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Home ON Greater Toronto Area Oakville Southwest Oakville
509 LAKESHORE Road W
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509 LAKESHORE Road W $2,998,000
$2,998,000
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509 LAKESHORE Road W
Oakville, Ontario L6K1G6

MLS® Number: 40648544

Listing Description

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. (68085205)

Location Description

East of 4th Line On Lakeshore Rd W.

Property Summary

Property Type
Other
Storeys
2
Subdivision Name
1013 - OO Old Oakville
Title
Freehold
Land Size
under 1/2 acre
Annual Property Taxes
$9,199.84
Time on REALTOR.ca
58 days

Building

Interior Features
Basement Type
Full
Building Features
Features
Southern exposure
Utilities
Utility Type
Electricity (Available), Natural Gas (Available)
Utility Sewer
Municipal sewage system
Water
Municipal water
Neighbourhood Features
Community Features
High Traffic Area
Amenities Nearby
Schools

Measurements

Square Footage
2660 sqft
Exterior Building Size
2660 sqft

Land

Lot Features
Fencing
Fenced yard
Frontage
125 ft
Land Depth
125 ft
Other Property Information
Access
Highway access
Zoning Description
C1 sp:49
Data provided by: Barrie & District Association of REALTORS® Inc. 676 Veterans Drive, Barrie, Ontario L9J 0H6
Sung Jung Woo