499 VALLEY DRIVE N, Oakville (WO West)
$1,398,000
For sale: Detached
- Property type
- Detached
- Bedrooms / bathrooms
- 4 bedrooms, 2 bathrooms
- Living area
- 1,100 sqft
- MLS®
- MLS® W13739104
- Neighbourhood
- 1020 - WO West
Rare 60 feet by 252 feet Ravine Lot with Income-Producing Bungalow and Near Shovel-Ready Custom -Home Plans (Trees have been cleared from the Lot) - Welcome to 499 Valley Drive-an exceptionally rare redevelopment opportunity in one of Oakville's most desirable neighbourhoods. Set on an extraordinary 60 252-ft lot backing onto a creek and ravine, this property offers the privacy, depth and natural surroundings that are increasingly difficult to find in Oakville.The property currently features a four-bedroom bungalow, providing buyers with the flexibility to live in the existing home, continue using it as an income-producing property, or build the proposed luxury custom residence when ready. The bungalow is presently leased for approximately $3,400 per month, offering immediate rental income while the purchaser completes their construction planning.The property is being offered with substantially completed plans and permits for a magnificent neoclassical custom residence by Adlakha Design & Build Inc. The project is expected to be approximately 15 days away from shovel-ready status, subject to final municipal processing and approvals.
Sold data
Detached homes in Oakville (WO West) — recent sold market
Detached homes in Oakville (WO West) 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 64 days.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.
- Median days to sell
- 27
- Median sale price
- $1,699,000
- Sale-to-list ratio
- 95.6%
- Sold above asking
- 11%
Based on 349 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Schools in Oakville (WO West)
Oakville (WO West) has 56 Fraser Institute–rated schools (45 elementary and 11 secondary), averaging 7.8/10.
- Rated schools
- 56
- Elementary
- 45
- Secondary
- 11
- Average rating
- 7.8 / 10
Top-rated schools in Oakville (WO West)
- Alfajrul Bassem — elementary, OakvilleFraser rating 10.0/10
- Forest Trail — elementary, OakvilleFraser rating 10.0/10
- Pilgrim Wood — elementary, OakvilleFraser rating 9.7/10
- E J James — elementary, OakvilleFraser rating 9.6/10
- New Central — elementary, OakvilleFraser rating 9.6/10
- du Chêne — elementary, OakvilleFraser rating 9.4/10
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale
Homes for sale near 499 VALLEY DRIVE N
$1,449,900
Detached4+121,100–1,500 sqft2505 YARMOUTH CRESCENT, 1020 - WO West, Oakville
$1,259,000
Detached4+121,100–1,500 sqft6415 DUNRAY COURT, Streetsville, Mississauga
$1,199,000
Detached421,100–1,500 sqft588 WALKERS LINE, Roseland, Burlington
$1,299,900
Detached422,000–2,500 sqft10 HOPEDALE COURT, Streetsville, Mississauga
$1,679,900
Detached321,500–2,000 sqft411 MAPLEHURST AVENUE, 1020 - WO West, Oakville
$1,499,000
Detached321,500–2,000 sqft337 MCNEILLY ROAD, Stoney Creek Industrial, Hamilton
$1,049,000
Detached22700–1,100 sqft1098 KENT AVENUE, 1003 - CP College Park, Oakville
$1,599,000
Detached4+121,100–1,500 sqft7499 5 SIDE ROAD, 1064 - ES Rural Esquesing, Halton Hills