Oakville, Old Oakville, L6J 3X5
$3,988,800
Listed by RE/MAX HALLMARK ALLIANCE REALTY.
This exceptional property, located on one of the most sought-after streets in Old Oakville, presents a unique opportunity to create the home of your dreams. Balsam Drive is renowned for its stunning tree-lined vistas, prestigious estate homes, and generous lot sizes, making it one of Oakville's most desirable addresses. Set on a sprawling 15,650 sqft lot with an impressive 100.21 foot frontage and 153.11 foot depth, this property offers ultimate privacy with perimeter trees that do not interfere with potential building plans. Its coveted RL1-0 zoning allows for the construction of a grand estate, providing ample space for luxurious living areas, outdoor entertaining spaces, and lush gardens. Located within walking distance of Downtown Oakville and the shores of Lake Ontario, this property epitomizes convenience and lifestyle. Enjoy a short stroll to world-class restaurants, boutique shopping, and the picturesque lakefront, all within 10 minutes. Families will also benefit from being minutes away from Oakville's top-rated private schools, such as St Mildred's-Lightbourn, MacLachlan College, and Linbrook School, and just steps away from New Central Public School. For those seeking an investment, the existing home can be lived in or rented out while planning your dream build. With endless possibilities, this property offers incredible potential for a custom-designed estate with stunning architecture, making full use of this extraordinary lot.
Foyer
Living
Kitchen
Sunroom
Dining
Prim Bdrm
2nd Br
3rd Br
4th Br
Office
Rec
Laundry
The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.
The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.