-established and profitable Chinese restaurant located in a mature, high-density residential area of Oakville. Approx. 1,100 sq. ft. with 26 seats. Fully equipped with a professional commercial kitchen, including a 22-ft exhaust hood and walk-in freezer. Ample on-site parking available. Short running hour; Monthly sales approximately $35,000. Rent is $5,580/month (inclusive of TMI & HST). Lease term includes 2 years remaining plus a 5-year renewal option. Owned and operated by the same owner for 10 years, now selling due to family reasons. Stable and loyal customer base in place. Ideal opportunity for a family operator or entrepreneur. Flexible concept-can be converted to other cuisines or restaurant types.
Listing Details
- Listed
- April 15, 2026
Price History
Location & Legal
- Cross Street
- Speers Rd & Kerr St
- Zoning
- H1-MU2
- Parcel Number
- 248270110
- Possession
- Flexible
Commercial
- Business Type
- Restaurant
- Occupancy
- Tenant
Community
Postal area L6K
- Population
- 14,118
- Private dwellings
- 6,598
- Median age
- 44.8
- Average household size
- 2.3
- Median household income
- $83,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in Oakville · last 12 months
- Median sold price
- $1,250,000
- Homes sold
- 2,563
- Median days on market
- 25
- Sale-to-list price
- 96.5%
Based on 2,563 recorded sales of commercial properties in Oakville over the last 12 months.
Listed by
RE/MAX ELITE REAL ESTATE
Location
Street View
Commercial figures
- Building area
- 1,100 sq ft
- Price per sq ft
- $170.91
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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