Welcome to historic Old Oakville. Perched upon the banks of the 16 Mile Creek this 2-unit bungalow is a great opportunity for investors and locals alike. Steps down to water, install a dock and enjoy!
Each unit comes with their own garage/driveway & separate entrance. Sun filled interior with hardwood floors, large windows overlooking creek. Lower level on grade with walkout to separate balconies overlooking water.
Roof and gutters 2017. Unit A approx 1,800 sq ft w/ 2 beds @ approx $2,500 per month. Unit B approx 1,200 sq ft w/ 2 beds @ approx $1,900 per month. Updated appliances. Existing long-term tenants, one on month-to-month, one tenant with approx 10 month term remaining.
Great opportunity to land bank and do what every neighbour has done and take on a massive renovation. Take advantage of the massive existing footprint and achieve over 3,000 sq ft above grade. Or keep as a investment and rent out each unit or, live on one side and save money while you rent out the other unit.
Located in the heart of south Oakville, Old Oakville is known for its mix of heritage and renovated detached homes, upscale townhomes and numerous estate residences. Mixed housing styles and mature tree-lined streets create a sense of originality and charm. A relatively small neighbourhood loaded with boutique amenities, schools and a sought after downtown lifestyle. Small collection of lakefront estates south of Lakeshore.