Welcome to this remarkable Bungalow detached located in the coveted neighborhood of 1016 - SH Sixteen Hollow. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $2,900,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
Attention investors, builders, developers, and those dreaming of a private country setting within the city, this is an exceptional opportunity in North Oakville. Situated on a rare 1-acre private lot, this property falls within North Oakville's future residential development plan, offering outstanding long-term potential. Ideally located just minutes from the Oakville Hospital, the future 407 GO Train Station/Neyagawa transit hub and with convenient access to major routes, this location is primed for growth. Burnhamthorpe Road has already been widened to four lanes. Backing onto a peaceful forested setting, the property features an approximately 2,000 sq. ft. bungalow with 2+2 bedrooms. The open-concept kitchen overlooks a 382sq. ft. sun-filled addition with cathedral ceilings, hardwood floors, and a walkout to the deck. A 244 sq. ft. sunken family room with a fireplace seamlessly connects to the main living area. The finished basement offers two additional bedrooms, a recreation room, and a 3-piece bath. For hobbyists, contractors, or entrepreneurs, the property also includes a two-car garage plus a separate heated 35' x 31' insulated workshop featuring 10-foot doors (2010), perimeter weeping tiles, and a sump pump. This is a truly rare offering-live, invest, or build for the future in one of Oakville's most promising growth corridors.
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Greenbelt/Conservation, Hospital
In-Law Capability, Primary Bedroom - Main Floor
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 1099 Burnhamthorpe Road W, Oakville, ON L6M 4K9
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Oakville.
About Purchasing a Home in Oakville, ON
For a property listed at $2,900,000 in Oakville, the legal minimum down payment is $580,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $58,975 for this transaction. As this listing is in Oakville (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $58,975.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.