2 Bedroom
3 Bathroom
2,300 ft2
Fully Air Conditioned
Hot Water Radiator Heat
$1,199,000
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:50976)
Business
|
Business Type
|
Personal Services |
|
Business Sub Type
|
Health Centre |
Property Details
|
MLS® Number
|
W13744220 |
|
Property Type
|
Retail |
|
Community Name
|
1002 - CO Central |
|
Amenities Near By
|
Highway, Public Transit |
|
Equipment Type
|
Water Heater |
|
Parking Space Total
|
2 |
|
Rental Equipment Type
|
Water Heater |
Building
|
Bathroom Total
|
3 |
|
Bedrooms Total
|
2 |
|
Age
|
16 To 30 Years |
|
Appliances
|
Dishwasher, Dryer, Washer, Window Coverings |
|
Cooling Type
|
Fully Air Conditioned |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Hot Water Radiator Heat |
|
Size Interior
|
2,300 Ft2 |
|
Utility Water
|
Municipal Water |
Land
|
Acreage
|
No |
|
Land Amenities
|
Highway, Public Transit |
|
Sewer
|
Sanitary Sewer |
|
Size Depth
|
77 Ft ,6 In |
|
Size Frontage
|
16 Ft ,6 In |
|
Size Irregular
|
16.5 X 77.58 Ft |
|
Size Total Text
|
16.5 X 77.58 Ft |
|
Zoning Description
|
Cbd |
https://www.realtor.ca/real-estate/30234437/86-lakeshore-road-w-oakville-co-central-1002-co-central
