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New3 hours ago

302 Southview Road

1020 - WO West, Oakville

$999,999

Detached|Bungalow
3 | 2 | 7
About this home

Rare Opportunity in One of West Oakville's Most Established and Sought-After Neighbourhoods!Situated on a generous 60 x 141 ft lot, this property offers exceptional potential forrenovation, investment, or building your dream custom home. With zoning that may permitapproximately 3,300 sq. ft. of above-grade living space, buyers are presented with an excitingopportunity to create a residence tailored to their vision, subject to applicable approvals.The existing bungalow provides immediate flexibility with a functional layout featuring 3bedrooms, a 4-piece bathroom, and a spacious lower level. Whether you choose to renovate, holdas an investment, or pursue a future custom build, this property offers multiple possibilitiesin a desirable and established community.Imagine creating a thoughtfully designed custom residence with impressive curb appeal,expansive windows, open-concept living spaces, a chef-inspired kitchen, generous principalrooms, spacious bedrooms, spa-inspired bathrooms, and seamless indoor-outdoor livingoverlooking a private backyard. Ideally located just minutes from Bronte Harbour, Lake Ontario,parks, trails, reputable schools, shopping, restaurants, transit, and major highway access. Arare opportunity to secure a premium lot in a thriving West Oakville community with excellentpotential for long-term value.

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agent
Macallum Tepsich
(647) 326-2579
TypeDetached
StyleBungalow
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$5,565
Lot Size60 ft x 141 ft
mls© NumberW14019370
Listed ByRE/MAX REAL ESTATE CENTRE INC.

Listing History

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  • No recent lease history for this listing.

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$5,118
Property tax
$464
Heat allowance
$150
Housing costs
$5,732 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $200,000
25-yr amortization

Income needed

$176,000

gross annual household income

Payment at 4%
$4,208 / mo
Cash down
$200,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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