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. The property management fee is $255/month. (id:13843)
| MLS # | W13744206 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Status | Active |
| Days On Site | 68 |
| Listing Provided By | INTERCITY REALTY INC. | ANN WANG |
| Bed(s) | 2 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 2,000 |
| Garage | 2 |
| Basement | Y |
| Story(s) | 3 |
| Zoning | CBD |
| Property View | City view, Lake view |
| Cooling | Central air conditioning |
|---|---|
| Heating | Forced air, Natural gas |
| Appliances | Washer, Refrigerator, Dishwasher, Stove, Dryer, Window Coverings, Water Heater |
| Fireplace Yes / No | No |
| Security Features | Alarm system, Security system, Smoke Detectors |
|---|---|
| Lot Features | Paved yard |
| Foundation Details | Block |
| Fencing | Fenced yard |
| Parking Features | Attached Garage, Garage |
|---|---|
| Parking Total | 2 |
| Utilities | Sewer, Electricity, Cable |
|---|---|
| Sewer | Sanitary sewer |
| Water Source | Municipal water |
| Tax Annual Amount | 8947.83 |
|---|---|
| Tax Year | 2025 |
| Province | ON |
|---|---|
| City | Oakville (CO Central) |
| Postal Code | L6K3A2 |
| Listing VS Median (in L6K3A2) | |
Price: $1,199,000 low | high Med: $1,199,000 sqft: 2,000 low | high Med: 2,150 $ / sqft: $600 low | high Med: $560 On site: 68 low | high Med: 68 | |
| Province | ON |
|---|---|
| City | Oakville (CO Central) |
| Postal Code | L6K3A2 |
| Listing VS Median (in L6K3A2) | |
Price: $1,199,000 low | high Med: $1,199,000 sqft: 2,000 low | high Med: 2,150 $ / sqft: $600 low | high Med: $560 On site: 68 low | high Med: 68 | |