2 beds3 baths2 parking2,250 ft²17 × 79 ft (1,299 sq ft) lot sizeListed 62 days ago
Overview
This 2-bedroom, 3-bathroom home in Oakville is for sale offering roughly 2,250 sq ft of space. Listed at $1,199,000, it is attractively priced about 35% below the $1,849,000 median asking price in Oakville.
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:66096)
Property Details
MLS®
W13744206
Property Type
Single Family
Zoning
CBD
Bedrooms
2
Beds (above / below)
2 above · 0 below
Bathrooms
3
Half Baths
1
Parking
2
Interior Size
2,250 ft²
Lot Size
17 × 79 ft (1,299 sq ft)
Frontage
17 ft
Storeys
3
Basement
Finished, Full
Heating
Forced air, Natural gas
Cooling
Central air conditioning
Garage
Attached Garage, Garage
Ownership
Freehold
Property Tax
Rooms
Main level
Other
6.27 x 4.16 meters
Second level
Family room
8.55 x 4.21 meters
Kitchen
4.64 x 4.19 meters
Third level
Primary Bedroom
6.22 x 4.16 meters
Bedroom 2
4.44 x 3.98 meters
Basement
Workshop
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features
Appliances
Washer, Refrigerator, Dishwasher, Stove, Dryer, Window Coverings, Water Heater
Flooring
Tile, Hardwood, Laminate
Foundation
Block
Exterior
Concrete, Brick
Lot Features
Paved yard
Services
Water
Municipal water
Sewer
Sanitary sewer
Utilities
Sewer, Electricity, Cable
Features and services as supplied by the listing brokerage.
Market Timing
Days on market
62d
Oakville (CO Central) listings, avg age
56d
Price / ft²
$533
List price
$1.20M
Long Listed: 62 days on market, against an average age of 56 days across the listings currently for sale in this city
Market timing · days on market0 → 56d avg age of current listings
Long Listed · day 62
Homes here sell faster than most markets
Sold homes in this market spent an average of 35 days on the market over the past year, against a median of 48 days across the markets we publish.
Haho
This 2-bed single family in Oakville (CO Central) is available now. Want me to connect you with the agent or keep you posted on any price updates?
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