47 Nelson Street

If you're on the lookout for a fantastic investment opportunity, look no further than this charming house for sale in Oakville , located at 47 Nelson Street, Oakville. This detached two-storey home is nestled in the tranquil and prestigious community of Bronte, just south of Lakeshore Road West. With its prime location, this property is not only a lovely residence but also a promising development opportunity, as zoning has been approved for four luxury townhome units (RM1), boasting a total buildable gross floor area of 14,736 square feet on a generous 0.24-acre lot. However, please note that building permits are not included.

As you approach the house for sale in Oakville, you’ll notice the appealing aluminium siding that gives it a modern yet classic look. The property features a spacious lot measuring 93 by 110 feet, providing ample outdoor space for various activities. Although the house does not have a pool or a fireplace, it offers a warm and inviting atmosphere with three well-appointed bedrooms and three bathrooms, making it perfect for families or those looking for extra space.

Inside, the main kitchen is ready for your culinary adventures, equipped with stainless steel appliances, including a fridge, stove, and built-in dishwasher. The layout of the house for sale in Oakville includes a total of eight rooms, ensuring plenty of room for living and entertaining. The family room is a great spot for relaxation and gatherings, while the unfinished basement presents an opportunity for you to customise and expand your living space according to your needs.

While the house is currently unfurnished, it comes with essential features that enhance its appeal. The central air conditioning will keep you cool during the warm summer months, and the forced air heating system ensures comfort throughout the colder seasons. Additionally, the property is equipped with municipal water and sewer services, making it convenient for daily living.

Parking is a breeze with a private driveway that can accommodate up to ten vehicles, along with a detached garage that provides space for two cars. This is particularly advantageous for larger families or for those who frequently entertain guests. The absence of a central vacuum system is worth noting, but the convenience of internet connectivity ensures that you can stay connected with ease.

One of the standout features of this house for sale in Oakville is its proximity to local amenities and natural beauty. Just a short stroll away, you’ll find Bronte Heritage Waterfront Park, where you can enjoy picturesque views and recreational activities. The Bronte Boathouse and Marina are also nearby, offering a delightful escape for those who appreciate the outdoors.

For investors and developers, the potential of this property is undeniable. With renderings available for review, you can envision the possibilities that await. Whether you choose to live in the upgraded, move-in-ready home currently on-site or rent it out while you plan your development, the options are plentiful.

In summary, this house for sale in Oakville at 47 Nelson Street, Oakville, presents a unique opportunity for both living and investment. With its spacious layout, prime location, and approved zoning for development, it’s a property that should not be overlooked. Whether you're looking to settle down in a beautiful community or seeking a lucrative investment, this house ticks all the boxes. Don’t miss your chance to explore this exceptional opportunity!

The 1001 - BR Bronte area in Oakville is a charming and picturesque neighbourhood that beautifully blends natural beauty with suburban convenience. Nestled along the shores of Lake Ontario, it boasts stunning waterfront views and an array of parks and green spaces, perfect for outdoor enthusiasts and families alike. The community is characterised by its tree-lined streets, well-maintained homes, and a friendly atmosphere, making it an inviting place to settle down. With easy access to local amenities, including shops, restaurants, and excellent schools, as well as proximity to major transport links, 1001 - BR Bronte offers a delightful balance of tranquillity and accessibility, ideal for those seeking a serene yet connected lifestyle.

Schools in the Neighbourhood

This property is conveniently located near several reputable schools, catering to various educational needs. The closest option is Eastview Public School, an elementary school just 0.6 km away, offering grades JK to 8 with a solid school rating of 6.8 under the Halton District School Board. Another nearby elementary choice is St. Dominic Catholic Elementary School, located 1.1 km away, which provides an English curriculum for grades JK to 8 and boasts a rating of 7.4. For older students, THOMAS A. Blakelock High School is 2.8 km away, although it currently has no rating, while T. A. Blakelock High School, also 2.8 km away, offers a French curriculum for grades 9 to 12 and has a commendable rating of 8. Additionally, Pine Grove Public School, 3.9 km away, provides a French language program for grades 2 to 8 with a rating of 7.9. Lastly, St. Thomas Aquinas Catholic Secondary School is located 4.7 km away and offers grades 9 to 12 with a rating of 8.1. This diverse array of educational institutions ensures that families have access to quality education within a short distance from the property.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a small population of 1,411 residents, characterized by an average household size of 1.6 individuals. The community is predominantly older, with an average age of 66.4 years. Economic indicators show a relatively high average household income of $97,800, although 7.7% of the population is classified as low-income. The average property price in the area stands at $992,000, reflecting a significant investment for potential buyers. The demographic makeup includes a substantial proportion of single individuals at 44.16%, with only 7.06% of households having children, indicating a mature population. Additionally, 33.78% of residents are immigrants, contributing to the area's cultural diversity. The rental market is notable, with 52.69% of residents renting their homes, and condominiums comprise 55.38% of the housing stock. Educational attainment is high, with 57.79% of the population holding a college or university degree. However, a significant portion of the community, 67.93%, is not actively participating in the labor force, which may influence local economic dynamics and housing demand. Overall, this area presents a unique blend of demographics that may appeal to specific buyer profiles.