Prime Old Oakville Opportunity – Build or Invest. Located on one of Old Oakville’s most coveted streets, 374 Spruce Street offers a rare 60’ x 142’ south-facing lot surrounded by mature trees and multi-million-dollar custom homes. This property is ideal for builders planning a custom home or investors seeking a solid long-term hold in a prestigious location. The existing 3+1 bedroom, 3-bathroom bungalow is bright, spacious, and well-maintained, offering approx. 1,850 sq ft above grade plus a finished lower level. Zoned RL3-0, the lot allows for generous building permissions, including a new custom home of 4,000+ sq ft above grade Walking distance to downtown, the lake, parks, and top-ranked schools including OTHS, St. Mildred’s, and Linbrook. Currently tenanted by residents who would love to stay, making this an excellent income-producing property while you finalize permits and plans. A rare chance to build, invest, or hold in one of Old Oakville’s most sought-after neighborhoods.