499 Valley Drive N,Oakville, ON L6L 4L9
Oakville, ON L6L 4L9
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.
Details
| MLS # | W13739104 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 26 |
| Listing Provided By | SUTTON GROUP QUANTUM REALTY INC. | W13739104 102301 |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 2 |
| Garage | 2 |
| Basement | Y |
| Story(s) | 1 |
| Acreage | 0.35 |
| Water Front | None |
Interior
| Interior Features | Central Vacuum, Floor Drain |
|---|---|
| Cooling | Central Air |
| Heat Source | Gas |
| Fireplace Yes / No | No |
Exterior
| Roof | Asphalt Shingle |
|---|---|
| Foundation Details | Concrete |
| Water View | Direct |
| Construction Materials | Brick, Aluminum Siding |
Parking
| Garage Yes / No | Yes |
|---|---|
| Parking Features | Available |
Utilities
| Sewer | None |
|---|
Taxes
| Tax Annual Amount | 6435 |
|---|---|
| Tax Legal Description | LT 324, PL 641 ; OAKVILLE |
| Tax Year | 2026 |
Area Information
| Province | ON |
|---|---|
| County | Halton |
| City | Oakville |
| Postal Code | L6L 4L9 |
| Area | 1020 WO West |
| Listing VS Median (in L6L 4L9) | |
Price: $1,398,000 low | high Med: $0 On site: 26 low | high Med: | |
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Learn More About This Property
| Province | ON |
|---|---|
| County | Halton |
| City | Oakville |
| Postal Code | L6L 4L9 |
| Area | 1020 WO West |
| Listing VS Median (in L6L 4L9) | |
Price: $1,398,000 low | high Med: $0 On site: 26 low | high Med: | |
