86 Lakeshore Road W, Oakville, ON L6K 3A2
1002 - CO Central, Oakville · Near Lakeshore Rd. W & South Of Kerr St · View map
About this home
Exceptional opportunity in the heart of Old Oakville on prestigious Lakeshore Road West. This rare mixed-use (commercial + residential) property offers the perfect blend of lifestyle potential. Featuring a street-level retail space with excellent exposure and a separate entrance to a spacious two-storey residential unit above, this property is ideal for both investors and end- users. With separate meters for each unit, it offers convenience, efficiency, and flexibility in managing tenants or personal use. The property has AAA+ tentans, generates approximately $80,000 in annual rental income, providing immediate cash flow. The commercial component is further enhanced by a fully finished basement, offering two workshop areas, a waiting room, storage, and a bathroom-adding valuable functional space for a wide range of business uses. Ideally located just steps to the lake, downtown Oakville, boutique shops, cafes, and transit, this high-exposure location ensures strong tenant demand and long-term value appreciation. Key Highlights: Prime mixed-use property with two municipal addresses (86 Lakeshore/95 Kerr #6), Town center street-level retail with excellent visibility(appr.530sqft ground plus basement workshops), Separate entrance to upper two-storey residential unit (appr.1700sqft), Separate meters for residential and commercial units, Fully finished basement with workshops, waiting area, storage & bathroom, Dual income streams - residential + commercial(appr. $80k annually), Upper unit on flexible tenancy, offering end-user or investor versatility, Inside and outside parkings and one commercial ground parking pass, Well-maintained with upgraded major systems, Brand new hot water tank and air handlers, New dishwasher and stove. A rare opportunity for investors seeking stable cash flow or end-users looking to operate a business while living above or offsetting expenses with rental income. The property management fee is $255/month.
The home
- Type
- Freehold townhouse
- Style
- 3-Storey
- Square footage
- 2000-2500 sq ft
- Bedrooms
- 2
- Bathrooms
- 3
- Kitchens
- 1
- Rooms
- 6
- Basement
- Finished, Full
- Lot size
- 16.5 x 78.7 ft
- Faces
- South
- View
- City, Downtown, Lake, Park/Greenbelt, Trees/Woods
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Security
- Alarm System, Security System, Smoke Detector
- Exterior
- Concrete, Brick
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Air conditioning
- Central Air
- Fireplace
- No
Garage & parking
- Garage
- Attached
- Garage spaces
- 1
- Driveway spaces
- 1
- Total parking
- 2
- Parking features
- Private
Taxes & other
- Property taxes
- $8,948/yr
- Tax year
- 2025
- Occupancy
- Tenant
- Possession
- Flexible
- Cross street
- Lakeshore Rd. W & South Of Kerr St
- Neighbourhood
- 1002 - CO Central
More
- Price per sq ft
- ~$533 (at 2,250 sq ft)
- Listed
- Sep 4, 2026 · 37 days ago
- MLS® number
- W13744206
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The home and its surroundings
- Separate Heating Controls
- Separate Hydro Meter
- Storage
- Water Heater
- Arts Centre
- Fenced Yard
- Library
- Park
- Public Transit
- Terraced
- Landscaped
- Paved Yard
- Privacy
- Porch
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
86 Lakeshore Road, Oakville, ON L6K 3A2
1002 - CO Central, Oakville · Near Lakeshore Rd. W & South Of Kerr St
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Listing history for 86 Lakeshore Road
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 86 Lakeshore Road W
Answers come straight from this home’s MLS® listing.
How much is 86 Lakeshore Road W listed for, and what would it cost each month?
86 Lakeshore Road W is listed for $1,199,000. With 20% down ($239,800), the mortgage payment would be roughly $4,836 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $5,582 a month, all in. That figure is an illustration, not a quote.
Is 86 Lakeshore Road W a freehold or a condo townhouse, and is there a monthly fee?
86 Lakeshore Road W is a freehold townhouse in 1002 - CO Central, Oakville. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 86 Lakeshore Road W have?
86 Lakeshore Road W has 2 bedrooms and 3 bathrooms. The listing gives the style as 3-storey.
Does 86 Lakeshore Road W have a garage and parking?
Yes. The listing shows the garage as attached, with room for 1 car. The driveway adds 1 space. In total the listing counts 2 parking spaces.
Does 86 Lakeshore Road W have a finished basement?
The listing describes the basement as finished, full. Finished basement space is usually not counted in the square footage shown.
How big is 86 Lakeshore Road W, and what is the lot size?
The listing puts the home between 2,000 and 2,500 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 16.5 x 78.7 ft.
How is 86 Lakeshore Road W heated and cooled?
Heating is forced air (gas). Cooling is central air.
What are the property taxes for 86 Lakeshore Road W?
Property taxes are $8,948 a year (2025), or about $746 a month.
Where is 86 Lakeshore Road W?
86 Lakeshore Road W is in the 1002 - CO Central community of Oakville. The nearest main intersection is Lakeshore Rd. W & South Of Kerr St. The postal code is L6K 3A2.
How long has 86 Lakeshore Road W been on the market?
86 Lakeshore Road W was listed on September 4, 2026. It has been on the market for 37 days. It is an active listing (MLS® W13744206). Listings here update from the board through the day and come down once a home sells.
What are similar townhouses near 86 Lakeshore Road W asking?
Similar townhouses for sale nearby right now include 173 Margaret Drive at $1,185,880 (3 bed), 3322 Umar Avenue at $1,179,800 (3+1 bed) and 1371 Kestell Boulevard at $1,149,000 (3+1 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 86 Lakeshore Road sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 86 Lakeshore Road W?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-619-2256.
Have a different question? Ask about this townhouse and get an answer, usually within the hour.
Similar townhouses nearby
More townhouses for sale near 1002 - CO Central, picked by type, size and price.
Freehold townhouse$1,185,880173 Margaret Drive, Oakville3 bed · 3 bath · 1002 - CO CentralCourtesy of: ROYAL LEPAGE STATE REALTYView townhouse →
Freehold townhouse$1,179,8003322 Umar Avenue, Oakville3+1 bed · 3 bath · 1040 - OA Rural OakvilleCourtesy of: CITYSCAPE REAL ESTATE LTD.View townhouse →
Freehold townhouse$1,149,0001371 Kestell Boulevard, Oakville3+1 bed · 4 bath · 1009 - JC Joshua CreekCourtesy of: CENTURY 21 MYPRO REALTYView townhouse →Courtesy of: INTERCITY REALTY INC.
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.