538 Fourth Line, Oakville, ON L6L 5A8
Oakville
Rare & Prestigious South Oakville Opportunity! Experience unmatched potential with this premium 16,415 sq ft western-exposure lot (273 ft deep) in a highly coveted neighborhood. Rare RL3 zoning permits building a 3-storey custom estate up to 12m high and over 17,000 sq ft-one of the last remaining oversized lots surrounded by newly built multi-million dollar mansions. The existing 5-bed, 3-bath raised bungalow has been meticulously stripped to the studs and transformed with master craftsmanship. Features a gourmet lacquer kitchen w/ quartz counters, porcelain finishes, & walk-out to a covered 16'4"x12'6" deck. Enjoy hardwood floors, crown molding, wainscoting, California shutters, & 2 electric fireplaces. The bright, above-grade lower level boasts a separate entrance, 2 bedrooms, rec room w/ wet bar & fireplace-ideal for in-laws or income. Complete with a new Lennox furnace, 200 Amp service, new windows/doors, and a detached tandem garage with a double turnaround driveway. Steps to Lake Ontario, marinas, GO Station, and Downtown Oakville. Top-tier school district: Ecole Pinegrove, St. Marys, St. Thomas Aquinas, and steps to Appleby College. LIVE IN, RENT, BUILD YOUR DREAM HOUSE!!!
Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.
Walkability, transit, and bike-friendliness for 538 Fourth Line, Oakville, ON L6L 5A8
Provided by Walk Score®. Walk Score, Transit Score, and Bike Score are trademarks of Walk Score.
MLS# W13563852
Listed by BAY STREET GROUP INC.
On market since Jul 14, 2026
538 Fourth Line, Oakville, ON L6L 5A8 is listed for $1,498,000 CAD.
538 Fourth Line, Oakville, ON L6L 5A8 has 5 bedrooms and 3 bathrooms.
538 Fourth Line, Oakville, ON L6L 5A8 is a Detached.
538 Fourth Line, Oakville, ON L6L 5A8 is in Oakville, Ontario.
538 Fourth Line, Oakville, ON L6L 5A8 is currently for sale.
Contact Michael Mezheritsky to arrange a private showing of 538 Fourth Line, Oakville, ON L6L 5A8 (MLS# W13563852). You can also send a message through the contact form on this site.
