104 Kerr Street Oakville, Ontario L6K 1E3

$9,500,000

A rare opportunity to acquire a premier downtown Oakville redevelopment asset, ideally positioned for an owner-occupier, investor, or long-term landholder. Occupying 0.58 acres at the high-profile southwest corner of Lakeshore Road West and Kerr Street, just moments from Lake Ontario, this single-tenant property combines exceptional location fundamentals with strong income potential and significant mixed-use redevelopment upside. A new roof was installed in late 2025, and the property further benefits from a filed and acknowledged Record of Site Condition, offering added confidence for sophisticated purchasers and future planning initiatives. Nearby precedent at 42 Lakeshore Road West, two blocks east at Lakeshore Road West and Chisholm Street, further supports the area's intensification trajectory; on the same lot size, the Ontario Land Tribunal approved an 11-storey mixed-use development comprising approximately 142,300 square feet of total gross floor area, 152 residential units, and ground-floor commercial/retail space. Together, the comparable scale, location, and approval history reinforce the subject property's compelling future redevelopment potential. Please refer to the attachment for a comprehensive list of permitted uses under the title "CBD". (id:55460)

Business

Business Type	Retail and Wholesale
Business Sub Type	Retail misc.

Property Details

MLS® Number	W13562054
Property Type	Retail
Community Name	1002 - CO Central

Building

Age	51 To 99 Years
Cooling Type	Partially Air Conditioned
Heating Fuel	Natural Gas
Heating Type	Forced Air
Size Interior	8,939 Ft2
Utility Water	Municipal Water

Land

Acreage	No
Size Depth	160 Ft
Size Frontage	156 Ft ,7 In
Size Irregular	156.6 X 160 Ft
Size Total Text	156.6 X 160 Ft
Zoning Description	Commercial

https://www.realtor.ca/real-estate/30031461/104-kerr-street-oakville-co-central-1002-co-central