4022 Fourth Line
1040 - OA Rural Oakville, Oakville, L6M 4L4
FOR SALE
$18,800,000
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Property Description
ATTENTION DEVELOPERS, BUILDERS, INVESTORS! Very Rare 15 Acre approximately Corner Lot with 7 acres developable approximately to build Townhomes or Stacked Townhomes with Mixed Use Residential High-Density Buildings from 4 Floors to 18 Floors Residential Apartment Buildings with commercial retail or school on first floor with requested allocation at 1,700. Units which can be changed to suit Builders needs. Additionally with 2 acres developable on the west side of property is Medium Density Residential to build Townhouses all within the proposed Future Neyagawa Urban Core Plan and located right beside the Future proposed 407 Transitway Hub Station. This Corner Development Land Vacant Lot is located at the corner of Burnhamthorpe Rd West and Fourth Line and is in irregular shape, Burnhamthorpe Rd West is under construction to build a 4 Lane Road that will extend directly to the newer Hospital on Dundas St. 5 minutes away.Great Opportunity to Invest and Develop in Oakville. Seller and Agent make no representation as to Development Time and City Uses. Buyer to Verify with City, do not walk property without Appointment.
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Property Details
Address
4022 Fourth Line
Community
City
Postal Code
L6M 4L4
Property Type
Vacant Land, Vacant Land
Zoning
neyagawa urban core
Lot Size
552' x 1,360'
Taxes
$22,697 (2024
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Listing contracted with Century 21 Millennium Inc.
A rare and exceptional land opportunity on prestigious Lakeshore Road East! 1475 Lakeshore Rd E offers scale and long-term potential in one of Oakville's most established and coveted lakefront-adjacent corridors. Zoned RL1-0, the property presents a compelling opportunity for thoughtful redevelopment in a neighbourhood defined by multi-million-dollar estates and enduring value. With its impressive acreage, this site presents a great opportunity to rezone to permit a condominium roadway with 7 to 8 freehold houses. Alternatively, the property could accommodate a single magnificent custom estate. Other opportunities exist through this rare offering! Conveniently located just moments from Lake Ontario with immediate access to the Waterfront Trail and Coronation Park, close to Bronte Harbour, downtown Oakville, GO Transit, and easy QEW access. The surrounding area features top-rated schools and premium amenities. With opportunities along this stretch of Lakeshore becoming increasingly scarce, properties of this scale represent enduring land assets. An ideal opportunity for experienced developers, custom builders, or vision-driven purchasers seeking a prime Oakville address with long-term value in an irreplaceable lakefront setting.
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