2386 SOVEREIGN STREET, Oakville (BR Bronte)

$1,675,000

For sale: Detached

Property type

Single Family

Bedrooms / bathrooms

1 bedroom, 1 bathroom

Living area

699 sqft

MLS number

MLS® W12726828

Neighbourhood

1001 - BR Bronte

Endless investment opportunity awaits on this 0.22-acre lot in the heart of Bronte Village. Zoned RL8-0 with mixed-use permissions under the Main Street designation of the Bronte Village Planning Report (2009), this property offers exceptional development flexibility. Permitted uses include residential, commercial, retail, office, or a thoughtfully designed mixed-use combination to maximize value in one of Oakville's most sought-after village settings.The well-maintained, quaint family home currently on the property presents an excellent opportunity for rental income while navigating the application and permitting process. Ideally located within walking distance to restaurants, shopping, Lakeshore Road, and the lake. A rare rear road allowance at the back of the property further enhances development potential and accessibility.