564 Lyons Lane, Oakville, ON L6J 2Y1
Oakville, ON, L6J 2Y1 · 1014 - QE Queen Elizabeth
About this property
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.
Features & Amenities
- Basement: Finished, Full
- Garage: Detached
- Cooling: Central Air
- Heat Type: Forced Air
- Heat Source: Gas
- Style: 3-Storey
- Construction: Vinyl Siding
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Multiplex |
| Architectural Style | 3-Storey |
| Bedrooms | 9 |
| Bathrooms | 6 |
| Basement | Finished, Full |
| Garage | Detached |
| Parking Spaces | 8 |
| Heat Type | Forced Air |
| Heat Source | Gas |
| Cooling | Central Air |
| Sewer | Sewer |
| Annual Tax | $6,500 |
| Tax Year | 2025 |
Interior Features
- Interior Features
- In-Law Suite, Primary Bedroom - Main Floor, Water Heater
Exterior Features
- Pool Features
- None
Building & Construction
- Architectural Style
- 3-Storey
- Construction Materials
- Vinyl Siding
- Foundation Details
- Poured Concrete
- Roof
- Asphalt Shingle
- Basement
- Finished, Full
- Approximate Age
- 51-99
Heating & Cooling
- Heat Type
- Forced Air
- Heat Source
- Gas
- Cooling
- Central Air
- Cooling
- Yes
- Heating
- Yes
Parking & Garage
- Garage Type
- Detached
- Garage
- Yes
- Parking Spaces
- 8
- Parking Total
- 10.00
- Parking Features
- Private
- Covered Spaces
- 2
Lot & Land
- Lot Size Units
- Feet
- Lot Depth
- 90.00
- Lot Width
- 150.00
Community & Neighborhood
- Property Features
- Marina, Park, Public Transit, School
Financial & Tax
- Tax Annual Amount
- $6,500
- Tax Year
- 2025
- Possession Type
- Flexible
- Possession Details
- Flexible
Utilities & Services
- Sewer
- Sewer
Room Details
- Rooms Above Grade
- 18
- Rooms Total
- 18
- Kitchens Above Grade
- 6
- Kitchens Total
- 6
- Bedrooms Above Grade
- 9
Additional Details
- Occupant Type
- Owner
- Direction Faces
- West
- County Or Parish
- Halton
- Cross Street
- Lyons Lane / Cross Ave
- Directions
- Lyons Lane / Cross Ave
- Special Designation
- Unknown
- Showing Requirements
- Lockbox, Showing System
Location
564 Lyons Lane, Oakville, ON L6J 2Y1, Oakville, ON, L6J 2Y1