About 509 Lakeshore Road W
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.
Features of 509 Lakeshore Road W
| MLS® # | 40648544 |
|---|---|
| Price | $2,998,888 |
| Bathrooms | 0.00 |
| Acres | 0.00 |
| Type | Commercial Sale |
| Sub-Type | Store with Apt/Office,Building and Land |
| Status | Active |
Community Information
| Address | 509 Lakeshore Road W |
|---|---|
| Area | 1 - Oakville |
| Subdivision | 1013 - OO Old Oakville |
| City | Oakville |
| County | Halton |
| Province | ON |
| Postal Code | L6K 1G6 |
Amenities
| Utilities | Electricity Connected, Natural Gas Connected |
|---|---|
| # of Garages | 0.00 |
| Is Waterfront | No |
Interior
| Fireplace | No |
|---|---|
| Has Basement | Yes |
| Basement | Full |
Exterior
| Lot Description | Ample Parking, High Traffic Area, Highway Access, Schools |
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Additional Information
| Date Last Updated | January 20th, 2025 |
|---|---|
| Zoning | C1 sp:49 |
Listing Details
| Office | RE/MAX Condos Plus Corporation, Brokerage |
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