392 Fourth Line

Presenting an exceptional opportunity with this house for sale in Oakville , located at 392 Fourth Line, Oakville. This remarkable property sits on a generous approximately 0.6-acre lot in the highly sought-after community of West Oakville, specifically in the 1020 - WO West area. The lot boasts impressive dimensions of 100 feet by 273 feet, providing ample space for a substantial custom build, perfect for those looking to create their dream home in a thriving neighbourhood.

The existing structure is a charming detached bungalow featuring two bedrooms and one bathroom. This house for sale in Oakville offers a total of six rooms, including a well-appointed kitchen situated on the main level, and a family room that provides a welcoming space for relaxation and gatherings. While the bungalow is currently unfurnished, it presents an excellent interim use, rental potential, or a renovation option for those wishing to enhance the property while planning their future construction.

As you explore the property, you will appreciate the serene environment created by the surrounding mature trees and the presence of luxury custom homes in the vicinity. The quiet street is just minutes away from the vibrant downtown Oakville, the picturesque lakefront, and convenient access to Bronte and Oakville GO stations. The location also offers easy connectivity to the QEW, making commuting a breeze. Everyday amenities are within close reach, including Fortinos for your grocery needs, the YMCA for fitness and recreation, Westgate Park for outdoor activities, and Appleby College, which is renowned for its educational excellence.

The house for sale in Oakville at 392 Fourth Line, Oakville, is not only a fantastic opportunity for builders and investors but also for end-users who are keen on securing land in a transitioning neighbourhood that is rapidly evolving into a multi-million dollar enclave. The property falls within the boundaries of top-rated schools, including those offering French immersion programmes, making it an ideal choice for families prioritising education.

In terms of utilities, the house benefits from central air conditioning, ensuring comfort throughout the warmer months. The heating system is powered by forced air, and the property is connected to municipal water and sewer services, adding to the convenience of living in this desirable area. Although there is no central vacuum system, the property includes a detached garage with space for one vehicle, alongside a private driveway that can accommodate up to six parking spaces.

While the house does not feature a pool or a fireplace, the expansive lot provides the perfect canvas for creating a backyard oasis, where you can design your ideal outdoor living space. The absence of additional land means that the focus can remain on maximising the potential of the existing property and its prime location.

In summary, this house for sale in Oakville at 392 Fourth Line, Oakville, represents a unique opportunity for those looking to invest in a property with significant potential. Whether you are a builder seeking to create a custom home, an investor looking for rental opportunities, or a family wanting to settle in a vibrant community, this bungalow offers a multitude of possibilities. With its prime location, generous lot size, and proximity to amenities, this property is a rare find in the ever-evolving landscape of West Oakville. Don't miss your chance to explore the potential of this exceptional house for sale in Oakville.

Community 1020 - WO West in Oakville is a charming and picturesque area that offers a perfect blend of suburban tranquillity and urban convenience. Nestled amidst lush greenery and well-maintained parks, this neighbourhood boasts a variety of residential options, from modern townhouses to spacious family homes. The community is well-connected, with easy access to major roadways and public transport, making it ideal for commuters. Local amenities, including shops, cafes, and schools, are within close reach, ensuring that residents have everything they need at their fingertips. With its friendly atmosphere and a strong sense of community spirit, 1020 - WO West is an inviting place to call home.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. Within a short distance, you'll find Brookdale Public School and Pine Grove Public School, both offering elementary education with ratings of 6.9 and 7.9, respectively. Brookdale caters to grades JK to 8 in English, while Pine Grove offers a French-language program for grades 2 to 8, located just 0.5 km away. For secondary education, T. A. Blakelock High School, also within 0.8 km, provides a French curriculum for grades 9 to 12 and boasts a solid rating of 8. Additionally, Thomas A. Blakelock High School is nearby, although it currently has no rating. For those seeking a Catholic education, St. Nicholas Catholic Elementary School is 0.9 km away, while St. Thomas Aquinas Catholic Secondary School, rated 8.1, is 1.3 km from the property. St. Ignatius of Loyola Catholic Secondary School, offering a French program, is slightly further at 3.8 km. With a variety of public and Catholic schools nearby, this location offers excellent educational opportunities for children of all ages.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 728 residents, with an average household size of 2.9 individuals. The demographic profile reveals an average age of 42 years and a robust average household income of $166,000, indicating a relatively affluent community. Notably, only 6.8% of the population falls under the low-income bracket. The housing market reflects this affluence, with an average property price of $1,660,000. The community is characterized by a significant presence of families, as 59.52% of households have children, while 37.29% of residents are single. The area also boasts a diverse population, with 34.01% of residents being immigrants. Renters constitute a small segment at 11.76%, and there are no condominiums reported in the area. Educational attainment is high, with 61.67% of the population holding a college or university degree. However, a notable 49.17% of residents are not in the labor force, suggesting a potential demographic trend of retirees or individuals engaged in non-traditional work. Overall, this area presents a unique blend of affluence, family orientation, and educational achievement, making it an attractive location for potential homeowners.