A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 538 Fourth Line, Oakville Ontario L6L 5A8
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3 days on Market

538 Fourth Line, Oakville, Ontario L6L 5A8

Detached
3 + 2
3
~2124 sqft
$2,190,000
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Detached
3 + 2
3
~2124 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$1,031/sqft

Est. Mortgage$9,405/mo

Tax Amount (2024)$5,547/yr

Days On Market3 days


Description

Gorgeous South Oakville Brick Bungalow on Over 1/3 Acre Lot! Rare opportunity to own a 16,415 sq ft western exposure lot (273 ft deep) in prestigious South Oakville. Zoning (RL3) allows construction of a 3-storey home up to 12m high and over 17,000 sq ft—an incredibly rare offering in an area surrounded by newly built custom mansions. This is one of the last remaining oversized lots in the neighbourhood, offering unmatched potential for future development. The current 5-bedroom, 3-bathroom raised bungalow has been completely renovated with premium finishes and craftsmanship. Like a brand new home: high-gloss lacquer kitchen with quartz counters, porcelain backsplash & floors, pot lights, valance lighting, and walk-out to covered 16'4" x 12'6" deck. ¾" hardwood floors throughout main level, crown molding, wainscoting, California shutters, and modern light fixtures. Two new electric fireplaces add warmth and style. Lower level with separate entrance features two bedrooms, a playroom, laundry, a spacious rec room with wet bar and fireplace—perfect as an in-law suite or income opportunity. Bright above-grade windows throughout. All-new bathrooms with quartz and porcelain finishes, Moen faucets, dual-flush toilets. New windows, doors, appliances, Lennox furnace, 200 amp electrical, and extra-wide detached tandem garage. New double driveway with turnaround. Rich landscaping with blooming perennials, multiple stone patios. Never lived-in post renos. Walk to Lake Ontario, marinas, parks, GO Station, Downtown Oakville, and Kerr Village. Surrounded by top-rated schools including École Pinegrove, St. Mary’s, World - renown Appleby College, and completely rebuilt St. Thomas Aquinas. Zoning flexibility + luxury location = rare value. Live in, rent out, or build a dream estate among Oakville’s finest homes.


Property Details

StyleBungalow Raised
ViewGarden, Orchard
Age of property1954
SqFt~2124 SqFt
Lot Size16,380 Ac(273 x 60)
Parking Spaces10
MLS ®Number40717426
Community NameWest Oakville
Data SourceITSO
Listing byRE/MAX REALTY SPECIALISTS INC CREDIT VALLEY ROAD

Features

Heating: Forced Air, Natural Gas
Cooling: Central Air
Basement: Separate Entrance, Walk-Up Access, Full, Finished

Main Floor

Living Room

5.94 x 3.48

california shutters / crown moulding / fireplace

Dining Room

4.62 x 3.43

california shutters / crown moulding / hardwood floor

Bedroom

3.15 x 2.49

california shutters / crown moulding / hardwood floor

Bedroom Primary

3.56 x 2.74

california shutters / crown moulding / ensuite privilege


Features

Lot size: 16,380 Ac
Sewer (Municipal)

Parking

Garage spaces 2

Garage type -

Other parking spaces 8

Total parking spaces 10


Property listed by RE/MAX REALTY SPECIALISTS INC CREDIT VALLEY ROAD, Brokerage

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Market Data - West Oakville

Geo Zone Map ThumbnailWest Oakville

Strong Buyer's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

22 days

Compared to

2024

29 days

2023

18 days

2022

10 days

New Listings

Past 30 days

60 listings

Compared to

2024

29 listings

2023

37 listings

2022

64 listings

Units sold

Past 30 days

10 units

Compared to

2024

15 units

2023

20 units

2022

48 units

Median Sold Price

Past 30 days

$1,717,500

Compared to

2024

$1,525,000

2023

$1,493,000

2022

$1,700,000


Population and Demographics

Overview

Total population 10177
Average household income $193,731

Age (%)

0 to 19
24%
50 to 64
22%
35 to 49
20%
65 and plus
19%
20 to 34
15%

Household composition (%)

Single family
77%
Single person
19%
Multi person
3%
Multi family
1%

Mother tongue (%)

English
74%
Mandarin
4%
Portuguese
4%
Arabic
2%
Italian
2%
Others
2%
French
2%
Tagalog (Pilipino, Filipino)
1%
Spanish
1%
Polish
1%
Punjabi (Panjabi)
1%

House tenancy (%)

Owners
83%
Renters
17%

Schools and amenities

Estimated Budget