499 Valley Drive N, Oakville, ON L6L 4L9
Oakville, ON L6L 4L9
About this property
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.
Property facts & features
- Days on market
- Not reported
- Property type
- Detached
- MLS® number
- W13739104
- Source status
- New
- Bedrooms
- 4
- Bathrooms
- 2
- Neighbourhood
- Not provided
- Postal code
- L6L 4L9
- Kitchens
- 1
- Kitchens above grade
- 1
- Family room / den
- Yes
- Interior size (reported range)
- 700-1100 (units not reported)
- Lot size
- 15,120 acres
- Lot depth
- 252.25 ft
- Garage parking spaces
- Not reported
- Total parking spaces
- 12
- Occupancy
- Tenant
- Possession type
- Immediate
- Garage
- Detached
- Annual property tax
- 6435
- Basement
- Finished
- Laundry
- Not provided
- Interior features
- Central Vacuum, Floor Drain
- Exterior features
- Not provided
- MLS entry age (not confirmed DOM)
- 61 days
Values and units are reported by the listing source. Verify measurements and fees with the brokerage.
Utilities & included services
- Reported utility services
- Not reported
- Water source
- Not reported
- Sewer
- None
- Heating system
- Forced Air
- Heating fuel
- Gas
- Cooling
- Central Air
- Included in rent
- Not reported
- Included in maintenance
- Not reported
A reported service is not necessarily included in rent or maintenance. Missing information does not mean a service is absent.
Property summary
499 Valley Drive N, Oakville, ON L6L 4L9, Oakville is listed as for sale — Detached. Reported details include 4 bedrooms, 2 bathrooms, interior size of 700-1100 (units not reported). Asking price: $1,398,000. Reported occupancy: Tenant. MLS® W13739104.
Summary of source-reported facts. Verify measurements and listing terms with the brokerage.