564 Lyons Ln

For Sale New 6 Days
$3,290,000
9 beds
6 baths

564 Lyons Ln

For Sale New 6 Days
$3,290,000
9 beds
6 baths

Highlights

Key insights

Description

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:63267)

PETER MARKOU of ROYAL LEPAGE REALTY PLUS OAKVILLE,
#W12370151
updated 13 hours ago.
Houseful checked MLS® for data 13 hours ago.

Home overview

Amenities / Utilities
  • Cooling
    Central air conditioning
  • Heat source
    Natural gas
  • Heat type
    Forced air
  • Sewer/ septic
    Sanitary sewer
Exterior
  • # total stories
    3
  • # parking spaces
    10
  • Has garage (y/n)
    Yes
Interior
  • # full baths
    6
  • # total bathrooms
    6.0
  • # of above grade bedrooms
    9
Location
  • Subdivision
    1014 - qe queen elizabeth
Overview
  • Lot size (acres)
    0.0
  • Listing #
    W12370151
  • Property sub type
    Multi-family
  • Status
    Active
SOA_HOUSEKEEPING_ATTRS
  • Listing source url
    Https://www.realtor.ca/real-estate/28790428/564-lyons-lane-oakville-qe-queen-elizabeth-1014-qe-queen-elizabeth
  • Listing type identifier
    Idx

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The Home Overview listing data and Property Description above are provided by the Canadian Real Estate Association (CREA). All other information is provided by Houseful and its affiliates.
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$-8,773

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25 Years fixed, 20% down payment, % interest
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