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.
Under Contract:
Other
Property Type:
Residential Freehold
Property Sub Type:
Multiplex
Property Attached:
Yes
Home Style:
3-Storey
Approx. Age:
51-99
Total Approx Floor Area:
3500-5000
Depth:
90'27.4 m
Frontage:
150'45.7 m
Lot Details:
150.00 x 90.00 Feet
Direction Faces:
West
Bedrooms:
6
Bathrooms:
6.0
Water supply:
Municipal
Kitchens:
6
Bedrooms Above Grade:
6
Kitchens Above Grade:
6
# Main Level Bedrooms:
0
# Main Level Bathrooms:
0
Rooms Above Grade:
18
Rooms:
18
Zoning:
N
Heating type:
Forced Air
Heating Fuel:
Gas
Cooling:
Yes
Foundation:
Poured Concrete
Roof:
Asphalt Shingle
Basement:
Finished, Full
Fireplace/Stove:
No
Attached Garage:
No
Garage:
Detached
Garage Spaces:
2.0
Parking Features:
Private
Parking Spaces:
8
Total Parking Spaces:
10.0
Family Room:
No
Possession Details:
TBD
Pool:
None
HST Applicable To Sale Price:
Included In
Taxes:
$6,500 /
2024
Assessment:
$- /
-
Oakville
1014 - QE Queen Elizabeth
Halton
Marina, Park, Public Transit, School
In-Law Suite, Primary Bedroom - Main Floor, Water Heater
HVAC SYSTEM
Fridge, Range Hood, Dishwasher, Washer, Dryer, Smoke Detector, Garage Door Opener, Window Coverings.
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