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Re-listed 233 days ago

509 Lakeshore Rd, Oakville, Ontario L6K 1G6

Detached
2
2
~2500-3000 sqft
$•••,•••
$2,998,888
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Detached
2
2
~2500-3000 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$1,099/sqft

Est. Mortgage$12,879/mo

Tax Amount (2024)$9,200/yr

Days On Market233 days

Total Days On Market372 days


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


Property Details

Style2-Storey
View-
Age of property-
SqFt~2500-3000 SqFt
Lot Size15,625 SqFt(125 x 125)
Parking Spaces10
MLS ®NumberW9361278
Community NameSouthwest Oakville
Data SourceTRREB
Listing byRE/MAX CONDOS PLUS CORPORATION

Features

Heating: Forced Air
Cooling: Central Air
Basement: Unfinished

Features

Lot size: 15,625 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 10


Property listed by RE/MAX CONDOS PLUS CORPORATION, Brokerage

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Market Data - Southwest Oakville

Geo Zone Map ThumbnailSouthwest Oakville

Balanced Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

15 days

Compared to

2024

11 days

2023

41 days

2022

13 days

New Listings

Past 30 days

9 listings

Compared to

2024

9 listings

2023

2 listings

2022

6 listings

Units sold

Past 30 days

4 units

Compared to

2024

2 units

2023

4 units

2022

8 units

Median Sold Price

Past 30 days

$2,527,500

Compared to

2024

$2,003,530

2023

$2,637,500

2022

$2,580,000


Population and Demographics

Overview

Total population 4054
Average household income $272,783

Age (%)

0 to 19
24%
50 to 64
24%
65 and plus
19%
35 to 49
18%
20 to 34
15%

Household composition (%)

Single family
79%
Single person
18%
Multi person
2%
Multi family
1%

Mother tongue (%)

English
76%
Mandarin
5%
Others
4%
Arabic
3%
Italian
2%
Tagalog (Pilipino, Filipino)
2%
Portuguese
1%
Urdu
1%
French
1%

House tenancy (%)

Owners
85%
Renters
15%

Schools and amenities

Estimated Budget