Space
Finished area and layout
- Building Area
- 2,300 sqft
- Rooms
- 7
- Bedrooms
- 2
- Bathrooms
- 3
+44 more
2
Bedrooms
2 + 1 half
Bathrooms
2,300 sqft
Building Area
16.5 x 77.58 ft
Lot
2
Parking
Property Snapshot
Key details for this listing
MLS #W13744206
Property
Type, style and structure
- Type
- commercial
- Style
- retail / Retail
- Ownership
- Freehold
About This Property
This 2-bedroom, 3-bathroom retail in Oakville offers 2,300 sqft of building area on a 16.5 x 77.58 ft lot. 3 storeys. The property has lot dimensions of 16.5 x 77.58 FT, cross street Lakeshore Rd. W & South Of Kerr St, zoned RES. The home features hot water radiator heat, natural gas heating, fully air conditioned. Highlights include a 1-car garage.
MLS Remarks
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:60351)
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