392 Fourth Line
1020 - WO West, Oakville
$2,200,000
Exceptional redevelopment opportunity on a rare approx. 0.6-acre lot in desirable West Oakville. Surrounded by mature trees and luxury custom homes, this premium property offers outstanding frontage and depth for a large custom build with ample space for a backyard oasis. Existing 2 bedroom bungalow provides interim use, rental potential or renovation option while planning construction. Quiet street just minutes to downtown Oakville, lakefront, Bronte & Oakville GO, QEW and everyday amenities including Fortinos, YMCA, Westgate Park and Appleby College. Located within top-rated school boundaries including French immersion programs. An ideal opportunity for builders, investors and end-users seeking land in a transitioning multi-million dollar neighbourhood.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $11,409 |
| Lot Size | 100 ft x 272.51 ft |
| mls© Number | W13494402 |
| Listed By | CITYSCAPE REAL ESTATE LTD. |
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%
- $11,261
- Property tax
- $951
- Heat allowance
- $150
- Housing costs
- $12,361 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$380,000
gross annual household income
- Payment at 4%
- $9,258 / mo
- Cash down
- $440,000
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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