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905-634-7755
Brooke Hicks Team, Royal LePage Burloak Real Estate Services
499 Valley Drive North, Oakville (WO West), Ontario L6L4L9
Listing courtesy of SUTTON GROUP QUANTUM REALTY INC..
- $1,398,000
- 4
- BD
- 2
- BA
- List Price
- $1,398,000
- MLS®
- W13739104
- Days on Market
- 35
- Status
- ACTIVE
- Type
- Single Family Residential
- Subtype
- Single Family
- Bedrooms
- 4
- Bathrooms
- 2
- Lot Size Dimensions
- 60 x 252.3 FT
- Subdivision
- 1020 - WO West
Property Description
Rare 60 feet by 252 feet Ravine Lot with Income-Producing Bungalow and Near Shovel-Ready Custom -Home Plans (Trees have been cleared from the Lot) - Welcome to 499 Valley Drive-an exceptionally rare redevelopment opportunity in one of Oakville's most desirable neighbourhoods. Set on an extraordinary 60 252-ft lot backing onto a creek and ravine, this property offers the privacy, depth and natural surroundings that are increasingly difficult to find in Oakville.The property currently features a four-bedroom bungalow, providing buyers with the flexibility to live in the existing home, continue using it as an income-producing property, or build the proposed luxury custom residence when ready. The bungalow is presently leased for approximately $3,400 per month, offering immediate rental income while the purchaser completes their construction planning.The property is being offered with substantially completed plans and permits for a magnificent neoclassical custom residence by Adlakha Design & Build Inc. The project is expected to be approximately 15 days away from shovel-ready status, subject to final municipal processing and approvals. (id:5764)
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Additional Information
- Ownership
- Freehold
- View
- Direct Water View
- Garage
- Yes
- Subdivision
- 1020 - WO West
- Parking Spaces
- 12
- Cooling
- Central air conditioning
- Country
- Canada
- Heating
- Forced air, Natural gas
- Stories
- 1.5
