Rare 60 feet by 252 feet Ravine Lot with Income-Producing Bungalow and Near Shovel-Ready Custom -Home Plans (Trees have been cleared from the Lot) - Welcome to 499 Valley Drive-an exceptionally rare redevelopment opportunity in one of Oakville's most desirable neighbourhoods. Set on an extraordinary 60 252-ft lot backing onto a creek and ravine, this property offers the privacy, depth and natural surroundings that are increasingly difficult to find in Oakville.The property currently features a four-bedroom bungalow, providing buyers with the flexibility to live in the existing home, continue using it as an income-producing property, or build the proposed luxury custom residence when ready. The bungalow is presently leased for approximately $3,400 per month, offering immediate rental income while the purchaser completes their construction planning.The property is being offered with substantially completed plans and permits for a magnificent neoclassical custom residence by Adlakha Desi
TypeDetached · 1 1/2 Storey
Size700–1,100 sqft
Lot60 ft frontage
Age51-99
Taxes$6,435/yr
BasementFinished
Stan BernardoLuxury Real Estate · GTA & MississaugaRoyal LePage Signature Realty Brokerage(905) 568-2121 · info@repg.ca
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MLS® W13739104
· Listing courtesy of SUTTON GROUP QUANTUM REALTY INC. · September 21, 2026
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