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:47421)
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Detailed Information
Bedrooms
2
Bathrooms
3
Lot
16 x 77 ft
Amenities Nearby
Park, Public Transit
Equipment
Water Heater
Features
Paved yard
Listing Contract Date
2026-03-23
Location Description
Lakeshore Rd. W & South Of Kerr St
Maintenance Fee Payment Frequency
Monthly
Maintenance Fee Type
Parcel of Tied Land
Ownership Type
Freehold
# of Parking Spaces
2
Property Type
Single Family
Rental Equipment
Water Heater
Structures
Porch
Transaction Type
For sale
Views
City view, Lake view
Waterfront Name
Lake Ontario
Zoning Description
CBD
Building
Amenities
Separate Heating Controls, Separate Electricity Meters
Appliances
Water Heater, Dryer, Stove, Washer, Window Coverings, Refrigerator
Basement Development
Finished
Basement Type
Full (Finished)
Construction Style (Attachment)
Attached
Cooling Type
Central air conditioning
Exterior Finish
Concrete, Brick
Fire Protection
Alarm system, Security system, Smoke Detectors
Flooring Type
Laminate, Hardwood, Tile
Foundation Type
Block
# of Half Bathrooms
1
Heating Fuel
Natural gas
Heating Type
Forced air
Stories Total
3
Type
Row / Townhouse
Utility Water
Municipal water
Rooms
Room
Level
Dimensions
Notes
Family room
Second level
8.55 m x 4.21 m
Kitchen
Second level
4.64 m x 4.19 m
Primary Bedroom
Third level
6.22 m x 4.16 m
Bedroom
Third level
4.44 m x 3.98 m
Workshop
Basement
Measurements not available
Other
Main level
6.27 m x 4.16 m
Parking Spaces
Name
Spaces
Attached Garage
Garage
Utilities
Type
Description
Cable
Available
Electricity
Installed
Sewer
Installed
Land
Total Size
16 x 77 FT
Access Type
Public Road
Amenities
Park, Public Transit
Fence Type
Fenced yard
Landscape Features
Landscaped
Sewer
Sanitary sewer
Size of Irregular Land
16 x 77 FT
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