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:63476)
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 Sqft |
| 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 |
Contact Us
Contact us for more information
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
September 05 2026 08:59:52
Toronto Regional Real Estate Board
Sutton Group Quantum Realty Inc.