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.
Address
86 Lakeshore Road W
List Price
$1,499,000
MLS® Status
New
Expiration Date
2027-03-22
Property Type
Commercial
Type of Dwelling
Commercial Retail
Transaction Type
Sale
Area
Oakville
Sub-Area
1002 - CO Central
Region
Halton
Bedrooms (Total)
2
Rooms (Total)
7
Bathrooms
3
Lot Size Source
GeoWarehouse
Lot Depth
77.58
Lot Shape
Rectangular
Lot Type
Lot
Lot Size Units
Feet
Lot Width
16.5
Parcel Number
247780202
Total Building Area
2300
Occupant Type
Tenant
Cross Street
Lakeshore Rd. W & South Of Kerr St
MLS® Number
W12920338
Listing Brokerage
INTERCITY REALTY INC.
Basement
Yes
Postal Code
L6K 3A2
Posession Details
Flexible
Parking Spaces
2
Tax Amount
$8,947.83
Tax Year
2025
Property Management Company
Hill Property Management Group Inc.
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Source
Gas
Heat Type
Gas Hot Water
Cooling
Yes
Cooling Features
Yes
UFFI
No
Garage Type
Other
Kitchens Total
1
Tax 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
Security Features
No
Sewer
Sanitary