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 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+ tentans, 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 parkings 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.
Property Type:
Residential Freehold
Property Sub Type:
Att/Row/Townhouse
Property Attached:
Yes
Home Style:
3-Storey
Total Approx Floor Area:
2000-2500
Lot Depth:
78'8"24 m
Lot Frontage:
16'6"5.03 m
Lot Details:
14.11 x 72.00
Direction Faces:
South
Bedrooms:
2+0
Bathrooms:
3.0
Water supply:
Municipal
Kitchens:
1
Kitchens in Basement:
0
Bedrooms Above Grade:
2
Bedrooms Below Grade:
0
Kitchens Above Grade:
1
Rooms Above Grade:
6
Rooms Below Grade:
3
Rooms:
7
Zoning:
CBD
Heating type:
Forced Air
Heating Fuel:
Gas
Fireplaces:
0
Cooling:
Yes
Foundation:
Concrete Block
Roof:
Unknown
Basement:
Finished, Full
Fireplace/Stove:
No
Garage:
Attached
Garage Spaces:
1.0
Parking Features:
Private
Parking Spaces:
1
Total Parking Spaces:
2.0
Family Room:
Yes
Possession Details:
Flexible
Pool:
None
HST Applicable To Sale Price:
Included In
Additional Monthly Fees:
$223.21
Assessment:
$697,000
Assessment Year:
2025
Taxes:
$8,947.83 /
2025
Assessment:
$697,000.00 /
2025
Halton
Oakville
1002 - CO Central
Arts Centre, Fenced Yard, Library, Park, Public Transit, Terraced
Separate Heating Controls, Separate Hydro Meter, Storage, Water Heater
Landscaped, Paved Yard, Privacy, Porch
Alarm System, Security System, Smoke Detector
Reliance equipment rentals, downstairs hot water tank, air handle, Upstairs air handler
Fridge, stove, dishwasher, washer, dryer, all current fixtures, window coverings, garage opener.
Data was last updated September 5, 2026 at 02:15 AM (UTC)
Area Statistics
Listings on market:
155
Avg list price:
$1,121,787
Min list price:
$599,000
Max list price:
$3,195,000
Avg days on market:
42
Min days on market:
0
Max days on market:
722
These statistics are generated based on the current listing's property type
and located in
Oakville. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.