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1011 - MO Morrison, Oakville
$1,650,000
Rare opportunity to secure a premium 60' x 125' lot (approximately 7,513 sq. ft.) in one of Southeast Oakville's most prestigious and highly sought-after neighbourhoods. Surrounded by luxury custom homes valued at $3M+, this property offers exceptional potential to build your dream custom residence, complete a full renovation, or update and hold as an investment property.Situated on a quiet, mature, tree-lined street, this prime location is just minutes from Lake Ontario, Downtown Oakville, top-rated public and private schools, parks, waterfront trails, shopping, restaurants, Oakville GO Station, and provides quick access to the QEW and Highway 403. The generous lot size, established neighbourhood, and continued luxury redevelopment make this an outstanding opportunity for builders, investors, renovators, and end users alike.Whether you're envisioning a spectacular new custom home, a high-end renovation, or a long-term investment in one of Oakville's strongest luxury markets, the possibilities here are endless.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | 51-99 |
| Size | < 700 sq. ft. |
| Property Tax | $6,876 |
| Lot Size | 60 ft x 125.2 ft |
| mls© Number | W13633004 |
| Listed By | ROYAL LEPAGE SIGNATURE REALTY |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $8,445
- Property tax
- $573
- Heat allowance
- $150
- Housing costs
- $9,168 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$282,000
gross annual household income
- Payment at 4%
- $6,943 / mo
- Cash down
- $330,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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