Type: Detached
Style: 1 1/2 Storey
Size: Sq Ft
Age: Years
Taxes: $ 6,435 ( 2026)
Updated: 2026-09-05 20:30:55
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.
Detached
Status: For Sale
MLS #: W13739104
Price: $ 1,398,000
Address: 499 Valley Drive
Type:
Style: 1 1/2 Storey
Size: Sq Ft
Age: Years
Front On:
Taxes: $ 6,435
Tax Year: 2026
Lot Size:
Neighbourhood: 1020 - WO West
Nearest Intersection: Third Line / Bridge
City: Oakville
Postal Code: L6L 4L9
DOM: 15 Days
Last Update: 2026-09-05 20:30:55
Bedrooms: 4
Bathrooms: 2
Rooms: 0
Kitchens: 1
Family Room:
Fireplace:
Basement: Finished,
Central Vacuum:
Exterior: Brick Aluminum Siding,
Driveway:
Garage: Available
Garage Spaces:
Parking Spaces: 12.00
Pool:
Electricity (Hydro):
Gas:
Phone:
Cable TV:
Heat Type: Forced Air
Heat Source: Gas
Air Conditioning: Central Air
Water:
Sewers: