$2,998,000

2 Bed, 2 Bath, 2,500 ft², 2-Storey home is located near Lakeshore Rd W & Fourth Line in Old Oakville.

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.

509 Lakeshore Rd W, Oakville is a 2 bedroom, 2 bathroom residential 2-Storey detached home. 509 Lakeshore Rd W, Oakville is conveniently located in the Old Oakville neighbourhood of Oakville Ontario. 509 Lakeshore Rd W, Oakville is an MLS®-Listed home with an asking price of $2,998,000. This residential property has been listed on ctfrealty.com for 1 days. Based on the Listing Price of 509 Lakeshore Rd W, Oakville, the estimated monthly mortgage payment would be $14,486. This Mortgage payment is calculated on a 5 year fixed mortgage with 25 year amortization and an interest rate of 5.39% with a down payment of 20%. The Annual property taxes for 509 Lakeshore Rd W, Oakville are approximately $9,200/year based on 2024 assessment.

This 2-Storey detached home located at 509 Lakeshore Rd W, Oakville features a Vinyl Siding exterior. The lot size of this North facing property is 125 x 125 feet. The property has 10 parking spaces. The home has Gas fueled Forced Air heating. The living room at 2nd level has laminate, window. The kitchen at 2nd level has laminate, window. The master bedroom at 2nd level has laminate, closet, window. The bedroom at 2nd level has laminate, window. Features of 509 Lakeshore Rd W, Oakville include fenced yard, park, place of worship, recreation centre, school, waterfront.