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. With a liquor license already in place, the store has significant growth potential, and there's the option to expand into a flower shop or plant nursery to further increase revenue. 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 (id:4069)
| Address |
509 LAKESHORE ROAD W |
| List Price |
$2,998,000 |
| Property Type |
Single Family |
| Type of Dwelling |
House |
| Area |
Ontario |
| Sub-Area |
Oakville (old Oakville) |
| Bedrooms |
2 |
| Bathrooms |
2 |
| Floor Area |
2,500 Sq. Ft. |
| Lot Size |
125 x 125 FT Sq. Ft. |
| MLS® Number |
W9361278 |
| Listing Brokerage |
RE/MAX CONDOS PLUS CORPORATION
|
| Basement Area |
N/A (Unfinished) |
| Postal Code |
L6K1G6 |
| Zoning |
C1 sp:49 |
| Site Influences |
Park, Place of Worship, Schools, Waterfront |
| Features |
Sump Pump |
