This study investigated the effects of storage conditions on the physicochemical parameter, microbial loads and health risks assessment of randomly 30 selected sachet and bottle water brands (A, B and C) in Ilorin Metropolis. Random sampling procedures were used to collect samples from three different brands and subjected to three different storage conditions; immediately (initial), mild sunlight and intense sunlight condition. The heavy metals (Cr, Pb and Fe) investigated in this study were above the permissible limits (WHO, SON). The presence of TBC, TCC, FCC and TFC in all the water samples analyzed showed no effective quality control system. Incremental lifetime cancer risk (ILCR) assessment revealed a carcinogenic health risk to the populace drinking this water. It can be deduced from this study that water stored under sunlight for a long period of time is not good for human consumption and therefore adequate monitoring by the appropriate agencies are emphasized.