499 Valley Drive N Oakville, Ontario L6L 4L9
$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:63203)
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 Ft2 |
| 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 | Length | Width | Dimensions |
|---|---|---|---|---|
| Lower Level | Bedroom 4 | 6 m | 4 m | 6 m x 4 m |
| Ground Level | Bedroom | 4 m | 3 m | 4 m x 3 m |
| Ground Level | Bedroom 2 | 3.5 m | 3.5 m | 3.5 m x 3.5 m |
| Ground Level | Bedroom 3 | 4 m | 3.5 m | 4 m x 3.5 m |
Utilities
| Electricity | Installed |
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September 05 2026 08:59:52
Toronto Regional Real Estate Board
Sutton Group Quantum Realty Inc.