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Listed price in listed location currency (CAD).
$1,499,000

231

MLS® W12911658

Overview

Key Facts

Type Attached
Levels Residential
Size -
Garage Attached
Taxes $8,948
Days Active 8
Lot Size 
Approx. Age 
MLS® Number W12911658

Property Address: 86 Lakeshore Rd W, Oakville, ON, L6K1E1

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® NumberW12911658
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageAttached
Approx. Age
BasementFinished, Full
DrivewayGarage Type:Attached
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Rooms

Other:Main Floor13.65 × 20.57 ft

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 23, 2026List Date
$1,499,000List Price
Feb 18, 2026End Date
-Sold Price

Expired

Feb 21, 2025List Date
$1,690,000List Price

Home Estimate Zoopraisal®

This property is estimated to sell between: $1,499,000 and $1,600,000.
Similar properties in this area sold on average for: $1,565,692
Expected to sell in 41 days. Similar properties sold in 49 days. This home has been on Zoocasa for 8 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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