3131 Old Bronte Road, Oakville, ON
Property Highlights
Welcome to this remarkable land located in the coveted neighborhood of 1012 - NW Northwest. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1 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 132 x 333 ft lot size
Description
Strategic Growth Area: Approved OPA 73 on 10/20/2025":On lands designated High Density Residential:a) Located north of William Halton Parkway, east of Bronte Road, or Old Bronte Road: The residential density shall be between 100 & 300 units per site hectare. Minimum height shall be 4 storeys.The maximum building height shall be 8 storeys, except on corner sites it shall be 16 storeys. Multiple-attached dwellings may only be permitted in conjunction with a development that includes an apartment building" . Exceptional High-Density Residential Development Opportunity in Oakville's Palermo Village Growth Node! Strategically positioned on the NE corner of William Halton Parkway and Old Bronte Road, this 1.012-acre flat lot sits within the heart of Palermo Village North Urban Core - a designated growth area in Livable Oakville Official Plan***Key Highlights: *** Located just west of the new Oakville Hospital , Medical Village and new Halton Courthouse*** Nature: Glenorchy Forest & numerous sports fields to the east***Zoned for High-Density Residential: Floor Space Index (FSI) of 4.0+ as per OPA73.. Proposed Density: 100-300 units per site hectare under OPA 73, supporting transit-oriented intensification***Prime Location: Just north east of the approved community center, library, and regional transit terminal - a future urban hub for the northwest Oakville community***Connectivity: Trail systems linking to Glenorchy Conservation Area and the Trans-Oakville Pathway, with nearby access 2 Highway 407***Transit: GO Bus Station & dedicated Go Bus lanes have been approved for SE corner of Hwy 407 & Bronte Rd., Inter regional rapid transit terminal approved for north of Dundas & west of Bronte Rd***Unmatched Views: Future towers will enjoy panoramic vistas of Lake Ontario, Bronte Provincial Park***This is a rare opportunity in a fast-developing growth area anchored by regional transit infrastructure, civic facilities. Several adjacent 1-acre+ lots might be available.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 3131 Old Bronte Road, Oakville, ON L6M 4J3
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About Purchasing a Home in Oakville, ON
For a property listed at $1 in Oakville, the legal minimum down payment is $0 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 $0 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 $0.
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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.