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$ 1,398,000
Est. payment /mo
New
499 Valley DR N Oakville, ON L6L 4L9
4 Beds
2 Baths
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 700-1100
Subdivision 1020 - Wo West
MLS Listing ID W13739104
Style 1 1/2 Storey
Bedrooms 4
Annual Tax Amount $6,435
Tax Year 2026
Property Sub-Type Detached
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.
Location
Province ON
County Halton
Area Halton
Rooms
Family Room Yes
Basement Finished
Kitchen 1
Interior
Interior Features Central Vacuum, Floor Drain
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Parking Features Available
Garage Spaces 2.0
Pool None
Waterfront Description None
Roof Type Asphalt Shingle
Lot Frontage 60.0
Lot Depth 252.25
Total Parking Spaces 12
Building
Building Age 51-99
Foundation Concrete
Others
ParcelsYN Yes
Virtual Tour https://youtu.be/TeD3l8qFRWQ?si=J7oH--No9eNBZzWV
Listed by SUTTON GROUP QUANTUM REALTY INC.