Looking for a commercial residential for sale? These mixed-use properties offer flexibility and income potential, blending business space with residential living. Whether you’re an investor, entrepreneur, or buyer seeking passive income, commercial-residential real estate presents excellent long-term value.

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86 Lakeshore Road W
1002 - CO Central Oakville L6K 3A2

$1,199,000 /For Sale
Commercial

Main Photo: 86 Lakeshore Road W in Oakville: 1002 - CO Central Commercial for sale : MLS®# W13744220
Photo 1: 86 Lakeshore Road W in Oakville: 1002 - CO Central Commercial for sale : MLS®# W13744220
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Status:
Active
Prop. Type:
Commercial
MLS® Num:
W13744220
Bus Major:
Health & Beauty Related
Exceptional opportunity in the heart of Old Oakville on prestigious Lakeshore Road West. This rare mixed-use (commercial + residential) property offers the perfect blend of lifestyle flexibility and strong income potential. Featuring a street-level retail space with excellent exposure and a separate entrance to a spacious two-storey residential unit above, this property is ideal for both investors and end- users. With separate meters for each unit, it offers convenience, efficiency, and flexibility in managing tenants or personal use. The property has AAA+ tenants, generates approximately $80,000 in annual rental income, providing immediate cash flow. The commercial component is further enhanced by a fully finished basement, offering two workshop areas, a waiting room, storage, and a bathroom-adding valuable functional space for a wide range of business uses. Ideally located just steps to the lake, downtown Oakville, boutique shops, cafes, and transit, this high-exposure location ensures strong tenant demand and long-term value appreciation. Key Highlights: Prime mixed-use property with two municipal addresses (86 Lakeshore/95 Kerr #6) Town center street-level retail with excellent visibility(appr.530sqft ground plus basement workshops) Separate entrance to upper two-storey residential unit (appr.1700sqft). Separate meters for residential and commercial units. Fully finished basement with workshops, waiting area, storage & bathroom. Dual income streams - residential + commercial(appr. $80k annually). Upper unit on flexible tenancy, offering end-user or investor versatility. Inside and outside parking's and one commercial ground parking pass. Well-maintained with upgraded major systems. Brand new hot water tank and air handlers. New dishwasher and stove. A rare opportunity for investors seeking stable cash flow or end-users looking to operate a business while living above or offsetting expenses with rental income.
Property Type:
Commercial
Property Sub Type:
Commercial Retail
Property Attached:
Yes
Freestanding:
No
Approx. Age:
16-30
Total Area:
2300 sq. ft. Square Feet
Total Area:
2,300 sq. ft.
Retail Area:
530 sq. ft. Sq Ft
Lot Depth:
77'7"
Lot Frontage:
16'6"
Lot Shape:
Rectangular
Lot Details:
14.11 x 72.00
Bedrooms:
2
Bathrooms:
3.0
Water supply:
Municipal
Kitchens:
1
Rooms:
7
Zoning:
CBD
Heating type:
Gas Hot Water
Heating Fuel:
Gas
Cooling:
Yes
Garage:
Single Detached
Parking Spaces:
2
Possession Details:
Flexible
HST Applicable To Sale Price:
Included In
Assessment:
$697,000
Assessment Year:
2025
Type Taxes:
Annual
Taxes:
$8,947.83 / 2025
Assessment:
$697,000.00 / 2025
Halton
Oakville
1002 - CO Central
Major Highway, Public Transit
No
Reliance equipment rentals downstairs hot water tank, air handler upstairs air handler
Fridge, stove, dishwasher, washer, dryer, all current fixtures, window coverings, garage opener.
None
UFFI:
No
Utilities:
Yes
Sewers:
Sanitary
Air Conditioning:
Yes
Seller Property Info Statement:
No
Condo Fee:
$223.21
Major Business Type:
Health & Beauty Related
Category:
Multi-Use
Date Listed:
Sep 04, 2026
Original Price:
Previous Price:
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Listed by INTERCITY REALTY INC.
Data was last updated September 4, 2026 at 12:15 PM (UTC)
DARYL  KING
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Why Choose a Commercial Residential Property?

Dual Income Potential – Earn from both residential tenants and commercial leases
Ideal for Business Owners – Live and work in the same space or rent one out
High Demand in Urban Centers – Great appreciation in key GTA neighborhoods
Tax Benefits – Potential deductions for property taxes, mortgage interest, and depreciation

Explore Commercial Residential Across the GTA

From downtown Toronto storefronts with apartments above to suburban mixed-use lots, the GTA offers diverse opportunities. Consider locations like:

  • Hamilton & Durham – More affordable options with upside potential
  • Toronto Core – High foot traffic and visibility
  • Vaughan & Richmond Hill – Rapid suburban growth

Tips for Buying a Commercial Residential Property

Make sure to research zoning laws, expected rental yields, and property management needs. Consult professionals for financing, legal advice, and inspections.

Start Your Search for a Commercial Residential Property Today

Browse our listings to find a property that suits your investment goals or lifestyle. Whether you’re expanding a business or building long-term equity, now is the time to invest in this versatile property type.

lore More GTA Homes:

Each link provides updated listings and expert insights.

FAQs – Commercial Residential for Sale

1. What is a commercial residential property?
It’s a mixed-use property that combines residential living space with commercial units, like retail or office.

2. Are these properties good investments?
Yes. They offer dual income streams and strong appreciation in high-growth areas.

3. Can I live in the residential portion and rent the commercial part?
Absolutely. Many owners choose to occupy one space and lease the other for income.

4. What financing options are available?
You may need a commercial mortgage or mixed-use loan; rates and terms vary from traditional home loans.