A pic from exterior of the house or condo, cottage for 319 MACDONALD Rd, Oakville Ontario L6J 2A8
54 days on Market

319 MACDONALD Rd, Oakville, Ontario L6J 2A8

Detached
3
3
- sqft
$2,578,000
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Detached
3
3
- sqft

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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$11,071/mo

Tax Amount (2024)$7,926/yr

Days On Market54 days


Description

Prime Redevelopment Opportunity in the Heart of Old Oakville! This 61' x 147' lot, located in the highly desirable Old Oakville neighborhood, offers an exceptional opportunity for builders and investors. Surrounded by luxury custom homes and high-end redevelopment projects, this property is perfect for creating your dream home or a new masterpiece that fits the area's evolving landscape. Zoned RL3-0 by the Town of Oakville, the lot allows for 35% lot coverage, providing ample space to design and build to your exact specifications. Whether you're looking to create a contemporary showpiece or a timeless classic, this prime location offers limitless potential. Situated within walking distance to Lake Ontario, the Oakville Community Centre, top-rated schools, and the charming shops and restaurants of downtown Oakville, this property ensures a lifestyle of both convenience and prestige. Easy access to the GO Train and major highways makes commuting effortless. The property's large, mature trees offer both privacy and a tranquil backdrop, while the existing split-level home provides an option to either enjoy as-is or reimagine entirely. Become part of Old Oakville's exciting redevelopment journey, a neighbourhood on the rise and increasingly in demand. Build now, invest for the future your vision starts here!


Property Details

StyleOther
View-
Age of property51-99
SqFt-
Lot Size9,064 SqFt(148.35 x 61.1)
Parking Spaces9
MLS ®NumberW10404543
Community NameOld Oakville
Data SourceTRREB
Listing byRoyal LePage Real Estate Services Ltd., Brokerage

Features

Heating: Radiant
Cooling: Other
Fireplace
Basement: Finished, Part Bsmt

2nd Floor

Dining

5.44 x 3.56

Hardwood Floor

Living

3.30 x 3.66

Fireplace / Hardwood Floor

Kitchen

3.02 x 4.27

Double Sink / Hardwood Floor / Skylight


Features

Lot size: 9,064 SqFt
Pool: Inground

Parking

Garage spaces 2

Garage type Attached

Other parking spaces 7

Total parking spaces 9


Property listed by Royal LePage Real Estate Services Ltd., Brokerage, Brokerage

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Market Data - Old Oakville

Buyer's Market

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

36 days

Compared to

2023

44 days

2022

43 days

2021

19 days

New Listings

Past 30 days

41 listings

Compared to

2023

19 listings

2022

7 listings

2021

0 listing

Units sold

Past 30 days

7 units

Compared to

2023

10 units

2022

4 units

2021

9 units

Median Sold Price

Past 30 days

$3,050,000

Compared to

2023

$2,694,000

2022

$2,300,000

2021

$1,575,000


Population and Demographics

Overview

Total population 12340
Average household income $232,063

Age (%)

65 and plus
26%
50 to 64
22%
0 to 19
17%
20 to 34
17%
35 to 49
17%

Household composition (%)

Single family
57%
Single person
39%
Multi person
4%
Multi family
0%

Mother tongue (%)

English
80%
Portuguese
2%
Arabic
2%
Mandarin
2%
Others
2%
Tagalog (Pilipino, Filipino)
2%
Spanish
2%
French
2%
Polish
1%
Italian
1%

House tenancy (%)

Renters
52%
Owners
48%

Schools and amenities

Estimated Budget