Homula Realty Brokerage
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2273 Royal Windsor Drive, Oakville, ON L6J 7X8

Commercial Retail
$8,999,999

Prime investment opportunity! Approximately 17,732 sq. ft. freestanding commercial building on a large corner lot in a highly desirable Oakville location. Fully leased and currently operating as a restaurant, banquet hall and lounge, offering immediate income potential. Excellent visibility, ample parking, and convenient access to the QEW, Highway 403 and Highway 407. A rare opportunity to own a high-profile commercial asset with strong long-term investment potential.

MLS number
W13578934
Type
Commercial Retail
Status
Active
Bedrooms
—
Bathrooms
—
Postal code
L6J 7X8
Photos
4
Property tax
$69,326 / year
58days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

No previous listings found for this address.

Where this property is

Where this address sits, matched against open government data.

Matched to a published address point for this address.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
Wildwood AcademyElementary223 mNot reported
John Knox Christian SchoolElementary257 mNot reported
St. Luke Catholic Elementary School
Halton CDSB
Elementary1.1 km8.0 / 10
80% met the standard
Chisholm AcademyElementary and secondary1.4 kmNot reported
James W. Hill Public School
Halton DSB
Elementary1.5 km8.4 / 10
84% met the standard
FlexiBlend SchoolElementary1.7 kmNot reported
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 566 people.

$172,000Median household income
92.3%Own their home
100%Detached houses
43.2Median age
35%Born outside Canada
52.1%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35240148 — the few blocks around this address, home to 566 people. It describes the area, not this property.

566Population
40.2Average age
3.2Household size
$232,000Average household income
$172,000Median household income
92%Own their home
8%Rent
0%Condominiums
35%Born outside Canada
52%University degree
$1,660,000Average home value
8%Low income
67%Not in the labour force
26%Never married
$25,000 to $29,9992%
$45,000 to $49,9992%
$50,000 to $59,9992%
$60,000 to $69,9992%
$70,000 to $79,9992%
$80,000 to $89,9993%
$90,000 to $99,9992%
$100,000 and over44%
$100,000 to $124,9997%
$125,000 to $149,9993%
$150,000 to $199,99911%
$200,000 and over21%

Percentages are of the 305 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$1,800,000 · minimum here is $1,800,000
$39,850.05per month
Borrowed before insurance$7,199,999
Total borrowed$7,199,999
Interest over 25 years at 4.5%$4,755,015

If you rented it out

-$45,627.21per month out of pocket
Rent$0.00
Everything it costs to hold$45,627.21
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by RE/MAX REALTY SPECIALISTS INC.. Listing data provided by the Toronto Regional Real Estate Board.