$11,999,000
For sale: Vacant Land

A rare and exceptional land opportunity on prestigious Lakeshore Road East! 1475 Lakeshore Rd E offers scale and long-term potential in one of Oakville's most established and coveted lakefront-adjacent corridors. Zoned RL1-0, the property presents a compelling opportunity for thoughtful redevelopment in a neighbourhood defined by multi-million-dollar estates and enduring value. With its impressive acreage, this site presents a great opportunity to rezone to permit a condominium roadway with 7 to 8 freehold houses. Alternatively, the property could accommodate a single magnificent custom estate. Other opportunities exist through this rare offering! Conveniently located just moments from Lake Ontario with immediate access to the Waterfront Trail and Coronation Park, close to Bronte Harbour, downtown Oakville, GO Transit, and easy QEW access. The surrounding area features top-rated schools and premium amenities. With opportunities along this stretch of Lakeshore becoming increasingly scarce, properties of this scale represent enduring land assets. An ideal opportunity for experienced developers, custom builders, or vision-driven purchasers seeking a prime Oakville address with long-term value in an irreplaceable lakefront setting.
Sold data
Homes in Oakville (MO Morrison) took a median of 27 days to sell over the last 90 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 50, across 666 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 58 days.
The median sale price was $1,262,495.
Homes sold for about 3.7% below asking on average, so there was room to negotiate.
About 10% of sales closed above the list price.
Around 21% of sellers reduced their price before finding a buyer.
Based on 666 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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