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1002 - CO Central · L6K 3A2
$1,499,000
MLS® #W12911658
2
Bedrooms (2+0)
3
Bathrooms
2000-2500
Sq Ft
About This Property
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.
General Information
Building & Mechanicals
Basement
Parking & Garage
Lot & Land
Interior Features
Features
Exterior Features
Pool
Taxes
Rooms
| Room | Level | Dimensions |
|---|---|---|
| Other | Main | 20' 7" × 13' 8" |
| Family Room | Second | 28' 1" × 13' 10" |
| Kitchen | Second | 15' 3" × 13' 9" |
| Primary Bedroom | Third | 20' 5" × 13' 8" |
| Bedroom | Third | 14' 7" × 13' 1" |
| Workshop | Basement | 0' × 0' |
Mortgage Calculator
Estimated monthly payment
$7,364
Down payment: $299,800 · Loan: $1,199,200
Estimate only. Actual rates and payments vary by lender.
Listing Information
Listing courtesy of:
INTERCITY REALTY INC.
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The information provided is for personal, non-commercial use and may not be used for any purpose other than identifying prospective properties consumers may be interested in purchasing. Last updated: Mar 31, 2026.
Measurements, dimensions, and other property details are provided by the listing brokerage and have not been independently verified. Information is deemed reliable but is not guaranteed and should be confirmed by the buyer and their representative.