Location, location! Oakville go! Rare legal 6-plex excellent income & future potential! Incredible opportunity to own a fully renovated six-plex in the heart of midtown oakville, backing onto the tranquil 16 mile creek ravine with riparian rights and private staircase access to the river offering a true muskoka feel just minutes from downtown! Situated on a premium pie-shaped lot (150w x 90d x 40d), this income-generating gem boasts a net income of $145k+ annually and features six self-contained units all renovated from the ground up with 6 brand new kitchens, 6 new bathrooms, granite countertops, porcelain tile, and stainless steel appliances throughout. Unit breakdown:1 x bachelor,1 x studio,2 x 1-bedroom,1 x 2-bedroom,1 x 3-bedroomzoned residential with legal non-conforming use as a 6-plex, offering excellent flexibility for multi-family living, rental investment, commercial use, airbnb, work/live, or owner-occupy with income offset. Additional features: 10-car parking, huge backyard backing onto ravine, steps to go station, walk to kerr village & downtown oakville, minutes to qew, 403, 407, top-rated schools, shops, restaurants & more prime redevelopment area with future land assembly potential in the rapidly growing midtown oakville corridor whether you're an investor, end-user, or developer, this property checks all the boxes for location, income, and long-term upside. Brokers protected.
Listing IDW12370151
Address564 Lyons Lane
CityOakville, Ontario
Price$2,990,000
Bed / Bath9 / 6 Full
Style3-Storey, Multiplex
ConstructionVinyl Siding
TypeMulti-Family
StatusFor Sale
