86 LAKESHORE ROAD W
Oakville (CO Central), Ontario
MLS® W13744206
$1,199,000
- Status
- Active
- Property type
- House
- MLS® number
- W13744206
- Bedrooms
- 2
- Bathrooms
- 3
- Year built
- —
1 / 49Listing 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 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+ tentans, 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 parkings 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.
Property summary
- MLS® number
- W13744206
- Property type
- Single Family
- Building type
- Row / Townhouse
- Title
- Freehold
- Land size
- 16.5 x 78.7 FT
- Annual property taxes
- $8,947.83
- Parking
- 2 spaces · Attached Garage, Garage
- Days on market
- 14 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- Central air conditioning
- Basement
- Finished, Full
- Flooring
- Tile, Hardwood, Laminate
- Appliances
- Washer, Refrigerator, Dishwasher, Stove, Dryer, Window Coverings, Water Heater
- Exterior features
- Concrete, Brick
- Lot features
- Paved yard
- View
- City view, Lake view
- Maintenance fee
- $223.21 / Monthly
What would this home cost you?
Based on the $1,199,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of INTERCITY REALTY INC., VAUGHAN.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.