499, Valley, 1020 - WO West, Oakville, Residential Freehold
Description
Residential Freehold Detached For Sale.
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.
Interior Features: Central Vacuum, Floor Drain
Cross Street: Third Line / Bridge
Direction Faces: North
Key Facts
- Days on: 0 days
- Mls Status: New
- Bedrooms Total: 4
- Bedrooms Above Grade: 4
- Den / Family Room: Yes
- Bathrooms Total Integer: 2
- Lot Width: 60.00
- Kitchens Total: 1
- Parking Total: 12
- Parking Spaces: 10
- Parking Features: Available
- Garage Type: Detached
- Heat Source: Gas
- Heat Type: Forced Air
- Water View: Direct
- Cooling: Central Air
- Lot Size Area: 15120 Acres
- Living Area Range: 700-1100 Square Feet
Location 499, Valley, 1020 - WO West, Oakville
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