394 Maplehurst Avenue N Oakville, Ontario L6L 4Y6

$1,648,000

Welcome to one of South Oakville's most coveted addresses. Maplehurst Avenue is renowned for its quiet, luxury setting - something every discerning buyer already knows and values.This rare north-east facing corner property offers excellent exposure, allowing for abundant natural light throughout the day. Mature trees at the rear provide exceptional privacy from the street, while the clean, open lot is perfectly suited for a future pool and outdoor oasis.The property comes with approved plans for a stunning 6,800 sq. ft. classical residence (approximately 4,300 sq. ft. above ground plus a 2,500 sq. ft. basement), with over $80,000 already invested in architectural drawings, permits, and approvals - saving the future owner significant time, effort, and cost. The project is just steps away from utility disconnection and final building permit issuance, allowing construction to be fast-tracked with ease.The existing home is currently tenanted and generating approximately $3,000 per month in rental income. The tenants can vacate with 30 days' notice, offering excellent flexibility for both investors and end-users. The current house is in decent, well-maintained condition and is perfectly livable for anyone wishing to move in and enjoy the property while planning and preparing to build their dream home.Surrounded by prestigious multi-million dollar estates, this is a rare turnkey opportunity for builders, investors, or end-users to secure a premium South Oakville lot and create a truly exceptional luxury residence. (id:60365)

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https://www.realtor.ca/real-estate/29814020/394-maplehurst-avenue-n-oakville-wo-west-1020-wo-west