$2,599,000
FOR SALE

Multiplex

Bedrooms: 9Bathrooms: 6Lot: 150 x 90 ft

564 Lyons Lane
Oakville (QE Queen Elizabeth), ON L6J 2Y1

LOCATION, LOCATION! OAKVILLE GO! RARE LEGAL 6-PLEX EXCELLENT INCOME & FUTURE POTENTIAL! Incredible opportunity to own a fully renovated six-plex in the heart of Midtown Oakville, backing onto the tranquil 16 Mile Creek ravine with riparian rights and private staircase access to the river offering a true Muskoka feel just minutes from downtown! Situated on a premium pie-shaped lot (150W x 90D x 40D), this income-generating gem boasts a Net Income of $145K+ annually and features six self-contained units all renovated from the ground up with 6 brand new kitchens, 6 new bathrooms, granite countertops, porcelain tile, and stainless steel appliances throughout. Unit Breakdown:1 x Bachelor,1 x Studio,2 x 1-Bedroom,1 x 2-Bedroom,1 x 3-BedroomZoned Residential with legal non-conforming use as a 6-plex, offering excellent flexibility for multi-family living, rental investment, commercial use, AirBnB, work/live, or owner-occupy with income offset. Additional Features: 10-car parking, Huge backyard backing onto ravine, Steps to GO Station, Walk to Kerr Village & Downtown Oakville, Minutes to QEW, 403, 407, top-rated schools, shops, restaurants & more Prime redevelopment area with future land assembly potential in the rapidly growing Midtown Oakville corridor Whether you're an investor, end-user, or developer, this property checks all the boxes for location, income, and long-term upside. BROKERS PROTECTED. (id:47421)
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Listed By ROYAL LEPAGE REALTY PLUS OAKVILLE
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number W12865164
Last Updated Mar 10, 2026
Property Summary
Property Type Multiplex

More like this:
Community 1014 - QE Queen Elizabeth
Price History

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Detailed Information
Bedrooms 9
Bathrooms 6
Lot 150 x 90 ft
Amenities Nearby Marina, Park, Public Transit, Schools
Features In-Law Suite
Listing Contract Date 2026-03-10
Location Description Lyons Lane / Cross Ave
# of Parking Spaces 10
Property Type Multi-family
Transaction Type For sale
Zoning Description N
Building
Age 51 to 99 years
Appliances Water Heater, Dishwasher, Dryer, Garage door opener, Hood Fan, Washer, Window Coverings, Refrigerator
Basement Development Finished
Basement Type Full (Finished)
Cooling Type Central air conditioning
Exterior Finish Vinyl siding
Foundation Type Poured Concrete
Heating Fuel Natural gas
Heating Type Forced air
Stories Total 3
Type Other
Utility Water Municipal water
Parking Spaces
Name Spaces
Detached Garage
Garage
Land
Total Size 150 x 90 FT
Amenities Marina, Park, Public Transit, Schools
Sewer Sanitary sewer
Size of Irregular Land 150 x 90 FT

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