240 Weighton Drive, Oakville, ON
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Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of 1020 - WO West. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,235,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 5 Bedrooms and 3 Bathrooms
- Generous living space spanning 700-1100 sqft on a premium 60.1 x 142.29 ft lot
- Features a separate entrance, finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.5 total parking spaces available with a convenient detached configuration
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
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. Potential rent the whole house for $3,400/month based upon actual rent received earlier. Property 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, 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 & scenic waterfront parks. 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. Includes an existing DESP permit and architectural drawings approved by the City of Oakville. Revalidation of the DESP and re-approval of the architectural drawings will expedite the near-complete demolition and building permit process with much reduced timelines.
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Pricing & Value Insights
Data-driven valuation for 240 Weighton Drive, Oakville, ON L6K 2R1
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Oakville, ON
For a property listed at $1,235,000 in Oakville, the legal minimum down payment is $247,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $21,175 for this transaction. As this listing is in Oakville (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $21,175.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
