For Sale
Just Listed
128 Speers Road
1013 - OO Old Oakville, Oakville, ON
$188,000
0Bd
2Ba
—sqft
CommercialMLS# W13003680Listed 2026-04-150 DOM
Just listed! New listings in Oakville often receive offers within the first week.
About this home
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.
Features
- Yes
Financials
Annual Taxes
$0
Estimated Rental Income
Entire property$2,500 – $8,000/mo
Rental yield16.0% – 51.1%
*Estimates based on comparable rentals in the area. Actual income may vary.
Market Data — Oakville
Days on market0 days
Buyer's MarketSeller's Market
Based on active listings in Oakville. Data updates daily.
Demographics — Oakville
Population
213,759
Avg Household Income
$152,000
Age Distribution
0-19
22%
20-34
16%
35-49
21%
50-64
22%
65+
19%
Ownership78% own · 22% rent
EnglishMandarinUrduArabicFrench
Getting around
How walkable, bikeable, and transit-friendly this neighbourhood is.
59
/ 100
Walk Score
Somewhat Walkable
42
/ 100
Transit Score
Some Transit
39
/ 100
Bike Score
Somewhat Bikeable
Scores are estimates based on neighbourhood data and are for informational purposes only.
MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.
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