94 George Street, Oakville, ON
Property Highlights
Welcome to this remarkable commercial retail located in the coveted neighborhood of 1013 - OO Old Oakville. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $5,500,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 0 Bathrooms
- Premium 62.59 x 53.25 ft lot size
- equipped with yes central cooling and highly efficient gas forced air open heating
Description
Located in the heart of Downtown Oakville's Towne Square, this highly recognizable 5,606 square-foot building at 94 George Street presents an exceptional opportunity for investors and owner-users. This prominent two-level property features 62 feet of frontage onto Towne Square and is anchored by a 2,867 square-foot restaurant at market rent, offering a strategic balance of stable income and flexible remaining space. The remaining 2,739sf features a versatile floor plan allows for a configuration of multiple units or a single tenant and is ideally suited for retail, service, restaurant or professional office use. Zoned Central Business District (CBD), the property supports a wide range of permitted uses and is surrounded by premier retailers in an area defined by high-income demographics and heavy pedestrian traffic. With its charming lakeside appeal this property is perfectly positioned to benefit from an affluent residential base and a thriving tourism market.
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Pricing & Value Insights
Data-driven valuation for 94 George Street, Oakville, ON L6J 3B7
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Oakville, ON
For a property listed at $5,500,000 in Oakville, the legal minimum down payment is $1,100,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $123,975 for this transaction. As this listing is in Oakville (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $123,975.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.