564 Lyons Lane Oakville (Qe Queen Elizabeth), Ontario L6J 2Y1
$3,290,000
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:41954)
Property Details
| MLS® Number | W12370151 |
| Property Type | Multi-family |
| Community Name | 1014 - QE Queen Elizabeth |
| Amenities Near By | Marina, Park, Public Transit, Schools |
| Features | In-law Suite |
| Parking Space Total | 10 |
Building
| Bathroom Total | 6 |
| Bedrooms Above Ground | 6 |
| Bedrooms Total | 6 |
| Age | 51 To 99 Years |
| Appliances | Water Heater, Dishwasher, Dryer, Garage Door Opener, Hood Fan, Washer, Window Coverings, Refrigerator |
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Vinyl Siding |
| Foundation Type | Poured Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 3 |
| Size Interior | 3500 - 5000 Sqft |
| Type | Other |
| Utility Water | Municipal Water |
Parking
| Detached Garage | |
| Garage |
Land
| Acreage | No |
| Land Amenities | Marina, Park, Public Transit, Schools |
| Sewer | Sanitary Sewer |
| Size Depth | 90 Ft |
| Size Frontage | 150 Ft |
| Size Irregular | 150 X 90 Ft |
| Size Total Text | 150 X 90 Ft |
| Zoning Description | N |
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August 29 2025 04:28:00
Toronto Real Estate Board
Royal LePage Realty Plus Oakville