Discover the perfect blend of lifestyle, investment, and future potential in one of South Oakville's most sought-after and rapidly evolving neighborhoods. Set on a premium 60 x 140 ft South East-backing lot that directly overlooks the park of highly regarded W.H. Morden Public School, this property offers both privacy and an unbeatable setting. Endless Possibilities Await: Whether you choose to live in, renovate, rent, or build your dream custom home, this property delivers unmatched flexibility. Potential rent the whole house for $3,400/month based upon actual rent received earlier. Property features: a) 3 bedrooms, a living room, and full bath on the main level b) A fully finished basement with Living room and 1 bedrooms, full bath and powder room, Kitchenette and separate entrance c) Ample parking with a 5-car driveway. Build Your Dream Home-Without the Wait Skip years of planning and approvals. Included with the property are: Architectural drawings, A fully approved DESP permit from the City of Oakville, Near-complete demolition and building permits The approved design showcases a stunning custom residence with 3,330 sq. ft. above grade plus an additional ~1,400 sq. ft. basement with separate entrance. Start building almost immediately or customize the plans to suit your vision. Prime Location Meets Lasting Value: Surrounded by mature trees and elegant custom homes, this exclusive enclave offers both tranquility and prestige. Ideally situated: Just 600m to Lakeshore Road West, 1.6 km to Hwy 403 for easy commuting. 1.6 km to vibrant Downtown Kerr Village. Only 1 km to the lake and scenic waterfront parks. This is a rare chance to secure a premium lot in a high-demand area while avoiding the typical development hurdles. Floor plans of the current home for the proposed design are available. Rendering reflects the approved vision. Check 2 Virtual Tours