2061 Lakeshore Road, Oakville, ON

$5,898,000
MLS#:W9379857
0 beds
0 baths
Residential Freehold
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Property no longer active

This property was sold on November 27, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable vacant land located in the coveted neighborhood of 1006 - FD Ford. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $5,898,000 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.

  • 0 Bedrooms and 0 Bathrooms
  • Premium 204 x 298 ft lot size
  • Notable attributes: Other

Description

Discover the perfect canvas for your future masterpiece at 2061 Lakeshore Rd E, nestled on a tranquil private laneway on almost 1.5 acres in sought-after South East Oakville. This rare vacant lot offers an incredible opportunity to build your dream home just moments from the shimmering shores of Lake Ontario. Imagine designing a stunning estate home surrounded by lush greenery and the serene ambiance of this picturesque area. With ample space to create the perfect layout, this lot provides the ideal setting for a custom-built home tailored to your lifestyle. Conveniently located near parks, vibrant local shops, and top-rated schools, this prime location combines the tranquillity of privacy steps to the lake with easy access to the amenities of Oakville. Don't miss your chance to turn your vision into reality on this exceptional lot. Whether you're a builder looking to create a standout property or a buyer ready to design your forever home, this opportunity is not to be missed. Start imagining the possibilities! The proposed renderings are for 7070 SQFT above grade. The zoning allows for 25% lot coverage which would allow someone to build up to 15,123 SQFT on the ground floor without a variance.

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Property Summary

This vacant land located at 2061 Lakeshore Road, Oakville is currently for sale and has been available on SousaSells for 654 days. This property is listed at $5,898,000 with an estimated mortgage of $19,632* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 2061 Lakeshore Road, Oakville is in the 1006 - FD Ford neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

000
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateNovember 27, 2024
Sold price information is available to members only
Listed Date10/1/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeVacant Land
Lot Size204 × 298 Feet
CountyHalton
Annual Tax$15,812.93
Legal DescriptionPt Lt 5, Con 3 South Of Dundas Street, As In*

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Features

Property Features

Interior Features

Other

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Community Features

Location

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2061 Lakeshore Road, Oakville, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 2061 Lakeshore Road E, Oakville, ON L6J 1M4

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Oakville.

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Interest Rate4.00%
Down Payment$1,769,400 (30.0%)
* Minimum Canadian down payment required for this price is $1,179,600.
Amortization Period30 Years
Estimated Monthly Payment$19,632Based on a loan of $4,128,600 over 30 years.
Purchase Price$5,898,000
Loan Amount$4,128,600
Provincial Land Transfer Tax:$133,925
Total Estimated Closing Taxes:$133,925

About Purchasing a Home in Oakville, ON

For a property listed at $5,898,000 in Oakville, the legal minimum down payment is $1,179,600 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 $133,925 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 $133,925.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 1006 - FD Ford, Oakville.

Verified Local Data
City Population213,759
City Median Age41.5 Yrs
City Ownership82% Owners
Avg Area List Price$2,902,080

People & Families

Age Distribution

Household Composition

One-person households
18%
Families with children
52%
Couples without children
26%
Other households
4%

Top Ethnic Origins

English22%
Canadian16%
Scottish16%
Irish15%

Local Schools Guide

Elementary Schools

Maple Grove
Public288 Maple Grove Drive, Ennisclare Park, Oakville, Ontario, L6J 4V5
7.3
E J James
Public338 Cairncroft Road, Ennisclare Park, Oakville, Ontario, L6J 4M6
9.6
Joshua Creek
PublicOakville, Ontario, L6J 7S2
9.0
St Luke
Public2750 Kingsway Drive, Oakville, Ontario, L6J 7G5
4.3
James W. Hill
Public2860 Kingsway Drive, Oakville, Ontario, L6J 6R3
7.5

Secondary Schools

Oakville Trafalgar
Public1460 Devon Road, Ennisclare Park, Oakville, Ontario, L6J 3L6
9.2
Iroquois Ridge
Public1123 Glenashton Drive, Oakville, Ontario, L6H 5M1
9.3

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied82%
Rented18%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.