Small Bay Units in Oakville, ON
Represented by Michael Law — industrial broker, Lennard Commercial Realty
Region
West GTA
Avg Net Rent
$17.25/SF(Q1 2026)
Availability
4.9%
Clear Heights
18'–24'
Highway Access
Highway 403, QEW, Highway 407
Oakville Small Bay Unit Market
Oakville sits between Mississauga and Burlington on the QEW corridor, occupying a premium position in the West GTA industrial market. The submarket is characterized by higher-quality building stock than Burlington and lower rents than equivalent Mississauga product, making it a consistent value proposition for tenants who need QEW and 403 access with a professional address. North Oakville has seen the most significant industrial development activity over the past decade, with purpose-built distribution facilities with 32-36 foot clear heights delivered along Burloak Drive and the Highway 403 corridor. These buildings attract institutional logistics operators, automotive supply chain tenants, and e-commerce fulfillment providers who value the 403/QEW intersection and proximity to both Pearson Airport (approximately 30 minutes via 403 North) and the Hamilton port. Net asking rents in Oakville range from $15.50 to $19.00 per square foot net. The submarket commands a premium over Burlington reflecting its more central QEW position and newer building stock, but remains $1.00 to $2.00 per square foot below equivalent Mississauga product. Michael Law advises industrial tenants and investors across the West GTA corridor including Oakville, Burlington, Mississauga, and Milton.
More Oakville Industrial Real Estate Insights
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