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About the Listing MIB8628 - MI760,NONMEM
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.
Listing Highlights
Interior Details
- Bedrooms: 7
- Bathrooms: 7 Full
- Appliances: Built-in Microwave, Dishwasher, Dryer, Refrigerator, Stove, Washer
- Air Cond: Wall Unit(s)
- Heating: Electric
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 15000
- Below Ground Sq Ft: n/a
- Basement: Partial,Unfinished
- Other: Built-In Appliances,Separate Heating Controls,Separate Hydro Meters
- Water: Municipal
Exterior Details
- Lot Description: Near Golf Course,Highway Access,Library,Open Spaces,Park,Place of Worship,Playground Nearby,Schools,Shopping Nearby
- Garage Capacity: N/A
- Parking Spaces: 6
- Lot Dimensions: 80 x 190
- Zoning: RL1-0
- Roof: Asphalt Shing
- Others: Landscaped
- Sewer: Sewer (Municipal)
- Parking Features: Private Drive Triple+ Wide
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 248040039
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
1182 Linbrook Rd Unit 5 Oakville, ON L6J 2L4
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