564 Lyons Lane Oakville, Ontario L6J 2Y1
$2,990,000
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:61852)
Property Details
| MLS® Number | W12370151 |
| Property Type | Multi-family |
| Community Name | 1014 - QE Queen Elizabeth |
| AmenitiesNearBy | Marina, Park, Public Transit, Schools |
| Features | In-law Suite |
| ParkingSpaceTotal | 10 |
Building
| BathroomTotal | 6 |
| BedroomsAboveGround | 9 |
| BedroomsTotal | 9 |
| Age | 51 To 99 Years |
| Appliances | Water Heater, Dishwasher, Dryer, Garage Door Opener, Hood Fan, Washer, Window Coverings, Refrigerator |
| BasementDevelopment | Finished |
| BasementType | Full (finished) |
| CoolingType | Central Air Conditioning |
| ExteriorFinish | Vinyl Siding |
| FoundationType | Poured Concrete |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 3 |
| SizeInterior | 3500 - 5000 Sqft |
| Type | Other |
| UtilityWater | Municipal Water |
Parking
| Detached Garage | |
| Garage |
Land
| Acreage | No |
| LandAmenities | Marina, Park, Public Transit, Schools |
| Sewer | Sanitary Sewer |
| SizeDepth | 90 Ft |
| SizeFrontage | 150 Ft |
| SizeIrregular | 150 X 90 Ft |
| SizeTotalText | 150 X 90 Ft |
| ZoningDescription | N |
Interested?
Contact us for more information
Peter Markou
Broker
2347 Lakeshore Rd W # 2
Oakville, Ontario L6L 1H4
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November 17 2025 08:22:37
Toronto Real Estate Board
Royal LePage Realty Plus Oakville