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 Design & Build Inc. The project is expected to be approximately 15 days away from shovel-ready status, subject to final municipal processing and approvals.
499 Valley Drive is an exquisite pre-construction neoclassical home in South-East Oakville, set for completion in early 2026. This luxurious 6,000square feet residence, with 4,000 square feet above ground, is being built by the renowned Adlakha Design & Build. It features 4 spacious bedrooms, each with en-suites and walk-in closets, accompanied by a huge linen closet and a well-appointed laundry room on the second floor. The main floor offers an expansive living experience with a home office, a grand kitchen, great room, living room, dining room, and a covered patio perfect for entertaining, complete with a fireplace, BBQ, and cooking slab. The 2,025 square feet basement adds to the allure with a home theater beneath the garage, an additional bedroom with an en-suite, a separate washroom, a bar area, living and recreational spaces, extensive storage, and walk-up stairs leading to a lower terrace. This home perfectly blends luxury and practicality, making it a dream residence in a coveted location. Don't miss the chance to own this architectural masterpiece in one of Oakville's premier neighborhoods. Second Floor: 4 bedrooms with en-suites and walk-in closets, large linen closet, spacious laundry room. Main Floor: Home office, grand kitchen, great room, formal living and dining rooms, covered patio with fireplace, BBQ, and cooking slab. Basement: Home theater under the garage, 1 bedroom with en-suite, separate washroom, bar area, living and recreational spaces, extensive storage, walk-up stairs to lower terrace.
TREB #W12251090
Jun 27, 2025
Listed
$3,995,000
TREB #W11929913
May 18, 2025
Delisted
—
Jan 17, 2025
Listed
$4,490,000
TREB #W9285325
Dec 1, 2024
Delisted
—
Aug 30, 2024
Listed
$4,399,900
TREB #W10403474
Dec 1, 2024
Delisted
—
Aug 30, 2024
Listed
$4,399,900
TREB #W8049704
Feb 6, 2024
Listed
$4,499,900
TREB #W7403800
Jan 16, 2024
Listed
$4,199,900
TREB #W6042508
May 29, 2023
Pending
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May 25, 2023
Listed
$1,399,900
As the MLS and public records start to fill up, we'll list the details here.