509 Lakeshore Road For Sale

Oakville, Old Oakville, L6K 1G6

$2,998,888

Description

Listed by RE/MAX CONDOS PLUS CORPORATION.

This prime mixed-use property offers incredible potential in a prestigious, high-traffic location. The main floor currently operates as a convenience store, benefiting from its proximity to Appleby College with over 800 students, creating a built-in customer base. The store has significant growth potential with a liquor license already in place, and there's an option to expand by offering seasonal flowers, plants, and pots. Additionally, the C1 SP:49 zoning allows for a wide range of businesses, such as medical offices, veterinary clinics, dental practices, or professional services, all ideal for the affluent residential community surrounding the area. A large parking lot and backyard provide convenience and space for future clientele. The second floor features a 2-bedroom apartment, offering additional rental income or the opportunity for a live-work setup. Whether you utilize the current structure or explore redevelopment options, this property is full of potential for both business and investment growth.

All existing appliances: Fridge, Gas Stove & Washer. All existing ELFS & window coverings

Location

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  • Address: 509 Lakeshore Road
  • Neighborhood: Old Oakville
  • City: Oakville
  • State: Ontario
  • Postal Code: L6K 1G6

Property Video

Property Details

  • Property ID: W9361278
  • Property Price: $2,998,888
  • Style: Detached, 2-Storey
  • Sq/Ft: 2500-3000
  • Rooms: 4+2
  • Bedrooms: 2
  • Bath: 2
  • Parking Spaces: 10
  • A/C: Central Air
  • Basement: Unfinished
  • Den: N
  • Exterior: Vinyl Siding
  • Heating: Forced Air
  • Fireplace: N
  • Taxes: $9,199.84 (2024)
  • Lot: 125.00x125.00 (Feet)

Room details and dimensions

Statistics for similar Detached homes in Old Oakville

The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.

Average days on market for similar Detached homes in Old Oakville

The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.

Number of transactions for similar Detached homes in Old Oakville

Property History

This property has been sold 6 times before. To view this property's sale price history please sign in or register:


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Contact Manoj Kukreja

Sales Representative, Re/max Premier Inc., Brokerage
(647) 576 - 2100