86 Lakeshore Rd W

FOR SALE
$1,690,000
86 Lakeshore Rd W, Oakville
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2
BEDROOMS
3
BATHROOMS
1
KITCHENS
6
ROOMS
W11981991
MLSID
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Property Description
Rare opportunity to own a luxurious live/work townhome in the heart of Oakville. Just steps from the waterfront and downtown core. This turnkey property features a beautifully designed residential unit with 9ft ceilings, a stunning kitchen with granite countertops and stainless steel appliances, and a spacious upper level with two bedrooms and a flexible skylit space. The street-facing commercial storefront has undergone two major renovations, including a main floor store with 10ft high, a finished lower level with ample storage, and a powder room. Ideal for office or retail use. Located on prestigious Lakeshore Road. This property is surrounded by high-end shops, cafes, restaurants and multi-million dollar homes, with easy access to the Q.E.W. and GO Train. An exceptional investment with two separate addresses and meters (95 Kerr St. # 6 for residential, 86 Lakeshore Rd W for Commercial), both units currently occupied by A.A.A. Tenants for strong rental income. Tenants Prefer to Stay If Possible.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2020-08-17 2020-12-31 136 $1,159,000 - Expired
2020-06-30 2020-08-17 48 $999,000 - Terminated
2020-02-15 2020-03-15 29 $1,159,000 - Terminated
Nearby Intersections
Property Features
Arts Centre, Fenced Yard, Library, Park, Public Transit, Terraced
Property Details
Property Type
Att/Row/Townhouse, 3-Storey
Approximate Sq.Ft.
2000-2500
Lot Size
16' x 77'
Fronting
South
Taxes
$8,622 (2024)
Basement
Finished
Exterior
Brick, Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
1
Driveway
Private
Garage Type
Attached
Room Summary
RoomLevelSizeFeatures
OtherMain13.65' x 20.57'Laminate
Family2nd13.81' x 28.05'Hardwood Floor, W/O To Terrace
Kitchen2nd13.75' x 15.22'Tile Floor
Prim Bdrm3rd13.65' x 20.41'Hardwood Floor, Ensuite Bath, Skylight
Br3rd13.06' x 14.57'Hardwood Floor
Oakville Market Statistics
Oakville Price Trend
86 Lakeshore Rd W is a 2-bedroom 3-bathroom townhome listed for sale at $1,690,000, which is $887,072 (110.5%) higher than the average sold price of $802,928 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 2 bedroom townhome in Oakville increased by $101,095 (14.4%) compared to the previous 30 day period (December 22 - January 20) and down $21,665 (2.6%) from the same time one year ago.
Inventory Change
There were 26 2-bedroom townhomes listed in Oakville over the last 30 days (January 21 - February 19), which is up 44.4% compared with the previous 30 day period (December 22 - January 20) and up 4.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom townhomes in Oakville typically sold ($23,263) (2.9%) below asking price over the last 30 days (January 21 - February 19), which represents a $8,280 decrease compared to the previous 30 day period (December 22 - January 20) and ($7,574) less than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 2-bedroom townhomes in Oakville over the last 30 days (January 21 - February 19) stood at 53.8%, up from 33.3% over the previous 30 days (December 22 - January 20) and down from 64.0% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 3-bathroom townhome in Oakville stood at 27 days when successfully sold over the last 30 days (January 21 - February 19), compared to 76 days before being removed from the market upon being suspended or terminated.
Listing contracted with Intercity Realty Inc.
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