564 Lyons Lane, QE Queen Elizabeth, Oakville

564 Lyons Lane

QE Queen Elizabeth, Oakville

564 Lyons Lane

QE Queen Elizabeth, Oakville

$3,290,000

Bedroom icon9 Bed
Bathroom icon6 Bath
Squarefootage icon3,500 sqft

About this Multiplex

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.

Listed by ROYAL LEPAGE REALTY PLUS OAKVILLE.

Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Brixwork for your convenience.
Disclaimer: This representation is based in whole or in part on data generated by the Brampton Real Estate Board, Durham Region Association of REALTORS®, Mississauga Real Estate Board, The Oakville, Milton and District Real Estate Board and the Toronto Real Estate Board which assumes no responsibility for its accuracy.

Browse Photos

Features

  • MLS®: W12370151
  • Type: Multiplex
  • Bedrooms: 9
  • Bathrooms: 6
  • Square Feet: 3,500 sqft
  • Lot Size: 13,500 sqft
  • Frontage: 150.00 ft
  • Depth: 90.00 ft
  • Taxes: $6,500 (2024)
  • Parking: 10 Detached
  • Basement: Finished, Full
  • Year Built: 5199
  • Style: 3-Storey

Contact me now to see this property in person!

416.960.9995