499 Valley Drive N, Oakville, ON L6L 4L9
- $1,398,000
- 4
- BD
- 2
- BA
- 700
- SqFt
- List Price
- $1,398,000
- MLS#
- W13739104
- Status
- ACTIVE
- Type
- Single Family Residential
- SubType
- Detached
- Style
- 1 1/2 Storey
- Bedrooms
- 4
- Bathrooms
- 2
- Living Area
- 700-1100
- Province
- ON
- Municipality
- Oakville
- Area
- Halton
- Neighborhood
- 1020 - WO West
- Subdivision
- Third Line / Bridge
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.
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Additional Information
- Taxes
- $6,435
- Heat Type
- Forced Air
- Heat Source
- Gas
- Air Conditioning
- Central Air
- Family Room
- Yes
- Kitchens
- 1
- Exterior
- Brick, Aluminum Siding
- Waterfront Type
- None
- Garage Spaces
- 2
- Garage Type
- Detached
- Pool
- None
- Parking Spaces
- 12
- Parking Type
- Available
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Listing courtesy of SUTTON GROUP QUANTUM REALTY INC..