3131 Old Bronte Road, Oakville, ON L6M 4J3 - MLS#40755059

Key Details

Property Type Single Family Home

Sub Type Residential

Listing Status Active

Purchase Type For Sale

MLS Listing ID 40755059

Annual Tax Amount $5,892

Lot Size 1.012 Acres

Acres 1.012

Property Sub-Type Residential

Source Cornerstone

Property Description

Exceptional High-Density Residential Development Opportunity in Oakville's Palermo Village Growth Node! Strategically positioned on the NE corner of William Halton Parkway and Old Bronte Road, this 1.012-acre flat lot sits within the heart of Palermo Village North Urban Core - a designated growth area in Livable Oakville Official Plan***Key Highlights: *** Located just west of the new Oakville Hospital and Medical Village*** Nature: Glenorchy Forest and numerous sports fields to the east***Zoned for High-Density Residential: Floor Space Index (FSI) of 4.0+ as per ongoing planning studies. Proposed Density: 100-300 units per site hectare under OPA 34, supporting transit-oriented intensification***Prime Location: Just north of the planned community center, library, and regional transit terminal - a future urban hub for the northwest Oakville community***Connectivity: Trail systems linking to Glenorchy Conservation Area and the Trans-Oakville Pathway, with nearby access to Highway 407***Transit: GO Bus Station & dedicated Go Bus lanes have been approved for SE corner of Hwy 407 & Bronte Rd., Inter regional rapid transit terminal approved for north of Dundas & Bronte Rd***Unmatched Views: Future towers will enjoy panoramic vistas of Lake Ontario, Bronte Provincial Park, and the Niagara Escarpment***Complete Community Vision: Palermo Village is set to become a vibrant, pedestrian-friendly, mixed-use node with commercial, office, civic, and residential uses***This is a rare opportunity in a fast-developing growth area anchored by regional transit infrastructure, civic facilities, and high density residential-use intensification ideal for developers, institutional investors, and strategic landholders. Several adjacent 1-acre+ lots might be available as well. OFFICIAL PLAN DESIGNATED - RESIDENTIAL USE, OFFICIAL PLAN DESIGNATED

Location

Province ON

County Halton

Area 1 - Oakville

Zoning FD

Direction Take Bronte Road north from Dundas, turn right immediately north of William Halton, turm right.

Rooms

Kitchen 0

Interior

Fireplace No

Exterior

Utilities Available Cell Service,Electricity Connected,Street Lights

Lot Frontage 132.23

Lot Depth 333.93

Garage No

Building

Lot Description Urban,Rectangular,Ample Parking,Hospital,Public Transit,Schools,Visual Exposure

Faces Take Bronte Road north from Dundas, turn right immediately north of William Halton, turm right.

Sewer Septic Tank

Water Well

New Construction No

Schools

Elementary Schools Palermo, St.Mary Ces

High Schools White Oaks, St Ignatius Of Loyola

Others

Senior Community No

Tax ID 249280103

Ownership Freehold/None