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. Buyer and Buyer Agent to verify all measurements. Check 2 Virtual Tours