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:57276)
| MLS® Number | W13739104 |
| Property Type | Single Family |
| Community Name | 1020 - WO West |
| ParkingSpaceTotal | 12 |
| ViewType | Direct Water View |
| BathroomTotal | 2 |
| BedroomsAboveGround | 4 |
| BedroomsTotal | 4 |
| Age | 51 To 99 Years |
| Appliances | Central Vacuum |
| BasementDevelopment | Finished |
| BasementType | N/a (finished) |
| ConstructionStyleAttachment | Detached |
| CoolingType | Central Air Conditioning |
| ExteriorFinish | Brick, Aluminum Siding |
| FoundationType | Concrete |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 2 |
| SizeInterior | 700 - 1100 Sqft |
| Type | House |
| UtilityWater | Municipal Water |
| Detached Garage | |
| Garage |
| Acreage | No |
| SizeDepth | 252 Ft ,3 In |
| SizeFrontage | 60 Ft |
| SizeIrregular | 60 X 252.3 Ft |
| SizeTotalText | 60 X 252.3 Ft|under 1/2 Acre |
| ZoningDescription | N, Rl3-0 |
| 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 |
| Electricity | Installed |
https://www.realtor.ca/real-estate/30228226/499-valley-drive-n-oakville-wo-west-1020-wo-west
Contact us for more information
Naman Adlakha
Broker