Endless investment opportunity awaits on this 0.22-acre lot in the heart of Bronte Village. Zoned RL8-0 with mixed-use permissions under the Main Street designation of the Bronte Village Planning Report (2009), this property offers exceptional development flexibility. Permitted uses include residential, commercial, retail, office, or a thoughtfully designed mixed-use combination to maximize value in one of Oakville's most sought-after village settings.The well-maintained, quaint family home currently on the property presents an excellent opportunity for rental income while navigating the application and permitting process. Ideally located within walking distance to restaurants, shopping, Lakeshore Road, and the lake. A rare rear road allowance at the back of the property further enhances development potential and accessibility.
Address
2386 Sovereign Street
List Price
$1,799,900
MLS® Status
New
Expiration Date
2026-06-23
Property Type
Residential Freehold
Type of Dwelling
Detached
Style of Home
1 1/2 Storey
Transaction Type
Sale
Area
Oakville
Sub-Area
1001 - BR Bronte
Region
Halton
Bedrooms
1
Bedrooms (Total)
1
Rooms Above Grade
3
Bathrooms
1
Floor Area
< 700 Sq. Ft.
Lot Size Source
MPAC
Lot Depth
195.79
Lot Size Units
Feet
Lot Width
97
Parcel Number
247600135
Parcel of Tied Land
No
Occupant Type
Vacant
Cross Street
Jones St
MLS® Number
W12726828
Listing Brokerage
ROYAL LEPAGE REAL ESTATE SERVICES LTD.
| Royal LePage Real Estate Services Ltd., Brokerage
Basement Area
Finished
Postal Code
L6L 1L8
Posession Details
immediate
Parking
Private, Private Double
Parking Places (Total)
4
Parking Spaces
3
Tax Amount
$4,999.00
Tax Year
2025
Interior Features
None
Central Vacuum
No
Family Room
Yes
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Source
Gas
Heat Type
Forced Air
Cooling Features
Central Air
Construction Materials
Aluminum Siding
Direction Faces
South
Fireplace
Yes
Foundation Details
Concrete, Concrete Block
Garage
Yes
Garage Type
Detached
Covered Spaces
1
Kitchens Total
1
Kitchens Above Grade
1
Other Structures
Additional Garage(s), Workshop
Pool Features
None
Roof
Asphalt Shingle
Tax Legal Description
PCL 161-2, SEC M7 ; LT 161, PL M7 , S/T LT 159, PLAN M7 TO MAINTAIN THE EXISTING DRAIN WHICH RUNS IN A SOUTHWESTERLY DIRECTION ACROSS THE SAID LOT 161 HEREBY CONVEYED AT A DISTANCE OF APPROXIMATELY 50 FEET SOUTHEASTERLY TO SOVEREIGN STREET ; OAKVILLE
Topography
Open Space
Waterfront
No
Sewer
Sewer