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.
For sale
C$1,199,000
86 Lakeshore Rd W, Oakville, ON L6K 1E1
2beds
3baths
Townhouse
Built in ----
1,297 Square Feet Lot
$-- Zestimate®
C$--/sqft
C$-- HOA
What's special
New dishwasher and stove
- 5 days
- 24
- 0
Zillow last checked:
Listing updated:
Listed by:
INTERCITY REALTY INC.
Source: TRREB,MLS®#: W13744206
Originating MLS®#: Toronto Regional Real Estate Board
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
Heating
- Forced Air, Gas
Cooling
- Central Air
Appliances
- Included: Water Heater
Features
- Separate Heating Controls, Separate Hydro Meter, Storage
- Basement: Finished,Full
- Has fireplace: No
Interior area
- Living area range: 2000-2500 null
Property
Parking
- Total spaces: 2
- Parking features: Private
- Has garage: Yes
Features
- Stories: 3
- Patio & porch: Porch
- Exterior features: Landscaped, Paved Yard, Privacy
- Pool features: None
- Has view: Yes
- View description: City, Downtown, Lake, Park/Greenbelt, Trees/Woods
- Has water view: Yes
- Water view: Lake
- Waterfront features: Indirect, Lake
- Body of water: Lake Ontario
Lot
- Size: 1,297 Square Feet
- Features: Arts Centre, Fenced Yard, Library, Park, Public Transit, Terraced
Details
- Parcel number: 247780202
Construction
Type & style
- Home type: Townhouse
- Property subtype: Townhouse
- Attached to another structure: Yes
Materials
- Concrete, Brick
- Foundation: Concrete Block
- Roof: Unknown
Utilities & green energy
- Sewer: Sewer
- Water: Water System
Community & HOA
Community
- Security: Alarm System, Security System, Smoke Detector(s)
Location
- Region: Oakville
Financial & listing details
- Tax assessed value: C$697,000
- Annual tax amount: C$8,947
- Date on market: 9/4/2026
Price history
Price history is unavailable.
Public tax history
Tax history is unavailable.
Climate risks
Neighborhood: Old Oakville
Nearby schools
GreatSchools rating
No schools nearby
We couldn't find any schools near this home.







