9 Beds 6 Bath

564 Lyons Lane, Oakville, ON L6J 2Y1

Oakville L6J 2Y1 Ontario

MLS: W12370151

$3,290,000

Added 5 days ago | For Sale

Listed by: ROYAL LEPAGE REALTY PLUS OAKVILLE

About Property

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.

Features

  • House Style:Multiplex
  • Bathrooms:6
  • Land Size: 150 X 90
  • Water:Municipal
  • Garage Spaces: /Detached
  • Driveway:
  • Heating Fuel:Gas
  • Cross Street:Lyons Lane / Cross Ave
  • Basement:Finished,Full , Finished,Full
  • Possession Date:TBD
  • Annual Property taxes: $6500
  • Bedrooms:9
  • Total Parking Spaces:8
  • Parking Places:8
  • Heating Type:Forced Air
  • Pool Type:None
  • Exterior:
  • Direction Facing:West
  • Front Footage:
  • Listing ID:W12370151

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