Toronto Luxury Condos and Homes

509 Lakeshore Road

$2,998,000

2-Bed

2-Bath

2500-3000 Sq. ft

Listed on 9/17/24

Come live in this 2-bed, 2-bath Home

Listed by RE/MAX CONDOS PLUS CORPORATION

This prime mixed-use property offers incredible potential in a prestigious, high-traffic location. The main floor currently operates as a convenience store, benefiting from its proximity to Appleby College with over 800 students, creating a built-in customer base. With a liquor license already in place, the store has significant growth potential, and there's the option to expand into a flower shop or plant nursery to further increase revenue. Additionally, the C1 SP:49 zoning allows for a wide range of businesses, such as medical offices, veterinary clinics, dental practices, or professional services, all ideal for the affluent residential community surrounding the area. A large parking lot and backyard provide convenience and space for future clientele. The second floor features a 2-bedroom apartment, offering additional rental income or the opportunity for a live-work setup. Whether you utilize the current structure or explore redevelopment options, this property is full of potential for both business and investment growth.

Extras

All existing appliances: Fridge, Gas Stove & Washer. All existing ELFS & window coverings

Property History

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Gallery

MLS #

W9361278

Style

Detached, 2-Storey

Sq/Ft

2500-3000

Rooms

4+2

Bedrooms

2

Bathrooms

2

Parking Spaces

10

A/C

Central Air

Basement

Unfinished

Den

N

Exterior

Vinyl Siding

Heating

Forced Air

Fireplace

N

Taxes

$9,199.84 (2024)

Lot

125.00x125.00 (Feet)

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Homes 509 Lakeshore Road, Oakville