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177 Cross Ave

10,342 SF 100% Leased Retail Building Oakville, ON L6J 2W6 $52,742,614 USD ($5,100 USD/SF)

Investment Highlights

  • Mixed-Use Development
  • Directly across from the Oakville GO Station
  • Tower heights soar with 50, 55, and 50 stories

Executive Summary

Total Gross Floor Area: A remarkable 1,430,840 SF GFA. This mixed-use development features commercial spaces at grade level, catering to the needs of the community. The property, after rezoning, could potentially boast a total of 1,895 residential units spread across three stunning towers. Tower heights soar with 50, 55, and 50 stories, offering unparalleled views of the surrounding area, Lake Ontario, and beyond. Situated on a 2.5-acre parcel, this development promises ample space for urban living while maintaining a sense of openness. Directly across from the Oakville GO Station, the second busiest GO station in Ontario, this location provides unmatched convenience for commuters and residents alike. With re-zoning on the horizon, this property presents an incredible opportunity to shape Oakville's skyline and meet the growing demand for high-quality urban living space.

Attachments

Brochure

Property Facts

Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,342 SF
Building Class
C
Year Built
1989
Price
$52,742,614 USD
Price Per SF
$5,100 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.09
Lot Size
2.50 AC
Zoning
MTC
Parking
40 Spaces (3.8 Spaces per 1,000 SF Leased)
Frontage
161 FT on Cross Ave

Amenities

  • Signage

Nearby Major Retailers

The Famous Owl of Minerva
New York Fries
Tim Hortons
GoodLife Fitness
Whole Foods Market
Swiss Chalet
Starbucks
TD Canada Trust
Little Tokyo
Sunset Grill
  • Listing ID: 32039367

  • Date on Market: 6/6/2024

  • Last Updated:

  • Address: 177 Cross Ave, Oakville, ON L6J 2W6

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