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.
For sale
C$1,499,000
86 Lakeshore Rd W, Oakville, ON L6K 1E1
2beds
3baths
Townhouse
Built in ----
1,232 Square Feet Lot
$-- Zestimate®
C$--/sqft
C$-- HOA
What's special
Inside and outside parkingNew dishwasher and stoveCommercial ground parking pass
- 22 days |
- 17 |
- 0 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
INTERCITY REALTY INC.
Source: TRREB,MLS®#: W12911658
Originating MLS®#: Toronto Regional Real Estate Board
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
Primary bedroom
- Level: Third
- Dimensions: 6.22 x 4.16
Bedroom
- Level: Third
- Dimensions: 4.44 x 3.98
Family room
- Level: Second
- Dimensions: 8.55 x 4.21
Kitchen
- Level: Second
- Dimensions: 4.64 x 4.19
Other
- Level: Main
- Dimensions: 6.27 x 4.16
Workshop
- Level: Basement
- Dimensions: 0 x 0
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: 1,232 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
Community & HOA
Community
- Security: Alarm System, Security System, Smoke Detector(s)
Location
- Region: Oakville
Financial & listing details
- Annual tax amount: C$8,947
- Date on market: 3/23/2026
INTERCITY REALTY INC.
INTERCITY REALTY INC.
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Price history
Price history
Price history is unavailable.
Public tax history
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.
- Ontario
- Halton Regional Municipality
- Oakville
- L6K 1E1
- Old Oakville
- 86 Lakeshore Rd W







