564 LYONS LANE, Oakville (qe Queen Elizabeth), Ontario, L6J2Y1
Sales Representative
RE/MAX Right Move Brokerage - Orillia
Cell: 705-238-6459
Tel: 705-325-1373
$2,990,000 - For sale
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. (id:2471)
Location DescriptionLyons Lane / Cross Ave
- Property Address:564 LYONS LANE, Oakville (qe Queen Elizabeth), Ontario, L6J2Y1
- Property Type:Multi-family
- Community Name:1014 - QE Queen Elizabeth
- Lot Size:150 x 90 FT
- Sewage Type:Sanitary sewer
- Water Type:Municipal water
- Driveway:Detached Garage, Garage
- Parking Space Total:10
- Structure Style:Other
- Bedrooms:9
- Bathrooms:6
- Floor Space:3500 - 5000 sqft
- Heating Type:Natural gas, Forced air
- Storeys:3
- Basement Type:Full (Finished)
- Foundation Type:Poured Concrete
- Cooling Type:Central air conditioning
- Appliances Included:Water Heater, Dishwasher, Dryer, Garage door opener, Hood Fan, Washer, Window Coverings, Refrigerator
- Exterior Type:Vinyl siding
- Amenities Nearby:Marina, Park, Public Transit, Schools
Sales Representative
RE/MAX Right Move Brokerage - Orillia
Cell: 705-238-6459
Tel: 705-325-1373
MLS®, REALTOR®, and the associated logos are trademarks of The Canadian Real Estate Association. This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association.
- Map 564 LYONS LANE, Oakville (qe Queen Elizabeth), Ontario, L6J2Y1
- Neighbourhood Information
564 LYONS LANE, Oakville (qe Queen Elizabeth), Ontario, L6J2Y1
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