$1,549,999
For sale: Detached

Highly desirable 75' 151' Southwest Oakville lot just 450 metres from Lake Ontario, surrounded by several stunning multi-million dollar custom homes. An exceptional opportunity for builders, investors, or those looking to create their dream home. This fantastic lot offers the potential for 4,000+ sq. ft. of above grade living space subject to zoning and municipal approvals. With a finished lower level, there's potential for a 6000+sf heavenly haven in one of Oakville's most desirable lakeside neighbourhoods. With a solid sidesplit on this lot, there's potential for rental income in the pre-construction period - while you apply for permits. Perfectly positioned near Josef Petriska Forest, the lake and Coronation Park, this location combines the tranquility of nature with an exceptional lifestyle. Enjoy the beauty of a mature property where birds and local wildlife are frequent visitors, complemented by existing beautiful perennial gardens. Prefer to renovate rather than rebuild? The home offers a solid foundation with several important updates already completed, including the roof (2012), furnace and A/C (2020), windows (2008) and insulation. Additional features include custom wainscoting in the family room and an extended single-car garage with doors at both ends, providing convenient backyard access and an ideal space for a dedicated workshop. A rare opportunity to secure a premium Southwest Oakville lot at land value in a highly sought-after neighbourhood where location, lot size and future potential come together.
Sold data
Detached homes in Oakville (SW Southwest) 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 349 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 64 days.
The median sale price was $1,699,000.
Homes sold for about 4.4% below asking on average, so there was room to negotiate.
About 11% of sales closed above the list price.
Around 21% of sellers reduced their price before finding a buyer.
Based on 349 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Oakville (SW Southwest) 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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