Unknown for 564 Lyons Lane, Oakville Ontario L6J 2Y1
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564 Lyons Lane, Oakville, Ontario L6J 2Y1

Townhouse
6
6
~3500-5000 sqft
$3,290,000
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Townhouse
6
6
~3500-5000 sqft

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Highlights

Property Estimate

Days on market2 hours

Estimated valueNot available

Price/Sqft$799/sqft

Monthly cost

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Description

LOCATION, LOCATION! OAKVILLE GO! RARE LEGAL 6-PLEX EXCELLENT INCOME & FUTURE POTENTIAL! Incredible opportunity to own a fully renovated six-plex in the heart of Midtown Oakville, backing onto the tranquil 16 Mile Creek ravine with riparian rights and private staircase access to the river offering a true Muskoka feel just minutes from downtown! Situated on a premium pie-shaped lot (150W x 90D x 40D), this income-generating gem boasts a Net Income of $145K+ annually and features six self-contained units all renovated from the ground up with 6 brand new kitchens, 6 new bathrooms, granite countertops, porcelain tile, and stainless steel appliances throughout. Unit Breakdown:1 x Bachelor,1 x Studio,2 x 1-Bedroom,1 x 2-Bedroom,1 x 3-BedroomZoned Residential with legal non-conforming use as a 6-plex, offering excellent flexibility for multi-family living, rental investment, commercial use, AirBnB, work/live, or owner-occupy with income offset. Additional Features: 10-car parking, Huge backyard backing onto ravine, Steps to GO Station, Walk to Kerr Village & Downtown Oakville, Minutes to QEW, 403, 407, top-rated schools, shops, restaurants & more Prime redevelopment area with future land assembly potential in the rapidly growing Midtown Oakville corridor Whether you're an investor, end-user, or developer, this property checks all the boxes for location, income, and long-term upside. BROKERS PROTECTED.


Property Details

Style3-Storey
View-
Age of property51-99
SqFt~3500-5000 SqFt
Lot Size13,500 SqFt(90 x 150)
Parking Spaces10
MLS ®NumberW12370151
Community NameOakville Business Corridor
Data SourceTRREB
Listing byROYAL LEPAGE REALTY PLUS OAKVILLE

Features

Heating: Forced Air
Cooling: Central Air
Basement: Finished, Full

Features

Lot size: 13,500 SqFt

Parking

Garage spaces 2

Garage type Detached

Other parking spaces 8

Total parking spaces 10


Population and Demographics

Overview

Total population 11495
Average household income $186,657

Age (%)

0 to 19
24%
20 to 34
17%
35 to 49
21%
50 to 64
22%
65 and plus
17%

Household composition (%)

Single family
75%
Single person
22%
Multi person
3%
Multi family
1%

Mother tongue (%)

English
74%
Mandarin
6%
Others
4%
Arabic
2%
Spanish
2%
Portuguese
2%
Urdu
1%
Italian
1%
French
1%
Polish
1%

House tenancy (%)

Owners
76%
Renters
24%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget