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1020 - WO West, Oakville
$1,679,900
Exceptional Building Opportunity in Prestigious West Oakville! Rarely offered 60' x 272' lot on one of Oakville's most desirable, tree-lined streets. Surrounded by mature landscaping and multi-million dollar homes, this property offers the ideal setting to design and build a luxury custom residence. Zoned RL3 sp:1.The existing well-maintained 3-bedroom bungalow features 1.5 bathrooms and a bright family room addition with vaulted ceilings, with rental potential of up to $65,000 annually *- perfect to live in or lease while planning your build. Includes conceptual renderings and plans for a custom home of approximately 7,900 sq. ft. above grade (11,000+ sq. ft. total) (subject to approvals and due diligence).Prime location just minutes to Lake Ontario, downtown Oakville, Appleby College, YMCA, parks, Fortinos, with convenient access to GO Stations, QEW/403/407, and public transit. Close to top-rated schools and French Immersion. A rare opportunity for builders, investors, or end-users in one of Oakville's most sought-after neighbourhoods.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | 51-99 |
| Size | 1500-2000 sq. ft. |
| Property Tax | $6,685 |
| Lot Size | 60 ft x 272.51 ft |
| mls© Number | W13116846 |
| Listed By | ROYAL LEPAGE SIGNATURE REALTY |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $8,598
- Property tax
- $557
- Heat allowance
- $150
- Housing costs
- $9,306 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$286,000
gross annual household income
- Payment at 4%
- $7,069 / mo
- Cash down
- $335,980
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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