2386 Sovereign Street
Oakville, ON L6L 1L8
About This Property
Endless investment opportunity awaits on this 0.22-acre lot in the heart of Bronte Village. Zoned RL8-0 with mixed-use permissions under the Main Street designation of the Bronte Village Planning Report (2009), this property offers exceptional development flexibility. Permitted uses include residential, commercial, retail, office, or a thoughtfully designed mixed-use combination to maximize value in one of Oakville's most sought-after village settings.The well-maintained, quaint family home currently on the property presents an excellent opportunity for rental income while navigating the application and permitting process. Ideally located within walking distance to restaurants, shopping, Lakeshore Road, and the lake. A rare rear road allowance at the back of the property further enhances development potential and accessibility.
Property Details
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Features & Amenities
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® W12733368
Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Mortgage Estimate
Est. Monthly Payment
$8,179
/month · $1,340,000 mortgage
Amortization
Total Interest
$1,113,774
Total Cost
$2,453,774
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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ROYAL LEPAGE REAL ESTATE SERVICES LTD.