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Renanza Realty
For sale

499 VALLEY DRIVE N

Oakville (WO West), Ontario

MLS® W13739104

$1,398,000

Status
Active
Property type
House
MLS® number
W13739104
Bedrooms
4
Bathrooms
2
Year built

Listing 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.

Property summary

MLS® number
W13739104
Property type
Single Family
Building type
House
Title
Freehold
Land size
60 x 252.3 FT
Annual property taxes
$6,435.00
Parking
12 spaces · Detached Garage, Garage
Days on market
5 days

Features & details

Heating
Forced air, Natural gas
Cooling
Central air conditioning
Basement
Finished, N/A
Appliances
Central Vacuum
Exterior features
Brick, Aluminum siding
View
Direct Water View

What would this home cost you?

Based on the $1,398,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$6,505 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of SUTTON GROUP QUANTUM REALTY INC., OAKVILLE.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.