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195 days on Market

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 Market195 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

Seller's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

38 days

Compared to

2024

20 days

2023

23 days

2022

5 days

New Listings

Past 30 days

7 listings

Compared to

2024

6 listings

2023

9 listings

2022

7 listings

Units sold

Past 30 days

5 units

Compared to

2024

2 units

2023

2 units

2022

2 units

Median Sold Price

Past 30 days

$2,220,000

Compared to

2024

$4,432,595

2023

$2,160,000

2022

$3,275,000


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