499 Valley Drive N
OAKVILLE DETACHED
- Bronte West
- 4 Bed
- 2 Bath
- 2 Days on Market
- Virtual Tour
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.
FOR SALE: $1,398,000
MLS® ID W13739104
Interior Details
Cooling: Central Air
Total Rooms: 4
Kitchens: 1
Building Details
Year Built: 51-99
Basement Type: Finished
Fuel: Gas
Garage Type: Detached
Heating: Forced Air
Construction: Brick, Aluminum Siding
Parking Details
Parking Spaces: 10
Parking Designation: Available
Fee Details
Taxes: $6,435
Common Element Included: n
Hydro Included: Yes
Land Details
Cross Streets: Third Line / Bridge
Rooms
Bedroom: 4 x 3 ft
Bedroom 2: 3.5 x 3.5 ft
Bedroom 4: 6 x 4 ft
Bedroom 3: 4 x 3.5 ft
Map
Listed by: SUTTON GROUP QUANTUM REALTY INC.
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