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New5 days ago

1509 Tansley Drive

1020 - WO West, Oakville

$924,900

Detached|2-Storey
4 | 2 | 4
About this home

A Rare Oakville Builder's Opportunity Awaits.Bring your vision to life on this exceptional 65 x 126 ft lot in a sought-after Oakville neighbourhood. With approximately 8,190 sq. ft. of land, 1509 Tansley Drive offers a rare opportunity to build a custom home in an established residential community surrounded by quality homes and continued investment.The existing home is being offered primarily for land value, providing a clean and usable building site. With no significant trees to contend with and updated city plumbing services, the property offers a strong starting point for future development.Whether you're a builder, investor, or end user dreaming of a custom residence, this is an opportunity to create something truly your own in a desirable, family-friendly pocket close to schools, parks, shopping, transit, and major routes.Buyer to conduct their own due diligence with the Town of Oakville regarding zoning, permitted gross floor area, setbacks, lot coverage, height, permits, and overall development potential.

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$5,267
Lot Size65 ft x 126 ft
mls© NumberW13745880
Listed ByROYAL LEPAGE SIGNATURE REALTY

Listing History

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  • No recent lease history for this listing.

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$4,734
Property tax
$439
Heat allowance
$150
Housing costs
$5,323 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $184,980
25-yr amortization

Income needed

$164,000

gross annual household income

Payment at 4%
$3,892 / mo
Cash down
$184,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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