$1,199,000
Oakville
86 Lakeshore Road West, Oakville (CO Central), Ontario, L6K3A2
This retail property in Oakville is for sale offering roughly 2,300 sq ft of space.
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. The property management fee is $255/month. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 63 days on market, against an average age of 57 days across the listings currently for sale in this city
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.
This 2-bed retail in Oakville (CO Central) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $1,199,000, about 14.4× the local median household income of $83,000.
Carrying it typically needs a household income of about $234,207 (20% down, 25-yr amortization, stress-tested) — roughly 182% above the area median.
Source: Statistics Canada, 2021 Census (FSA L6K)
Pick a time that suits you. A verified local agent confirms within 24h.
Commercial lenders price on income, tenancy, and zoning rather than posted rates. Our partner mortgage brokers at iShopRates structure the file and shop lenders for you.
Inquire about financing →