{{::listingStatusInfo.daysOnMarket | timeAgo }}
 New Today
RENTED CONDITIONALLY
SOLD CONDITIONALLY
RENTED CONDITIONALLY WITH ESCAPE
SOLD CONDITIONALLY WITH ESCAPE
on {{::listingStatusInfo.soldAsOf | momentFormat }}
on {{::listingStatusInfo.soldAsOf | momentFormat }}
AS OF {{::listingStatusInfo.inactiveAsOf }}

$2,998,888Asking Price

509 Lakeshore Road, Oakville, ON L6K 1G6

Old Oakville, Oakville

Detached
2
Bedrooms
2
Baths
10
Parking
Days on Market

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

Thank you for your inqury! We’ll be in touch shortly about your request.
Tour this home:

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

Key Info

  • 2-Storey Detached
  • 10-Car Driveway
  • No Garage
  • Lakeshore Rd W & Fourth Line
  • 2500-3000 Approximate Sq Feet
  • Unfinished Basement
  • 1 Kitchen
  • Forced Air Gas Heating
  • Central Air

Property

  • Lot Size 125 x 125 Feet
  • Vinyl Siding Exterior
  • Taxes were $9,199 in 2024
  • Possession: Flexible

Details

  • No Fireplace
  • No Family Room
  • Sewers
  • Municipal Water
  •  
  • MLS #W9361278
  • RE/MAX CONDOS PLUS CORPORATION

Extras

Room Floor Dimensions Details
Washroom1 4-Piece Bathroom
Washroom1 2-Piece Bathroom on Main Floor

Who lives here?

Old Oakville, Oakville is a west GTA neighbourhood notable for its singles, renters and salespeople. It has a higher than average population of immigrants from the UK. Residents tend to be older with a significant number of adults aged 25 to 34, 25 to 34 and 25 to 34 and seniors aged 65 to 79.

Families

Kids Per Family

1.0

kids per family
in the neighbourhood.

Oakville  (1.3)
Gta  ({{ '1.29999995231628' | number: 1 }})

Singles

47% of residents are
single and loving it.

47% singles

Oakville (40%)
Gta ({{ '44.8800010681152' | number: 0 }}%)

Renters

47% of residents
are renters.

47% renters

Oakville (19%)
Gta ({{ '33.0200004577637' | number: 0 }}%)

Education

51% of residents are
university grads.

51% university grads

Oakville (56%)
Gta ({{ '43.6699981689453' | number: 0 }}%)

Income

Average Household Income

$262K

is the average household
income in the neighbourhood.

Oakville  ($202K)
Gta  ({{ '135056.828125' | minifiedCurrency }})

Professions

Professions

Sales 14%
Business 10%
Management 10%
Government 7%
Trades 4%

Immigrants

35% of residents were
born outside of Canada.

35% immigrants

Oakville (37%)
Gta ({{ '45.4300003051758' | number: 0 }}%)

Birthplace - All

UK was once home to 5.7% of immigrants.
Philippines 3.9%
China 1.7%
Portugal 1.7%
India 1.7%

5.7% from UK
All-time

Birthplace - Recent

Philippines was once home to 1.5% of immigrants.
China 1.0%
India 0.8%
UK 0.5%
USA 0.3%

1.5% from Philippines
Recent

Foreign Languages

Foreign Languages

Portuguese 2%
Mandarin 2%
Tagalog 2%
French 2%
Arabic 2%

Religions

Religions

Christian 67%
Muslim 3%
Hindu 2%
Jewish 1%