499 Valley Drive N Oakville, Ontario L6L 4L9

4 Bedroom 2 Bathroom 700 - 1,100 sqft
Central Air Conditioning Forced Air

$1,398,000

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. (id:56248)

Property Details

MLS® Number W13739104
Property Type Single Family
Community Name 1020 - WO West
Parking Space Total 12
View Type Direct Water View

Building

Bathroom Total 2
Bedrooms Above Ground 4
Bedrooms Total 4
Age 51 To 99 Years
Appliances Central Vacuum
Basement Development Finished
Basement Type N/a (finished)
Construction Style Attachment Detached
Cooling Type Central Air Conditioning
Exterior Finish Brick, Aluminum Siding
Foundation Type Concrete
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 700 - 1,100 Sqft
Type House
Utility Water Municipal Water

Parking

Detached Garage
Garage

Land

Acreage No
Size Depth 252 Ft ,3 In
Size Frontage 60 Ft
Size Irregular 60 X 252.3 Ft
Size Total Text 60 X 252.3 Ft|under 1/2 Acre
Zoning Description N, Rl3-0

Rooms

Level Type Dimensions
Lower Level Bedroom 4 6 m x 4 m
Ground Level Bedroom 4 m x 3 m
Ground Level Bedroom 2 3.5 m x 3.5 m
Ground Level Bedroom 3 4 m x 3.5 m

Utilities

Electricity Installed

https://www.realtor.ca/real-estate/30228226/499-valley-drive-n-oakville-wo-west-1020-wo-west

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