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 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+ tentans, 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 parkings 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.
Private attached garage with 2 parking spaces (1 covered)
Security
Security system
Smoke detectors
Construction
Concrete and brick construction
Utilities
Public water
Cable available
Sale and tax history for 86 Lakeshore Rd W
Sale History
Tax History
Date
Event
Price
TREB #W13744206
Sep 4, 2026
Listed
$1,199,000
TREB #W12911658
Mar 23, 2026
Listed
$1,499,000
TREB #W11981991
Feb 19, 2026
Delisted
—
Feb 21, 2025
Listed
$1,690,000
+45
Rare opportunity to own a luxurious live/work townhome in the heart of Oakville. Just steps from the waterfront and downtown core. This turnkey property features a beautifully designed residential unit with 9ft ceilings, a stunning kitchen with granite countertops and stainless steel appliances, and a spacious upper level with two bedrooms and a flexible skylit space. The street-facing commercial storefront has undergone two major renovations, including a main floor store with 10ft high, a finished lower level with ample storage, and a powder room. Ideal for office or retail use. Located on prestigious Lakeshore Road. This property is surrounded by high-end shops, cafes, restaurants and multi-million dollar homes, with easy access to the Q. E. W. and GO Train. An exceptional investment with two separate addresses and meters (95 Kerr St. # 6 for residential, 86 Lakeshore Rd W for Commercial), both units currently occupied by A. A. A. Tenants for strong rental income. Tenants Prefer to Stay If Possible.
As the MLS and public records start to fill up, we'll list the details here.