1182 LINBROOK Road Unit 5, Oakville, Ontario L6J2L4

Listing courtesy of REVEL Realty Inc.

$3,499,999
7
BD
7
BA
15,000
SqFt

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List Price
$3,499,999
MLS®
40836102
Days on Market
52
Status
ACTIVE
Type
Multifamily
Subtype
Multi-family
Bedrooms
7
Bathrooms
7
Living Area
15,000
Lot Size Dimensions
0.35
Lot Size
15,245
Subdivision
1011 - MO Morrison

Property 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. 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. (id:5764)

Additional Information

Ownership
Freehold
Subdivision
1011 - MO Morrison
Parking Spaces
6
Cooling
Wall unit
Country
Canada
Sewer
Municipal sewage system
Heating
Electric
Total Number Of Units
6
Stories
2
Lot Size
15,245

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Calculator source: Real Geeks