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    For Sale - 564 Lyons Lane, Oakville, Ontario

    Est payment $12,480/mo
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    Views   2
    Time on Jump  24 day

    AI Summary *

    • Fully renovated six-plex in a prime location near downtown Oakville.
    • Six self-contained units with updated kitchens and bathrooms for convenience.
    • Large backyard offering peaceful views of the nearby 16 Mile Creek.
    • 10-car parking available, enhancing accessibility for tenants and guests.
    • Zoned for flexibility, perfect for rentals, multi-family living, or future development.




    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 IDW12865164
    Address564 Lyons Lane
    CityOakville, Ontario
    Price$2,599,000
    Bed / Bath9 / 6 Full
    Style3-Storey, Multiplex
    ConstructionVinyl Siding
    TypeMulti-Family
    StatusFor Sale

    Subtype MultiplexIndoor Features In-Law Suite, Primary Bedroom - Main Floor, Water HeaterAmenities Marina, Park, Public Transit, SchoolOwnership FreeholdBasement Finished, FullFoundation Poured ConcreteHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

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    Listing Agency:  ROYAL LEPAGE REALTY PLUS OAKVILLE

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    564 Lyons Lane
    Oakville , Ontario
    9 6 $2,599,000
    Get more info