1368 Tansley Drive

Property Details

About this property

Prestigious South West Oakville Bungalow - Live, Lease, or Build. Discover refined living in this beautifully maintained four-bedroom bungalow, gracefully situated in one of South West Oakville's most distinguished and established neighbourhoods. Surrounded by mature trees and bespoke multi-million- dollar estate homes listed as high as $4.69 million-this residence is set on a generous, oversized lot boasting RL3-0 zoning and impressive frontage (61.59 x 128.57 x 123.46 x 60.60 ft), offering an unparalleled opportunity for discerning homeowners, investors, or builders. Exuding warmth and understated elegance, the home presents a harmonious blend of comfot, character, and versatility. The interiors are thoughtfully arranged to maximize functionality, featuring a modern kitchen, well-defined living areas, and tasteful finishes throughout. The current design encompasses two separate living units, ideal for extended families, rental income, or interim occupancy while preparing for a custom redevelopment. An updated estimate was provided recently, confirming that expanding to six bedrooms, alongside further enhancements, can be accomplished for under $10,000, underscoring the property's exceptional potential. This unique offering allows buyers the flexibility to move in immediately, lease one or both units, or redevelop within a pretigious enclave renowned for its collection of luxury custom residences. The current owner is amenable to remaining as a tenant, ensuring a seamless transition and immediate income stream. For builders and investors, the opportunity to lease during the permitting process provides valuable holding income while unlocking the fullpromise of this coveted parcel.

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