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
Residential Freehold
Type of Dwelling
Att/Row/Townhouse
Style of Home
3-Storey
Transaction Type
Sale
Area
Oakville
Sub-Area
1002 - CO Central
Region
Halton
Bedrooms
2
Bedrooms (Total)
2
Rooms Above Grade
6
Rooms Below Grade
3
Rooms (Total)
7
Bathrooms
3
Floor Area
2000-2500 Sq. Ft.
Lot Depth
77
Lot Size Units
Feet
Lot Width
16
Parcel Number
247780202
Parcel of Tied Land
Yes
Occupant Type
Tenant
Cross Street
Lakeshore Rd. W & South Of Kerr St
MLS® Number
W12911658
Listing Brokerage
INTERCITY REALTY INC.
Basement Area
Finished, Full
Postal Code
L6K 3A2
Parking
Private
Parking Places (Total)
2
Parking Spaces
1
Tax Amount
$8,947.83
Tax Year
2025
Site Influences
Arts Centre, Fenced Yard, Landscaped, Library, Park, Paved Yard, Porch, Privacy, Public Transit, Terraced
Exterior Features
Landscaped, Paved Yard, Privacy, Porch
Interior Features
Separate Heating Controls, Separate Hydro Meter, Storage, Water Heater
Property Features
Arts Centre, Fenced Yard, Library, Park, Public Transit, Terraced
Cable
Available
Central Vacuum
No
Family Room
Yes
Hydro
Yes
Elevator
No
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Source
Gas
Heat Type
Forced Air
Cooling
Yes
Cooling Features
Central Air
Construction Materials
Concrete, Brick
UFFI
No
Direction Faces
South
Fireplace
No
Foundation Details
Concrete Block
Garage
Yes
Garage Type
Attached
Covered Spaces
1
Kitchens Total
1
Kitchens Above Grade
1
Pool Features
None
Roof
Unknown
Tax Legal Description
Plan 1 Blk 69 Pt Lot 15 Pt Lakeshore Rd W RP 20R15810 Parts 8 & 9
Security Features
Alarm System, Security System, Smoke Detector
View Type
City, Downtown, Lake, Park/Greenbelt, Trees/Woods
Waterfront
No
Waterfront
Indirect
Water Body Name
Lake Ontario
Water Body Type
Lake
Access To Property
Public Road
Sewer
Sewer
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Rooms
| Floor | Type | Dimensions | Features |
|---|---|---|---|
| Main | Other | 6.27 x 4.16 | Laminate |
| Second | Family Room | 8.55 x 4.21 | Hardwood Floor, W/O To Terrace |
| Second | Kitchen | 4.64 x 4.19 | Tile Floor |
| Third | Primary Bedroom | 6.22 x 4.16 | Ensuite Bath, Hardwood Floor, Skylight |
| Third | Bedroom | 4.44 x 3.98 | Hardwood Floor |
| Basement | Workshop | Finished, Laminate |
Open Houses
- March 28, 2:00 PM - 4:00 PM
- March 29, 2:00 PM - 4:00 PM
