Size
15000 sqft
Lot size
-
Street frontage
-
Possession
-
Price per sqft
$233
Taxes
$12,500.95 (2025)
Parking Type
-
Style
Other
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Description
An Exceptional Investment And Future Development Opportunity In One Of Southeast Oakville's Most Coveted Neighbourhoods. Situated On An Expansive 15,000 Sq Ft Lot, This Rare Five-Unit Residential Property Offers Strong Immediate Income With Five Units Currently Tenanted. NOI Is $116,898. Extensively Updated Throughout, The Property Features Renovated Suites, All New Windows, Fresh Paint Throughout, New Exterior Stucco Completed In 2026, Five Fully Equipped Kitchens, Two Laundry Facilities, Split-System Heating And Cooling, Window Coverings, And Updated Light Fixtures. Beyond Its Impressive Cash Flow, The Property Presents A Unique Land Banking Opportunity On A Premium Lot Ideally Suited For A Future Luxury Custom Residence. Conceptual Plans For A New Build Are Available Upon Request. Located Within Walking Distance To Highly Regarded Schools In The Prestigious Morrison Area And Surrounded By Some Of Oakville's Finest Custom Homes, This Property Offers The Rare Combination Of Immediate Revenue, Long-Term Appreciation Potential, And Future Redevelopment Possibilities In A Location Where Large Building Lots Continue To Grow In Demand And Scarcity.
Broker: REVEL Realty Inc
MLS®#: 40836102
Property details
Parking:
6
Parking type:
-
Property type:
Multiplex
Heating type:
Electric
Style:
Other
MLS Size:
15000 sqft
Lot front:
80 Ft
Lot depth:
190 Ft
Listed on:
Jun 4, 2026
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