LiveEn Direct
Button CopyPathCircle CloseCircle Left ArrowArrow Down Icon GreyClosecirclecircleBurger
  • Advertising

218 LAKESHORE ROAD, Oakville, Ontario, L6J 1H8

MLS® # W11944597
Commercial For Sale In Old Oakville, Oakville, Ontario
$699,000
218 Lakeshore Road, Oakville, ON
218 Lakeshore Road, Oakville, ON
218 Lakeshore Road, Oakville, ON
218 Lakeshore Road, Oakville, ON
218 Lakeshore Road, Oakville, ON
218 Lakeshore Road, Oakville, ON
ACTIVE
218 LAKESHORE ROAD, Oakville, Ontario, L6J 1H8
$699,000

Property Information:

Presenting a rare turnkey restaurant opportunity in the heart of Oakville! This 5,000+ sq. ft. culinary masterpiece, located on prestigious Lakeshore Road, offers a proven business model, prime location, and endless potential for growth. The main floor features a charming Italian restaurant with seating for 70-80 guests, creating a warm and inviting dining experience. Downstairs, a fully equipped banquet hall accommodates over 100 guests perfect for weddings, corporate events, and private celebrations. This establishment boasts a state-of-the-art chefs kitchen, a large liquor license, and a spacious outdoor patio, ideal for al fresco dining. The business is fully operational and comes with an established customer base and a reputation for excellence. Whether you are a seasoned restaurateur or an entrepreneur ready to enter the hospitality industry, this is your chance to own a turnkey business designed for maximum potential. Location has undergone extensive renovations and upgrades by the current owners with significant investment. Pescaraa where Italian charm meets coastal elegance. Your next business venture starts here! (id:27)

Building Features:

  • Style: Business
  • Air Conditioning: Yes
  • Heating Type: Other
  • Heating Fuel: Natural gas
  • Cooling Type: Fully air conditioned

Property Features:

  • Property Type: Business
  • Bathrooms: 3
  • Zoning: C3R

Courtesy of: EXP REALTY

REALTOR.ca  

Location of 218 LAKESHORE ROAD, Oakville, Ontario, L6J 1H8

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

28 hot days expected in 2050

Projected Precipitation Risk: Moderate

14 storms expected in 2050

Projected Heat Risk: Moderate

28 hot days expected in 2050

45/100

Moderate

ClimateCheck®

Current data

This property, 218 LAKESHORE ROAD , experiences 7 hot days per year at around 31.9 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 28 hot days at 35.4 degrees Celsius.

Projected Avg. Temperature

Past
31.9℃
2050
35.4℃

# Hot Days Per Year

Past
7
2050
28

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate

14 storms expected in 2050

58/100

Moderate

ClimateCheck®

Current data

This property, 218 LAKESHORE ROAD , experiences 11 significant 2-day storms per year, with about 299mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 374.3mm of precipitation per year.

Precipitation Per Storm

Past
299mm
2050
374.3mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 218 LAKESHORE ROAD, Oakville, Ontario, L6J 1H8

Life Stage

Later Years

Employment Type

Service Sector/White Collar

Average Household Income

$276,434.08

Average Number of Children

1.54

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

8.28 %

High school certificate or equivalent

29.4 %

Apprenticeship trade certificate/diploma

3.35 %

College/non-university certificate

17.56 %

University certificate (below bachelor)

3.61 %

University Degree

37.79 %

Commuter

Travel To Work

By Car

73.65 %

By Public Transit

9.59 %

By Walking

12.81 %

By Bicycle

0.0 %

By Other Methods

3.95 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

72.68 %

Houses

27.32 %

Own Vs. Rent