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.
Property Type:
Commercial
Property Sub Type:
Commercial Retail
Property Attached:
Yes
Freestanding:
No
Total Area:
2300 sq. ft. Square Feet
Total Area:
2,300 sq. ft.214 m2
Retail Area:
530 sq. ft. Sq Ft
Lot Depth:
77'7"23.6 m
Lot Frontage:
16'6"5.03 m
Lot Shape:
Rectangular
Lot Details:
14.11 x 72.00
Bedrooms:
2
Bathrooms:
3.0
Water supply:
Municipal
Kitchens:
1
Rooms:
7
Zoning:
CBD
Heating type:
Gas Hot Water
Heating Fuel:
Gas
Cooling:
Yes
Garage:
Other
Parking Spaces:
2
Possession Details:
Flexible
HST Applicable To Sale Price:
Included In
Type Taxes:
Annual
Taxes:
$8,947.83 /
2025
Assessment:
$- /
-
Halton
Oakville
1002 - CO Central
No
downstairs hot water tank, air handler, upstairs air handler
Fridger, stove, dish washer, washer, dryer, all current fixtures, window coverings, garage opener.
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