Overview

This lot in Oakville is for sale.

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Description

Exceptional opportunity to build your dream home on an impressive 15,000+ sq. ft. building lot in Oakville’s highly sought-after College Park community. Seller is willing to consider a Vendor Take-Back (VTB) mortgage, providing qualified buyers with additional financing flexibility. Tucked away on a quiet private lane just off 6th Line near Sixteen Mile Creek, this property offers a peaceful and private setting for a custom-built residence. Surrounded by prestigious multi-million-dollar homes, the lot provides an outstanding opportunity to create a home that complements the character and calibre of the neighbourhood. Conveniently located with easy access to the QEW and close to Oakville Place, excellent schools, scenic walking trails and Glen Abbey Golf Club. A rare opportunity to build something truly special in one of Oakville’s desirable established communities. (id:66096)

Property Details

MLS®: 40859501
Property Type: Vacant Land
Zoning: RL1-0
Frontage: 84 ft
Basement: None
Ownership: Freehold
Property Tax: $6,034/yr
Listed: 64 days ago

Services

Water: Municipal water
Sewer: Municipal sewage system
Utilities: Natural Gas, Cable, Telephone

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

64d

Oakville listings, avg age

56d

List price

$1.69M

Homes here sell faster than most markets

Sold homes in this market spent an average of 35 days on the market over the past year, against a median of 48 days across the markets we publish.

Haho

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Listed by Century 21 Miller Real Estate Ltd. · Leo Manchisi

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L6H)

This home lists at $1,690,000, about 13.7× the local median household income of $123,000.

Carrying it typically needs a household income of about $330,116 (20% down, 25-yr amortization, stress-tested) — roughly 168% above the area median.

Median household income: $123,000
Population: 72,662
Median age: 40
Owner / renter: 77% / 23%
Avg. household size: 2.9

Source: Statistics Canada, 2021 Census (FSA L6H)

$1,690,000

For sale

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Financing

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1068 SIXTH Line, Oakville - Vacant Land for Sale