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    For Sale - 499 Valley Drive, Oakville, Ontario

    Est payment $6,713/mo
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    Views   2
    Time on Jump  62 day

    AI Summary *

    • Rare 60 by 252 feet ravine lot offering privacy and natural surroundings.
    • Existing four-bedroom bungalow currently leased for steady rental income.
    • Opportunity to build a custom luxury home with nearly ready plans.
    • Located in a desirable neighborhood in Oakville with excellent amenities.
    • Backs onto a creek providing a serene outdoor environment.




    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 Brokerage: SUTTON GROUP QUANTUM REALTY INC.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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