$2,295,000
Oakville
383 Maplehurst Avenue, Oakville (WO West), Ontario, L6L4Y3
This 4-bedroom, 3-bathroom home in Oakville is for sale offering roughly 1,300 sq ft of space. Its $2,295,000 asking price sits right in line with the $2,295,000 median in Oakville. It has been on the market 12 days, fresher than the Oakville average of 51 days.
An exceptional opportunity to secure a substantial 75 272 ft lot (approximately 20,505 sq. ft.) in one of West Oakville's most established luxury residential neighbourhoods. Surrounded by distinguished custom-built homes on a quiet, tree-lined street, this remarkable property presents an outstanding opportunity to renovate, expand, or create a bespoke estate residence. Zoned RL2 SP:1, the property offers exceptional custom-home development potential, with the possibility of constructing a luxury residence of approximately 10,000 sq. ft. above grade, spanning up to three storeys with a maximum building height of 12 metres, subject to applicable zoning requirements and municipal approvals. The impressive lot dimensions provide flexibility for thoughtful architectural design, generous setbacks, and expansive outdoor living spaces, including the potential for a swimming pool, cabana, outdoor entertaining areas, and landscaped gardens. The property's setting is equally appealing. Maplehurst Avenue is characterized by mature trees, generous lots, custom residences, and a quiet streetscape without sidewalks. The existing bungalow provides immediate utility, including potential rental income, while buyers explore future redevelopment or renovation plans. Ideally situated near Lake Ontario, Appleby College, Downtown Oakville, Bronte Harbour, waterfront parks, and excellent public and private schools, the location offers an attractive balance of privacy, convenience, and lifestyle. Easy access to the QEW, Highway 403, and GO Transit further enhances connectivity throughout the Greater Toronto Area. Whether envisioned as a distinctive custom-built estate, a long-term investment, or a strategic acquisition for future redevelopment, 383 Maplehurst Avenue offers an exceptional combination of lot size, location, and potential in the heart of West Oakville. (id:66096)
Features and services as supplied by the listing brokerage.
Active: 12 days on market, against an average age of 51 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 4-bed single family in Oakville (WO West) has been listed for 12 days, which is 39 days fresher than the city average of 51. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $2,295,000, about 18.8× the local median household income of $122,000.
Carrying it typically needs a household income of about $448,294 (20% down, 25-yr amortization, stress-tested) — roughly 267% above the area median.
Source: Statistics Canada, 2021 Census (FSA L6L)
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Loading rates, 30-yr amortization
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Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.