MLS#: W12911658Listed: 2 months agoUpdated:2 months ago
Description
Exceptional opportunity in the heart of Old Oakville on prestigious Lakeshore Road West. This rare mixed-use (commercial + residential) property offers the perfect blend of lifestyle flexibility and strong income potential. Featuring a street-level retail space with excellent exposure and a separate entrance to a spacious two-storey residential unit above, this property is ideal for both investors and end- users. With separate meters for each unit, it offers convenience, efficiency, and flexibility in managing tenants or personal use. The property has AAA+ tenants, generates approximately $80,000 in annual rental income, providing immediate cash flow. The commercial component is further enhanced by a fully finished basement, offering two workshop areas, a waiting room, storage, and a bathroom-adding valuable functional space for a wide range of business uses. Ideally located just steps to the lake, downtown Oakville, boutique shops, cafes, and transit, this high-exposure location ensures strong tenant demand and long-term value appreciation. Key Highlights: Prime mixed-use property with two municipal addresses (86 Lakeshore/95 Kerr #6) Town center street-level retail with excellent visibility(appr.530sqft ground plus basement workshops) Separate entrance to upper two-storey residential unit (appr.1700sqft). Separate meters for residential and commercial units. Fully finished basement with workshops, waiting area, storage & bathroom. Dual income streams - residential + commercial(appr. $80k annually). Upper unit on flexible tenancy, offering end-user or investor versatility. Inside and outside parking's and one commercial ground parking pass. Well-maintained with upgraded major systems. Brand new hot water tank and air handlers. New dishwasher and stove. A rare opportunity for investors seeking stable cash flow or end-users looking to operate a business while living above or offsetting expenses with rental income. (id:63050)
Details
Details for 86 Lakeshore Road, Oakville CO Central, Ontario
Property Type
Single Family
Building Type
Row Townhouse
Storeys
3
Neighborhood
1002 - CO Central
Land Size
16 x 77 FT
Year Built
-
Annual Property Taxes
$8,948
Parking Type
Attached Garage, Garage
Inside
Appliances
Washer, Refrigerator, Stove, Dryer, Window Coverings, Water Heater
Rooms
6
Bedrooms
2
Bathrooms
3
Fireplace
-
Fireplace Total
-
Basement
Finished, Full
Building
Architecture Style
-
Direction
Lakeshore Rd. W & South Of Kerr St
Type of Dwelling
row_townhouse
Roof
-
Exterior
Concrete, Brick
Foundation
Block
Flooring
Tile, Hardwood, Laminate
Land
Sewer
Sanitary sewer
Lot Size
16 x 77 FT
Zoning
-
Zoning Description
CBD
Parking
Features
Attached Garage, Garage
Total Parking
2
Utilities
Cooling
Central air conditioning
Heating
Forced air, Natural gas
Water
Municipal water
Feature Highlights
Community
-
Lot Features
Paved yard
Security
Alarm system, Security system, Smoke Detectors
Pool
-
Waterfront
-
Rooms
Rooms for 86 Lakeshore Road, Oakville CO Central, Ontario