$1,490,000
Oakville
505 Patricia Drive, Oakville (WO West), Ontario, L6K1L9
This 3-bedroom, 2-bathroom home in Oakville is for sale offering roughly 1,750 sq ft of space. Listed at $1,490,000, it is attractively priced about 25% below the $1,999,000 median asking price in Oakville. It has been on the market 10 days, fresher than the Oakville average of 51 days.
Attention Builders, Renovators & End Users! An exceptional opportunity in prestigious Bronte East, set on a premium southeast-facing 89.5 x 126 ft corner lot surrounded by mature trees and stunning custom homes. Featuring RL3-0 zoning with 35% maximum lot coverage, this property offers plenty of potential to build your dream home, renovate, or simply move in and enjoy. The existing 3-bedroom home offers a bright and inviting layout with hardwood flooring, an updated kitchen featuring stainless steel appliances and ample storage, and a spacious living room with a gas fireplace. Three generously sized bedrooms are filled with natural light, complemented by a beautifully renovated main bathroom completed in 2024. The finished basement provides additional living and entertaining space complete with a full bathroom, wet bar and wine rack. Step outside to a private, fully fenced backyard with mature landscaping and a heated saltwater in-ground concrete pool with a new liner installed in 2024. It's a great space for relaxing and entertaining throughout the summer. Ideally situated in one of South West Oakville's most established neighbourhoods, just minutes from Lake Ontario, scenic walking and biking trails, Downtown Oakville, YMCA and Appleby College. Morden Public School is within walking distance, with a school bus stop at the corner for St. Nicholas Catholic Elementary School. Suffolk Park is located just steps away at the end of Burton Rd, while nearby public transit provides convenient access to Downtown Oakville, recreation facilities, arenas and outdoor skating. A rare combination of an oversized corner lot, unbeatable location and outstanding future potential in one of Oakville's most sought-after neighbourhoods. **Some photos are virtually staged** (id:66096)
Features and services as supplied by the listing brokerage.
Active: 10 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 3-bed single family in Oakville (WO West) has been listed for 10 days, which is 41 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 $1,490,000, about 18.0× the local median household income of $83,000.
Carrying it typically needs a household income of about $291,049 (20% down, 25-yr amortization, stress-tested) — roughly 251% above the area median.
Source: Statistics Canada, 2021 Census (FSA L6K)
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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.