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
16.5 x 77.5 ft
Equipment
Water Heater
Listing Contract Date
2026-03-25
Location Description
Cross Streets: Lakeshore Rd. W & South Of Kerr St. ** Directions: Lakeshore Rd. W & Kerr St.
# of Parking Spaces
2
Property Type
Retail
Rental Equipment
Water Heater
Transaction Type
For sale
Zoning Description
CBD
Building
Appliances
Dryer, Washer, Window Coverings
Cooling Type
Fully air conditioned
Heating Fuel
Natural gas
Heating Type
Hot water radiator heat
Utility Water
Municipal water
Parking Spaces
Name
Spaces
Other
Land
Total Size
16.5 x 77.58 FT
Sewer
Sanitary sewer
Size of Irregular Land
16.5 x 77.58 FT
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