$3.0 mln - 2 Bedroom - House in Oakville, ON - 509 Lakeshore Rd | HomeSmile
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listed 100 days ago
$2,998,888
509 Lakeshore Rd
2
bedrooms
2
bathrooms
10
parking spaces

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.
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Sold history


General Info

2 bedroom detached house in Oakville
509 Lakeshore Rd, MLS: W9361278

Style | Type
2-storey | detached
Lot Width
125.0 ft
Lot Length
125.0 ft
Total Approx. Floor Area
2500-3000 sqft

Rooms

Bedrooms
2
Total Rooms
4+2
Bathrooms
2
Basement
unfinished

Parking

Garage spaces
0
Total spaces
10
Driveway
private

Financial info

Taxes
$9,200 / 2024

Additional info

Fireplace/Stove
none
Heating
forced air
Cooling
central air
Extras
all existing appliances: fridge, gas stove & washer. all existing elfs & window coverings

Rooms

FloorNameSize (m)Comments
2ndLiving7.06 x
3.05
Laminate, Window
2ndKitchen4.06 x
2.97
Laminate, Window
2ndPrim Bdrm4.11 x
3.43
Laminate, Closet, Window
2ndBr4.11 x
3.51
Laminate, Window

Other

Possession Details
flexible
Nearby Amenitites
fenced yard, park, place of worship, rec centre, school, waterfront
Exterior Finish
vinyl siding
Listing Brokerage
re/max condos plus corporation
Listing Sub-Area
old oakville
Zoning
c1 sp:49

Listing Information

Initial price
$2,998,000
Revised Price
$2,998,888
Listed date
17 sept 2024
Days On The Market
100
HomeSmile AI estimate