$1,499,000
FOR SALE

Commercial/Retail

Lot: 16.5 x 77.58 ft
2025 Taxes: $8,947.83

86 Lakeshore Rd W
Oakville, ON L6K 3A2 | 1002 - CO Central | Halton

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.
Share
Listed By INTERCITY REALTY INC.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number W12920338
Last Updated Mar 31, 2026
Property Summary
Property Type Commercial/Retail

More like this:
PIN 247780202
Legal Description PT LT 15, BLK 69 & PT OF LAKESHORE ROAD WEST (FORMERLY COLBORNE STREET) PLAN 1, PARTS 8 & 9, 20R15810. T/W EASE HR319427 OVER PTS 4, 6, 10, 22 TO 28, 20R15810. S/T EASE HR319427 OVER PT 8, 20R15810 IN FAV. OF PTS 1 TO 7, 10 14, 22 TO 29, 20R15810. S/T EASE HR300526 OVER PT 8, 20R15810. S/T EASE HR319784. 9784. T/W AN UNDIVIDED COMMON INTEREST IN HALTON COMMON ELEMENTS CONDOMINIUM CORPORATION NO. 460. S/T EASE IN FAVOUR OF HCEC460 (25762-0001) OVER PT 8 20R15810 AS IN HR321827. S/T RIGHT
Possession Date Flexible
Taxes (2025) $8,947.83
Directions/Cross Streets Lakeshore Rd. W & South Of Kerr St
Neighbourhood 1002 - CO Central
Area Halton
Price History

Interested in obtaining the full price history for this property?
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information
Bedrooms 2
Bathrooms 3
Rooms 7
Lot 16.5 x 77.58 ft
Air Conditioning Yes
Basement Basement
Garage Type Other
Parking Spaces 2
Heat Source Gas
Heat Type Gas Hot Water
Sewers Sanitary

The information contained on this site is based in whole or in part on information that is provided under copyright by the Toronto Regional Real Estate Board (TRREB) or by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. TRREB and CREA reproduce and distribute this information as a service for their members and assume no responsibility for its accuracy. All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

FREE ESTIMATES ARE COMING

Reserve Your Spot To Be Notified
or

Coming soon to select cities
in North America

(We'll never share your details)