499 Valley Drive

499 Valley Drive, Oakville, ON L6L 4L9
4 Days Back Posted
Sell

$1,398,000

Overview

Type:

Detached

Area:

700-1100 sq ft (Living Area)

Beds:

4 Bedrooms

Baths:

2 Bathrooms

Furnished:

No

Parking:

Detached

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.

Property Units

4 Bedrooms

1 Unit
  • $1,398,000 2 Baths 700-1100 sq ft (Living Area) Sep 2nd 2026

Property Details

  • Property Type: Residential Freehold
  • Property Sub Type: Detached
  • Lease Terms: N/A
  • Parking Spots: 12
  • Short Term: No
  • Furnished: No
  • Year Built: N/A
  • # of Floors: N/A
  • # of units: 1
  • MLS: W13739104

Features

Central Vacuum
Floor Drain
Available
None

Nearby Amenities

  • Schools
  • Bus Stations
  • Restaurants
  • Pharmacies
  • Gyms
  • Supermarkets
  • Hospitals
  • Parks
  • Cafes
  • Convenience Stores
  • Gas Stations
  • Laundromats
  • Bars
  • Banks

May lee

Sales Representative At Right At Home Realty

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