499 Valley Drive N, Oakville, ON L6L 4L9
Oakville, ON, L6L 4L9 · 1020 - WO West
About this property
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.
Features & Amenities
- Basement: Finished
- Garage: Detached
- Cooling: Central Air
- Heat Type: Forced Air
- Heat Source: Gas
- Style: 1 1/2 Storey
- Construction: Brick, Aluminum Siding
- Sewer: None
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Detached |
| Architectural Style | 1 1/2 Storey |
| Bedrooms | 4 |
| Bathrooms | 2 |
| Lot Size | 15,120 Feet |
| Basement | Finished |
| Garage | Detached |
| Parking Spaces | 10 |
| Heat Type | Forced Air |
| Heat Source | Gas |
| Cooling | Central Air |
| Sewer | None |
| Annual Tax | $6,435 |
| Tax Year | 2026 |
Interior Features
- Interior Features
- Central Vacuum, Floor Drain
- Central Vacuum
- Yes
Exterior Features
- Pool Features
- None
Building & Construction
- Architectural Style
- 1 1/2 Storey
- Construction Materials
- Brick, Aluminum Siding
- Foundation Details
- Concrete
- Roof
- Asphalt Shingle
- Basement
- Finished
- Approximate Age
- 51-99
Heating & Cooling
- Heat Type
- Forced Air
- Heat Source
- Gas
- Cooling
- Central Air
Parking & Garage
- Garage Type
- Detached
- Garage
- Yes
- Parking Spaces
- 10
- Parking Total
- 12.00
- Parking Features
- Available
- Covered Spaces
- 2
Lot & Land
- Lot Size Area
- 15120.00
- Lot Size Units
- Feet
- Lot Depth
- 252.25
- Lot Width
- 60.00
Financial & Tax
- Tax Annual Amount
- $6,435
- Tax Year
- 2026
- Possession Type
- Immediate
Utilities & Services
- Sewer
- None
Room Details
- Rooms Above Grade
- 9
- Kitchens Above Grade
- 1
- Kitchens Total
- 1
- Bedrooms Above Grade
- 4
Additional Details
- Occupant Type
- Tenant
- Direction Faces
- North
- County Or Parish
- Halton
- Cross Street
- Third Line / Bridge
- Directions
- Valley Dr / Bridge Rd
- Special Designation
- Unknown
- Showing Requirements
- Go Direct
Location
499 Valley Drive N, Oakville, ON L6L 4L9, Oakville, ON, L6L 4L9