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
Address
509 Lakeshore Rd W
List Price
$2,998,888
Property Type
Free
Type of Dwelling
Detached
Style of Home
2-Storey
Area
Oakville
Sub-Area
Old Oakville
Bedrooms
2
Bathrooms
2
Floor Area
2,500 Sq. Ft.
MLS® Number
W9361278
Listing Brokerage
RE/MAX CONDOS PLUS CORPORATION
Postal Code
L6K 1G6
Tax Amount
$9,199.84
Tax Year
2024