499 Valley Drive
1020 - WO West, Oakville, L6L 4L9
For Sale
15.01 BTC
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4
BEDROOMS 2
BATHROOMS 1
KITCHENS 9
ROOMS W13739104
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Property Description
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.
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Nearby Intersections
Property Features
Central Vacuum, Floor Drain, Available
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Property Details
Property Type
Detached
Lot Size
60' x 252'
Acreage
15,120.0 Feet
Taxes
$6,435 (2026)
Basement
Finished
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
10
Garage Type
Detached
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Listing contracted with Sutton Group Quantum Realty Inc.
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