$1,599,900

About this listing

PRICED TO SELL! Rarely offered corner lot directly across from Coronation Park with partial lake views in one of Oakville's most prestigious and sought-after neighbourhoods. This solid brick bungalow sits on an impressive 11,280 sq. ft. lot (158 x 78 x 150 x 60 ft. | perimeter 445 ft.), offering exceptional redevelopment potential.Primarily a land-value opportunity, this property presents the ideal setting to design and build your dream home. A recent survey has been completed, and preliminary building parameters indicate the potential to construct approximately 4,000 sq. ft. above grade without requiring a Committee of Adjustment application, subject to all applicable municipal approvals and buyer verification.The unique lot configuration provides greater flexibility in home design, footprint, and architectural style compared to a typical rectangular lot. The existing home is currently tenanted, offering the opportunity to generate rental income while finalizing plans and permits.Surrounded by multi-million-dollar custom residences, this is a rare chance to secure a premium lot, work with your architect to create a signature home, and invest in one of Oakville's most desirable waterfront-adjacent communities. Exceptional value for a prime Coronation Park location.