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2386 Sovereign Street
homes for sale · Oakville · BR Bronte
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$1,469,900

2386 Sovereign Street

BR Bronte, Oakville · MLS® W13802670

9,914 sq ft · Land · Vacant Land · 36 days on market

listed by CARISSA TURNBULL, ROYAL LEPAGE REAL ESTATE SERVICES LTD.

realtor's description

**Rare Development & Investment Opportunity in the Heart of Bronte Village!** Unlock the potential of this exceptional 0.22-acre property ideally positioned in one of Oakville's most desirable and walkable communities. Zoned RL8-0 with mixed-use permissions under the Main Street designation of the Bronte Village Planning Report (2009), this property presents an exciting opportunity for investors, developers, and visionaries looking to maximize value in a coveted village setting.With permitted uses including residential, commercial, retail, office, or a thoughtfully designed mixed-use concept, the possibilities are substantial. Whether you envision future redevelopment, a mixed-use project, or a strategic long-term hold, this property offers the flexibility to pursue multiple avenues for growth.In the meantime, the well-maintained existing home provides immediate functionality and income potential. The charming three-bedroom, two-bathroom residence features a functional kitchen, spacious living room, and finished basement-ideal for comfortable occupancy or rental income while exploring future plans, applications, and approvals.Location adds another layer of value. Enjoy the exceptional convenience of being within walking distance to Bronte's renowned restaurants, shopping, Lakeshore Road, waterfront, marina, and Lake Ontario. The rare rear road allowance at the back of the property further enhances accessibility and future development possibilities.**Opportunities of this scale and flexibility in the heart of Bronte Village are exceptionally rare.** Secure the property today and unlock its immediate usability, income potential, and exciting long-term redevelopment possibilities.

property details

type
Land, Vacant Land
living area
9,914 sq ft
parking
0
property tax
$5,097 / yr
days on market
36
MLS®
W13802670

monthly cost

$6,829/mo
Mortgage $6,404 · Tax $425

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment
$6,404/ monthly
loan $1,175,920
25-year amortization
total interest
$745,344
cash to close
$293,980
down payment; transfer tax and fees not included
total paid
$1,921,264

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.

listed by
CARISSA TURNBULL
ROYAL LEPAGE REAL ESTATE SERVICES LTD.
call CARISSA · 905-257-3633
Powered by: REALTOR.ca

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location

BR Bronte, OakvilleGoogle Maps ↗

location

BR Bronte, OakvilleGoogle Maps ↗
0

Walkability 0/100 · Car needed for most errands

Nothing everyday within a 10 minute walk.

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