1475 Lakeshore Road East, Oakville (MO Morrison), Ontario, L6J1L9
$11,999,000
Oakville
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. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 141 days on market, against an average age of 63 days across the listings currently for sale in this city
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.
This vacant land in Oakville (MO Morrison) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $11,999,000, about 75.9× the local median household income of $158,000.
Carrying it typically needs a household income of about $2,343,825 (20% down, 25-yr amortization, stress-tested) — roughly 1383% above the area median.
Source: Statistics Canada, 2021 Census (FSA L6J)
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