86 Lakeshore Road W Oakville, Ontario L6K 3A2

$1,499,000

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:55460)

Property Details

MLS® Number	W12920338
Property Type	Retail
Community Name	1002 - CO Central
Equipment Type	Water Heater
Parking Space Total	2
Rental Equipment Type	Water Heater

Building

Bathroom Total	3
Bedrooms Total	2
Appliances	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

Parking

Other

Land

Acreage	No
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/29515110/86-lakeshore-road-w-oakville-co-central-1002-co-central