For Sale

218 Lakeshore Road, Oakville, Ontario L6J 1H8

$499,000

218 Lakeshore Road, Oakville, Ontario L6J 1H8 is For Sale and has a listing price of 499,000. The property is located in the Oakville . It's been on the website for 120 Days.

  • Sale Of Business
    Property Type
  • 3
    Bathrooms
  • MLS ID: W12057522
  • Office Name EXP REALTY
Property Description

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!

Property Details
  • Property Type: Commercial
  • Listing Type: For Sale
  • Listing ID: W12057522
  • Price: $499,000
  • Year Built: 0
  • Lot Area: 0 Sqft
  • Lot Depth: N/A
  • Ref ID: W12057522
  • Dir / Cross St: Lakeshore Rd & Trafalgar Rd
  • Status: Active
  • Tax Year: 2024
  • Property Type: Sale Of Business
  • Property Sub Category: Business
Price History
List Date MLS ID List Price Status End Date Closed Price
09/12/2025 W12399493 $42 For Rent - -
04/02/2025 W12057522 $599,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Oakville
  • $1,683,859 Average List Price
    based on 1 year
  • 1,019 New Listings
    based on 30 days
  • 63 Median Days on Market
    based on 1 year
  • List vs. Selling Price 202.63 % Up
  • Sold (12mo) 1,826
  • Rented (12mo) 2,257

  • 1 Month Change +0.1%
  • 3 Month Change -14.6%
  • 6 Month Change -10.1%
Walkscore
Property Type Distribution
  • All Houses
    60.53%
  • Commercial
    4.5%
  • Condo
    34.92%
  • Land for Sale
    0.04%
  • Parking
    0.01%
Additional Details
  • Heat Type Gas Forced Air Open
  • Washroom Type1: 3
  • Garage Type Y
  • Taxes: N/A
  • Last Status Y
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Immediate
  • Listing Entry Date: 02/04/2025 18:58:35
Want to see this property?