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1013 - OO Old Oakville, Oakville
$1,949,000
ATTENTION BUILDERS, RENOVATORS & INVESTORS! Rare opportunity in the heart of prestigious Old Oakville. Located on one of the neighbourhood's most coveted streets, 374 Spruce Street sits on an impressive 60 x 142 ft south-facing lot surrounded by mature trees and multi-million-dollar custom homes. An exceptional opportunity to build your dream home, undertake a renovation, or secure a premium property for future investment. The existing bright and spacious 3+1 bedroom, 3-bathroom bungalow offers approximately 1,850 sq ft above grade plus a finished lower level and is vacant for immediate possession. Zoned RL3-0. Enjoy an outstanding Old Oakville lifestyle within walking distance to downtown Oakville, the lake, parks, shops, restaurants and highly regarded schools including OTHS, St. Mildred's and Linbrook. Build new, renovate or invest in one of Oakville's most established and desirable neighbourhoods. Buyer to complete their own due diligence regarding zoning and future building potential.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | 51-99 |
| Size | 1500-2000 sq. ft. |
| Property Tax | $8,505 |
| Lot Size | 142 ft x 60 ft |
| mls© Number | W13741076 |
| Listed By | Real Broker Ontario Ltd. |
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%
- $9,976
- Property tax
- $709
- Heat allowance
- $150
- Housing costs
- $10,835 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$333,000
gross annual household income
- Payment at 4%
- $8,202 / mo
- Cash down
- $389,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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