564 Lyons Ln

For Sale New 6 Days
$3,290,000
9 beds
6 baths
3,700 Sqft

564 Lyons Ln

For Sale New 6 Days
$3,290,000
9 beds
6 baths
3,700 Sqft

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 (150’W x 90’D x 40’D), 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-Bedroom Zoned 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.

Peter Markou of Royal LePage Realty Plus Oakville, Brokerage,
MLS®#40763700
updated 14 hours ago.
Houseful checked MLS® for data 14 hours ago.

Home overview

Amenities / Utilities
  • Cooling
    Central air
  • Heat type
    Forced air, natural gas
  • Pets allowed (y/n)
    No
  • Sewer/ septic
    Sewer (municipal)
Exterior
  • # total stories
    3
  • Construction materials
    Aluminum siding
  • Foundation
    Poured concrete
  • Roof
    Asphalt shing
  • Fencing
    Full
  • # garage spaces
    2
  • # parking spaces
    10
  • Has garage (y/n)
    Yes
  • Parking desc
    Detached garage, garage door opener, asphalt, exclusive
Interior
  • # total bathrooms
    6.0
  • # of above grade bedrooms
    9
  • Appliances
    Dishwasher, dryer, refrigerator, stove, washer
  • Has fireplace (y/n)
    Yes
  • Laundry information
    Common area, in-suite
  • Interior features
    Central vacuum
Location
  • County
    Halton
  • Area
    1 - oakville
  • Water source
    Municipal
  • Zoning description
    N
Lot/ Land Details
  • Lot desc
    Irregular lot, marina, park, public transit, schools
  • Lot dimensions
    150 x 90
Overview
  • Approx lot size (range)
    0 - 0.5
  • Basement information
    Full, finished
  • Building size
    3700
  • Mls® #
    40763700
  • Property sub type
    Multi-family
  • Status
    Active
  • Tax year
    2024
SOA_HOUSEKEEPING_ATTRS
  • Listing type identifier
    Idx

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