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$ 1,199,000

Est. payment | -/mo

2 Beds

3 Baths

2,000 SqFt

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$ 1,199,000

Est. payment | -/mo

Save

2 Beds

3 Baths

2,000 SqFt

Key Details

Property Type Townhouse

Sub Type Townhouse

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2000 - 2500

Square Footage 2,000 sqft

Price per Sqft $599

Subdivision 1002 - Co Central

MLS® Listing ID W13744206

Bedrooms 2

Half Baths 1

Condo Fees $223/mo

Property Sub-Type Townhouse

Property 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. (id:24570)

Location

Province ON

Lake Name Lake Ontario

Rooms

Kitchen 1.0

Extra Room 1 Second level 8.55 m X 4.21 m Family room

Extra Room 2 Second level 4.64 m X 4.19 m Kitchen

Extra Room 3 Third level 6.22 m X 4.16 m Primary Bedroom

Extra Room 4 Third level 4.44 m X 3.98 m Bedroom 2

Extra Room 5 Basement Measurements not available Workshop

Extra Room 6 Main level 6.27 m X 4.16 m Other

Interior

Heating Forced air

Cooling Central air conditioning

Flooring Laminate, Hardwood, Tile

Exterior

Parking Features Yes

Fence Fenced yard

View Y/N Yes

View City view, Lake view

Attached Garage Yes

Total Parking Spaces 2

Garage Yes

Private Pool No

Building

Lot Description Landscaped

Story 3

Sewer Sanitary sewer

Water Lake Ontario

Others

Ownership Freehold

Listed by INTERCITY REALTY INC.

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86 LAKESHORE ROAD W Oakville (co Central), ON L6K3A2