564 Lyons Lane, Oakville, ON, L6J 2Y1

CAD 2,599,000
For Sale MLS: W12865164

Property Details

Bedrooms

9

Bathrooms

6

Property Type

Multiplex

Description

Property Details: - Type: Multiplex - Bedrooms: 9 - Bathrooms: 6 - MLS#: W12865164 Listed By: ROYAL LEPAGE REALTY PLUS OAKVILLE

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. This multiplex home located at 564 Lyons Lane, Oakville is currently for sale and has been available on Zolo.ca for 1 day. This property is listed at $2,599,000 with an estimated mortgage of $9,566* per month. It has 9 beds, 6 bathrooms, and is 3500-5000 square feet. The property was built in 51-99. 564 Lyons Lane, Oakville is in the 1014 - QE Queen Elizabeth neighborhood Oakville.

Location

Address

564 Lyons Lane, Oakville, ON, L6J 2Y1

City

Oakville

Features and Finishes

None

Legal Notice

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