1182 Linbrook Road, Oakville, ON L6J 2L4

$3,499,999
6
BD
6
BA

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List Price
$3,499,999
MLS#
W13241638
Status
ACTIVE
Type
Single Family Residential
SubType
Detached
Style
2-Storey
Bedrooms
6
Bathrooms
6
Living Area
5000 +
Province
ON
Municipality
Oakville
Area
Halton
Neighborhood
1011 - MO Morrison
Subdivision
Linbrook Rd/Morrison Rd

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.

Additional Information

Taxes
$12,500
Heat Type
Heat Pump
Heat Source
Other
Air Conditioning
Other
Kitchens
5
Exterior
Stucco (Plaster)
Garage Type
None
Pool
None
Parking Spaces
6
Parking Type
Private Double

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of REVEL REALTY INC..