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Oakville,ON L6J 2Y1
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3500-5000
Subdivision 1014 - Qe Queen Elizabeth
MLS Listing ID W12370151
Style 3-Storey
Bedrooms 6
Building Age 51-99
Annual Tax Amount $6,500
Tax Year 2024
Property Sub-Type Multiplex
Property 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.
Location
Province ON
County Halton
Community 1014 - Qe Queen Elizabeth
Area Halton
Rooms
Family Room No
Basement Finished,Full
Kitchen 6
Interior
Interior Features In-Law Suite,Primary Bedroom - Main Floor,Water Heater
Heating Yes
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Parking Features Private
Garage Spaces 2.0
Pool None
Roof Type Asphalt Shingle
Lot Frontage 150.0
Lot Depth 90.0
Total Parking Spaces 10
Building
Unit Features Marina,Park,Public Transit,School
Foundation Poured Concrete