$1,650,000
For sale: Detached

Rare opportunity to secure a premium 60' x 125' lot (approximately 7,513 sq. ft.) in one of Southeast Oakville's most prestigious and highly sought-after neighbourhoods. Surrounded by luxury custom homes valued at $3M+, this property offers exceptional potential to build your dream custom residence, complete a full renovation, or update and hold as an investment property.Situated on a quiet, mature, tree-lined street, this prime location is just minutes from Lake Ontario, Downtown Oakville, top-rated public and private schools, parks, waterfront trails, shopping, restaurants, Oakville GO Station, and provides quick access to the QEW and Highway 403. The generous lot size, established neighbourhood, and continued luxury redevelopment make this an outstanding opportunity for builders, investors, renovators, and end users alike.Whether you're envisioning a spectacular new custom home, a high-end renovation, or a long-term investment in one of Oakville's strongest luxury markets, the possibilities here are endless.
Sold data
Detached homes in Oakville (MO Morrison) took a median of 23 days to sell over the last 90 days, with the quickest quarter selling within 11 days and the slowest quarter taking more than 43, across 456 recorded sales.
The median sale price was $1,699,000.
Homes sold for about 3.8% below asking on average, so there was room to negotiate.
About 12% of sales closed above the list price.
Around 20% of sellers reduced their price before finding a buyer.
Based on 456 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Oakville (MO Morrison) has 56 Fraser Institute–rated schools (45 elementary and 11 secondary), averaging 7.8/10.
School ratings from the Fraser Institute's Ontario school report cards.
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