509 Lakeshore Rd W

Detached For Sale in Old Oakville, Oakville

$2,998,000
  • 2 Beds
  • 2 Baths
  • 2,500 Sq. Ft.
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.
Address 509 Lakeshore Rd W
List Price $2,998,000
Property Type Free
Type of Dwelling Detached
Style of Home 2-Storey
Area Oakville
Sub-Area Old Oakville
Bedrooms 2
Bathrooms 2
Floor Area 2,500 Sq. Ft.
MLS® Number W9361278
Listing Brokerage RE/MAX CONDOS PLUS CORPORATION
Postal Code L6K 1G6
Tax Amount $9,200
Tax Year 2024

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Victor Alvarez, Sales Representative

RE/MAX Condos Plus Corp. Brokerage

45 Harbour Square Toronto ON M5J 2G4

Mobile: 647-223-0562

Office: 416-203-6636

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