Property Description

An exceptional opportunity to secure a substantial 75 272 ft lot (approximately 20,505 sq. ft.) in one of West Oakville's most established luxury residential neighbourhoods. Surrounded by distinguished custom-built homes on a quiet, tree-lined street, this remarkable property presents an outstanding opportunity to renovate, expand, or create a bespoke estate residence. Zoned RL2 SP:1, the property offers exceptional custom-home development potential, with the possibility of constructing a luxury residence of approximately 10,000 sq. ft. above grade, spanning up to three storeys with a maximum building height of 12 metres, subject to applicable zoning requirements and municipal approvals. The impressive lot dimensions provide flexibility for thoughtful architectural design, generous setbacks, and expansive outdoor living spaces, including the potential for a swimming pool, cabana, outdoor entertaining areas, and landscaped gardens. The property's setting is equally appealing. Maplehurst Avenue is characterized by mature trees, generous lots, custom residences, and a quiet streetscape without sidewalks. The existing bungalow provides immediate utility, including potential rental income, while buyers explore future redevelopment or renovation plans. Ideally situated near Lake Ontario, Appleby College, Downtown Oakville, Bronte Harbour, waterfront parks, and excellent public and private schools, the location offers an attractive balance of privacy, convenience, and lifestyle. Easy access to the QEW, Highway 403, and GO Transit further enhances connectivity throughout the Greater Toronto Area. Whether envisioned as a distinctive custom-built estate, a long-term investment, or a strategic acquisition for future redevelopment, 383 Maplehurst Avenue offers an exceptional combination of lot size, location, and potential in the heart of West Oakville. (id:7434)