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. The existing home-recently rented to professionals until March 31, 2026 for $3,400/month-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.
Address
240 Weighton Drive
List Price
$1,278,000
MLS® Status
New
Expiration Date
2026-06-08
Property Type
Residential Freehold
Type of Dwelling
Detached
Style of Home
2-Storey
Transaction Type
Sale
Area
Oakville
Sub-Area
1020 - WO West
Region
Halton
Bedrooms
3 + 2
Bedrooms (Total)
5
Rooms Above Grade
7
Rooms Below Grade
6
Bathrooms
3
Floor Area
700-1100 Sq. Ft.
Lot Size Source
GeoWarehouse
Lot Depth
142.29
Lot Shape
Irregular
Lot Irregularities
60.10 ft x 142.29 ft x 60.10 ft x 140.52
Lot Size Units
Feet
Lot Width
60.1
Occupant Type
Tenant
Cross Street
Rebecca St / Morden Road
Approx. Age
51 - 99 Years
MLS® Number
W12969570
Listing Brokerage
RE/MAX REALTY SPECIALISTS INC.
Basement Area
Separate Entrance, Finished
Postal Code
L6K 2R1
Posession Details
30/45/60 Flexi
Parking
Private Double
Parking Places (Total)
5.5
Parking Spaces
4
Tax Amount
$5,516.94
Tax Year
2025
Interior Features
None
Cable
Available
Central Vacuum
No
Family Room
Yes
Hydro
Available
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
Brick
Direction Faces
West
Fireplace
Yes
Foundation Details
Other
Garage
Yes
Garage Type
Detached
Covered Spaces
1.5
Kitchens Total
1
Kitchens Above Grade
1
Pool Features
Above Ground
Roof
Shingles
Tax Legal Description
Lt3, Pl 708; S/T 54366 Town Of Oakville
Waterfront
No
Sewer
Sewer
Rooms
| Floor | Type | Dimensions | Features |
|---|---|---|---|
| Ground | Living Room | 4.18 x 4.1 | Hardwood Floor, Picture Window |
| Ground | Kitchen | 2.89 x 2.89 | Granite Counters, Hardwood Floor, Window |
| Ground | Breakfast | 2.89 x 2.45 | Hardwood Floor, Window |
| Ground | Primary Bedroom | 3.35 x 3.05 | Closet, Hardwood Floor, Window |
| Ground | Bedroom 2 | 3.35 x 2.46 | Closet, Hardwood Floor, Window |
| Ground | Bedroom 3 | 3.25 x 2.97 | Closet, Hardwood Floor, Window |
| Basement | Family Room | 5.68 x 3.39 | Gas Fireplace, Window |
| Basement | Kitchen | 3.52 x 2.62 | Hardwood Floor, Window |
| Basement | Bedroom 4 | 2.5 x 2.4 | 4 Pc Bath, Closet, Window |