2386 Sovereign Street, Oakville, ON L6L 1L8
Bronte · L6L 1L8
$1,469,900
$148 / sq ft1 months on market
- Interior
- 9,914 sf
- Lot
- 97 × 195.79 ft
What's special
- Double detached garage
- Yes
About this property
**Rare Development & Investment Opportunity in the Heart of Bronte Village!** Unlock the potential of this exceptional 0.22-acre property ideally positioned in one of Oakville's most desirable and walkable communities. Zoned RL8-0 with mixed-use permissions under the Main Street designation of the Bronte Village Planning Report (2009), this property presents an exciting opportunity for investors, developers, and visionaries looking to maximize value in a coveted village setting.With permitted uses including residential, commercial, retail, office, or a thoughtfully designed mixed-use concept, the possibilities are substantial. Whether you envision future redevelopment, a mixed-use project, or a strategic long-term hold, this property offers the flexibility to pursue multiple avenues for growth.In the meantime, the well-maintained existing home provides immediate functionality and income potential. The charming three-bedroom, two-bathroom residence features a functional kitchen, spacious living room, and finished basement-ideal for comfortable occupancy or rental income while exploring future plans, applications, and approvals.Location adds another layer of value. Enjoy the exceptional convenience of being within walking distance to Bronte's renowned restaurants, shopping, Lakeshore Road, waterfront, marina, and Lake Ontario. The rare rear road allowance at the back of the property further enhances accessibility and future development possibilities.**Opportunities of this scale and flexibility in the heart of Bronte Village are exceptionally rare.** Secure the property today and unlock its immediate usability, income potential, and exciting long-term redevelopment possibilities.
Property details
Property
- Property type
- vacant land
- Interior size
- 9,914 sq ft
- Lot size
- 97 × 195.79 ft
- Zoning
- RL8-0
- Possession
- asap
Interior
- Cooling
- Yes
Exterior & services
- Garage
- Double Detached
- Sewer
- Sanitary+Storm
Costs
- List price
- $1,469,900
- Property taxes
- $5,097 / year (2026)
- Price per sq ft
- $148
Listing
- MLS® number
- W13802670
- Status
- For sale
- Listed
- September 18, 2026
- Days on market
- 48
- Last updated
- September 18, 2026
- Listing brokerage
- ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Price & sale history
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Before you make an offer
What this home costs beyond the asking price, and how that price compares to what else is on the market.
How this price compares
This home is priced below most comparable listings — about 20% of comparable vacant land listings in Oakville are asking less.
- This home
- $148 / sq ft
- Comparable median
- $40 / sq ft
Based on 15 comparable active vacant land listings in Oakville. These are asking prices, not sale prices.
Mortgage estimate
- Principal & interest
- $7,452.83
- Property tax (est.)
- $424.75
- Estimated monthly
- $7,878
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Land transfer tax
Payable on closing, on top of the purchase price.
- Ontario
- $25,873
- Total due on closing
- $25,873
An estimate on the asking price of $1,469,900. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of ROYAL LEPAGE REAL ESTATE SERVICES LTD.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
Comparable sales nearby
What similar homes in this area actually sold for.
Nearby sold prices are hidden
Recent closed sales for comparable homes in this area — the numbers that tell you whether the asking price is realistic.
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