86 Lakeshore Road W, Oakville, ON L6K 3A2
1002 - CO Central, Oakville · Near Lakeshore Rd. W & South Of Kerr St · View map
About this home
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. The property management fee is $255/month.
The home
- Type
- Commercial retail
- Square footage
- 2300 sq ft
- Bedrooms
- 2
- Bathrooms
- 3
- Kitchens
- 1
- Lot size
- 16.5 x 77.6 ft
- Approximate age
- 16-30 years
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Gas Hot Water
- Air conditioning
- Yes
Garage & parking
- Garage
- Single Detached
- Driveway spaces
- 2
- Total parking
- 2
Taxes & other
- Property taxes
- $8,948/yr
- Tax year
- 2025
- Occupancy
- Tenant
- Possession
- Flexible
- Cross street
- Lakeshore Rd. W & South Of Kerr St
- Neighbourhood
- 1002 - CO Central
More
- MLS® number
- W13744220
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
86 Lakeshore Road, Oakville, ON L6K 3A2
1002 - CO Central, Oakville · Near Lakeshore Rd. W & South Of Kerr St
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Listing history for 86 Lakeshore Road
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 86 Lakeshore Road W
Answers come straight from this home’s MLS® listing.
How much is 86 Lakeshore Road W listed for, and what would it cost each month?
86 Lakeshore Road W is listed for $1,199,000. With 20% down ($239,800), the mortgage payment would be roughly $4,836 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $5,582 a month, all in. That figure is an illustration, not a quote.
Is 86 Lakeshore Road W freehold or a condo, and is there a monthly fee?
86 Lakeshore Road W is a commercial retail in 1002 - CO Central, Oakville. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 86 Lakeshore Road W have?
86 Lakeshore Road W has 2 bedrooms and 3 bathrooms.
Does 86 Lakeshore Road W have a garage and parking?
Yes. The listing shows the garage as single detached. The driveway adds 2 spaces. In total the listing counts 2 parking spaces.
What style of home is 86 Lakeshore Road W?
86 Lakeshore Road W is a commercial retail. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How big is 86 Lakeshore Road W, and what is the lot size?
The lot is listed as 16.5 x 77.6 ft.
How is 86 Lakeshore Road W heated and cooled?
Heating is gas hot water (gas). Cooling is yes.
What are the property taxes for 86 Lakeshore Road W?
Property taxes are $8,948 a year (2025), or about $746 a month.
Where is 86 Lakeshore Road W?
86 Lakeshore Road W is in the 1002 - CO Central community of Oakville. The nearest main intersection is Lakeshore Rd. W & South Of Kerr St. The postal code is L6K 3A2.
Is 86 Lakeshore Road W still for sale?
Yes. It is an active listing (MLS® W13744220). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 86 Lakeshore Road W asking?
Similar properties for sale nearby right now include 86 Lakeshore Road W at $1,199,000 (2 bed), 4 - 217 Speers Road at $1,099,999 and 1B - 430 Iroquois Shore Road at $1,099,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 86 Lakeshore Road sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 86 Lakeshore Road W?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near 1002 - CO Central, picked by style, size and price.
Freehold townhouse$1,199,00086 Lakeshore Road W, Oakville2 bed · 3 bath · 1002 - CO CentralCourtesy of: INTERCITY REALTY INC.View home →
Office$1,099,9994 - 217 Speers Road, Oakville1014 - QE Queen ElizabethCourtesy of: CRIMSON ROSE REAL ESTATE INC.View home →
Sale of business$1,099,0001B - 430 Iroquois Shore Road, Oakville1014 - QE Queen ElizabethCourtesy of: ROYAL LEPAGE REAL ESTATE SERVICES LTD.View home →Courtesy of: INTERCITY REALTY INC.
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.