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Gail Reeves Reid

gail.reevesreid@exprealty.com +1(416) 540-8681

Est. payment - /mo

2 Beds

3 Baths

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Key Details

Property Type Condo, Townhouse

Sub Type Att/Row/Townhouse

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2000-2500

Subdivision 1002 - Co Central

MLS Listing ID W13744206

Style 3-Storey

Bedrooms 2

Annual Tax Amount $8,947

Tax Year 2025

Property Sub-Type Att/Row/Townhouse

Lot Depth 78.66

Lot Front 16.5

Appx SqFt 2000-2500

Property 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 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.

Location

Province ON

County Halton

Area Halton

Zoning CBD

Body of Water Lake Ontario

Rooms

Family Room Yes

Basement Finished, Full

Kitchen 1

Interior

Interior Features Separate Heating Controls, Separate Hydro Meter, Storage, Water Heater

Cooling Central Air

Inclusions Fridge, stove, dishwasher, washer, dryer, all current fixtures, window coverings, garage opener.

Exterior

Exterior Feature Landscaped, Paved Yard, Privacy, Porch

Parking Features Private

Garage Spaces 1.0

Pool None

View City, Downtown, Lake, Park/Greenbelt, Trees/Woods

Roof Type Unknown

Road Frontage Public Road

Lot Frontage 16.5

Lot Depth 78.66

Total Parking Spaces 2

Building

Foundation Concrete Block

Sewer Municipal Available

Others

Senior Community Yes

Monthly Total Fees $223

Security Features Alarm System,Security System,Smoke Detector

ParcelsYN Yes

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Listed by INTERCITY REALTY INC.

Nearby School & Business

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Gail Reeves Reid

+1(416) 540-8681

Broker License ID: 9520476

86 Lakeshore RD W Oakville, ON L6K 3A2

Gail Reeves Reid

Key Details

Location

Rooms

Interior

Exterior

Building

Others

Nearby School & Business

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