Area : 1300 sqft

530 Speers Rd. located at 530 Speers Rd. image 1

530 Speers Rd. located at 530 Speers Rd. image 2

530 Speers Rd. located at 530 Speers Rd. image 3

$768,000
Assignment

1 Bed

.

1 Baths

.

Condo

.

Oakville

Occupancy - April 2023

530 Speers Rd.

Listing Description

Oakville Commercial Unit Assignment Sale - Unit #13 - 530 Speers Rd.

Asking Price: $768,000 (includes Builder Assignment Fee)

Original Price: $650,000

Deposit Paid: $195,000

No Additional Deposit Needed

------------------------------------------------

Address: 530 Speers Rd., Oakville

Unit Number: #13

Sqft: 1300 (about 20ft x 65 ft)

Ceiling Height: about 20ft

Zoning: E4 Zoning (see attached Zoning info)

Zoning Exclusives: Medical usage and Nail/Hair Salon cannot be setup anymore

Occupancy Date: Spring 2024

Builder Incentives:

- Allowed to rent out during Interim Occupancy ($1000 fee to builder)

- $30,000 capped development fee

What is an Assignment for Sale?

An assignment is a sales transaction where the original buyer of a property (the “assignor”) allows another buyer (the “assignee”) to take over the buyer’s rights and obligations of the Agreement of Purchase and Sale, before the original buyer closes on the property (that is, where they take possession of the property). The assignee is the one who ultimately completes the deal with the seller.

homebaba