306 Kerr St is a business in Oakville, listed for $550,000.
1The current owner is looking to retire and is generously willing to stay on for 1 to 2 months to provide comprehensive training, ensuring a seamless and confident transition for the new operator.
2Operating daily from 8AM-8PM, this business is situated in a fantastic, bright, and exceptionally spacious commercial space featuring very high ceilings and an inviting atmosphere.
3The property also features 6 dedicated parking spots for customers and staff.
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Zara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
Commercial Property in Oakville
About 306 Kerr Street
Rarely available !Incredible turn-key business opportunity! Own a highly profitable, well-established coin laundry business that has been successfully owner-operated for over 10 years. The current owner is looking to retire and is generously willing to stay on for 1 to 2 months to provide comprehensive training, ensuring a seamless and confident transition for the new operator. Operating daily from 8AM-8PM, this business is situated in a fantastic, bright, and exceptionally spacious commercial space featuring very high ceilings and an inviting atmosphere. The operations are highly efficient and low-overhead, requiring only 1 employee to easily manage the coin laundry, wash-and-fold services, and the dry-cleaning depot. There isalso excellent growth potential and extra space to add a profitable alteration business if desired.The facility is fully equipped with 27 washers and 25 dryers-all premium, durable, brand-name machines that have been meticulously maintained and kept in spotless condition. The smart layout includes a private office, a dedicated rest area for staff, and 2 separate washrooms (1for customer use and 1 private washroom for employees).Unbeatable long-term stability with 11 years remaining on the lease! Highly competitive rent is just $5,750.23 per month, includes TMI and taxes. The property also features 6 dedicated parking spots for customers and staff. Please note the basement space is shared with the landlord strictly for maintenance access to the furnace room.Don't miss out on this rare, time-tested, high-income asset. Turn the key and start generatingexcellent income on day one!
Oakville business priced at $550,000 — book a tour to see if it fits your search.
Inside 306 Kerr St
Every detail from the listing, in one place.
Type
Business
Features & systems
Lot & land
Lot size (sqft)
0
Listing & possession
Property class
Sale Of Business
306 Kerr St Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® W14121120$550,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 306 Kerr St Compares to the Oakville Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
$•,•••,•••
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Average days on market34Homes sold in about 34 days on average.
Sale-to-list ratio96.4%On average, homes sold below asking.
Active listings1,224Homes for sale here right now.
Median vs prior 90 days−1.7%Compared with Apr 30 – Jul 29, 2026: prices down.
Based on 1,037 sales from Jul 29 – Oct 27, 2026 (760 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 306 Kerr St
How much is 306 Kerr St listed for?
306 Kerr St is listed at $550,000 (MLS® W14121120). Summitly updates the price as soon as the MLS® record changes.
Has the price of 306 Kerr St changed?
No — 306 Kerr St is still listed at its original asking price of $550,000.
How many bedrooms and bathrooms does 306 Kerr St have?
The listing for 306 Kerr St doesn't publish its bedroom and bathroom count. It is a commercial property in Oakville.
How does 306 Kerr St compare with other homes in Oakville?
Its asking price of $550,000 is about 58% below the median sold price in Oakville over the last 90 days, $1,302,000, across 1,037 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 306 Kerr St been sold before?
Summitly has no earlier MLS® sale or lease of 306 Kerr St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 306 Kerr St?
306 Kerr St is in Oakville, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 306 Kerr St been on the market?
306 Kerr St was listed today (October 27, 2026).
What is the land transfer tax on 306 Kerr St?
About $7,475 in Ontario land transfer tax at the asking price of $550,000. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
How do I book a viewing of 306 Kerr St or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for 306 Kerr St?
The listing for 306 Kerr St doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Oakville.
When was 306 Kerr St built?
The listing for 306 Kerr St doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.
