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509 Lakeshore Rd W
Oakville | Old Oakville | L6K 1G6- 2
- 2
- 0
$2,998,000
Est. Mtg $10,165 /mo-
Days on market
12
-
Status
New
Home details
- MLS #:
W9361278
- Property type:
- Detached
- Style:
- 2-Storey
- Taxes:
- $9,200
- Possession:
- Flexible
- Lot Front:
- 125.0 Feet
- Lot Depth:
- 125.0 Feet
- Basement:
- Unfinished |
- Driveway Pkg:
- 10
- Heat:
- Gas | Forced Air
Description
509 Lakeshore Rd W, , Oakville, Ontario is a Detached property in Oakville and in the Old Oakville community in the L6K 1G6 postal code
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.
History
Sign in for full access| List Date | End Date | List Price | End Price | Status | MLS # |
| 2023-10 | 2023-11 | $1,900 | $1,900 | Ter | W7238498 |
| 2024-05 | 2024-09 | $2,998,000 | $2,998,000 | Ter | W8293178 |
| 2024-09 | 2024-09 | $2,998,000 | $2,998,000 | New | W9361278 |
| 2023-04 | $3,970,000 | $3,970,000 | W5807285 | ||
| 2024-09 | $2,998,000 | $2,998,000 | W8293246 | ||
| 2024-09 | $2,998,000 | $2,998,000 | W9354874 |
Comparables
Sign in for full access| sold Date | Address | List Price | sold Price | DOM |
| 2024-05 | 124 Chisholm St, | $1,690,000 | $1,512,500 | 13 |
| 2024-02 | 133 Westside Dr, | $1,249,000 | $1,240,000 | 21 |
| 2023-10 | 50 Bond St, | $2,299,000 | $2,200,000 | 28 |
| 2022-02 | 122 Stewart St, | $1,075,000 | $1,100,000 | 5 |
| 2021-10 | 418 Reynolds St, | $1,349,000 | $1,365,000 | 5 |
| 2021-09 | 63 Howard Ave, | $5,295,000 | $5,295,000 | 6 |
| 2021-05 | 38 Bond St, | $1,249,999 | $1,300,000 | 4 |
| 2021-03 | 41 Burnet St, | $1,849,000 | $1,825,000 | 10 |
| 2020-05 | 42 Burnet St, | $1,375,000 | $1,312,000 | 89 |
| 2020-01 | 330 Pine Ave, | $2,325,000 | $2,160,000 | 162 |
| 2019-08 | 414 Inglehart St, | $1,099,000 | $1,060,000 | 70 |
| 2019-08 | 414 Inglehart St S, | $1,099,000 | $1,060,000 | 70 |
| 2018-07 | 208 Deane Ave, | $1,050,000 | $1,005,000 | 23 |
Statistics: TRREB Market Watch - JUNE 2023
Municipality activity Detached
Sale activity
Oakville :
132
$2,140,659
306
0.12%
Municipality activity All Property Types
Sale activity
Oakville :
$1,568,200
270
556
15
101%
-1.55%
Sale Chart - Detached
Oakville Average Price (2 Years):
Sale Chart - Detached
TRREB Total Average Price (2 Years):
Estimated running costs for 509 Lakeshore Rd W
Based on available 3rd party data
Approximate costs per month
- Mortgage
- $10165 p/m
- Energy
- from $75 p/m
- Water
- from $40 p/m
- Home insurance
- from $20 p/m
- Taxes
- $766 p/m
- Maintenance
- $0 p/m
Amenities:
Features:
-
Fenced Yard
-
Park
-
Place Of Worship
-
Rec Centre
-
School
-
Waterfront
Payment calculator
-
Principal and Interest
10165 /mo
-
Property Taxes
$766 /mo
-
Yearly Condo Fees
$0
* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.
P2 Realty Brokerage
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