For Sale - 499 Valley Drive, Oakville, Ontario

Est payment $6,713/mo
Views   1
Time on Jump  1 days



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.
Listing IDW13739104
Address499 Valley Drive
CityOakville, Ontario
Price$1,398,000
Bed / Bath4 / 2 Full
Style1 1/2 Storey, Detached
ConstructionBrick, Aluminum Siding
Land Size15120
TypeResidential
StatusFor Sale
Subtype DetachedIndoor Features Central Vacuum, Floor DrainOwnership FreeholdWaterfront NoneBasement FinishedFoundation ConcreteHeating / Cooling Forced AirHeating Fuel GasSewer None
Parking 12.00
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Listing Agency:  SUTTON GROUP QUANTUM REALTY INC.

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499 Valley Drive
Oakville , Ontario
4 2 $1,398,000
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