104 Kerr Street
104 Kerr Street
$9,500,000
$1,063/sq ft · 3 days on market
About This Listing
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".
| Monthly Mortgage (P&I) | $41,391 |
| Property Tax (MLS) | $3,966 |
| Maintenance Fees | $0 |
| Total Monthly Cost | $45,357 |
Down payment: $1,900,000 (20.0%) · Mortgage: $7,600,000
Property tax uses MLS annual tax of $47,597/yr. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.
Property Details
Listing provided by SUTTON GROUP-ADMIRAL REALTY INC.
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Data last updated: August 23, 2026 at 10:26 a.m.