564, Lyons, 1014 - QE Queen Elizabeth, Oakville, Residential Freehold
- 9 beds |
- 6 baths |
- 3500-5000 SQFT
Description
Residential Freehold Multiplex 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.
Property Features: Marina, Park, Public Transit, School
Interior Features: In-Law Suite, Primary Bedroom - Main Floor, Water Heater
Cross Street: Lyons Lane / Cross Ave
Direction Faces: West
Key Facts
- Days on: 103 days
- Mls Status: New
- Board Property Type: Free
- Bedrooms Total: 9
- Bedrooms Above Grade: 9
- Bathrooms Total Integer: 6
- Lot Width: 150.00
- Kitchens Total: 6
- Parking Total: 10
- Parking Spaces: 8
- Parking Features: Private
- Garage Type: Detached
- Heat Source: Gas
- Heat Type: Forced Air
- Cooling: Central Air
- Living Area Range: 3500-5000 Square Feet
Location 564, Lyons, 1014 - QE Queen Elizabeth, Oakville
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