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MLS® W12920338
Oakville, ON
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.
Inclusions
Fridger, stove, dish washer, washer, dryer, all current fixtures, window coverings, garage opener.
Exclusions
None
Broker
INTERCITY REALTY INC.
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Commercial Retail
86 Lakeshore Road W Oakville
Oakville
Type
Commercial Retail
Parking
Other
Property Tax
~$8,948/yr
Heating
Gas Hot Water
Buying Essentials
Square Feet
2300 sqft
Parking
Other
Finances
List Price
$1,499,000
Price per SQFT
$652/sqft
Property Tax
~$8,948/yr
Property Specs
Property Type
Commercial Retail
MLS Size
2300 sqft
Living & Amenities
Heating Type
Gas Hot Water
Policies & Utilities
Neighbourhood
Oakville
Property Manager
Hill Property Management Group Inc.
Listed On
Mar 25, 2026
Days on Market
Current: 227 days
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