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

232

MLS® W12920338

  • Key Facts
  • Description
  • Map

Key Facts

Type Retail
Levels Commercial Sale
Size -
Garage Other
Taxes $8,948
Days Active 27
Lot Size 
Approx. Age 
MLS® Number W12920338

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® NumberW12920338
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageOther
Approx. Age
Basement
DrivewayGarage Type:Other
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 25, 2026List Date
$1,499,000List Price
Feb 18, 2026End Date
-Sold Price

Expired

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

Home Appraisal

This property is estimated to sell between: $1,499,000 and $1,720,000.
Similar properties in this area sold on average for: $1,645,818
Expected to sell in 17 days. Similar properties sold in 44 days. This home has been on eXp Realty for 27 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.

  • Commute

Commute

Starting Address
Destination Address
86 Lakeshore Rd W, Oakville, ON

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