86 Lakeshore Road

Oakville, ON

2 bed • 3 bath • 2,300 sqft • Commercial Retail • 156 days on market

$1,499,000

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.

Listing Details

Taxes (2025): $8,948
Listed: March 25, 2026

Price History

Listing history

Property

Lot Size: 16.5 x 77.58 Feet

Utilities

Sewer: Sanitary
Heat Source: Gas

Location & Legal

Cross Street: Lakeshore Rd. W & South Of Kerr St
Zoning: CBD
Parcel Number: 247780202
Possession: Flexible

Commercial

Occupancy: Tenant

Included

Inclusions: Fridger, stove, dish washer, washer, dryer, all current fixtures, window coverings, garage opener.
Exclusions: None
Rental Items: downstairs hot water tank, air handler, upstairs air handler

Community

Postal area L6K

Population: 14,118
Private dwellings: 6,598
Median age: 44.8
Average household size: 2.3
Median household income: $83,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in Oakville · last 12 months

Median sold price: $1,250,000
Homes sold: 2,569
Median days on market: 25
Sale-to-list price: 96.5%

Based on 2,569 recorded sales of commercial properties in Oakville over the last 12 months.

Listed by

INTERCITY REALTY INC.

Location

Street View

Commercial figures

Building area: 2,300 sq ft
Price per sq ft: $651.74
Annual property tax: $8,948
Tax per sq ft: $3.89

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

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