$3,500,000Asking Price
142 Balsam Dr
Old Oakville, Oakville
This exceptional property, located on one of the most sought-after streets in Old Oakville, presents a unique opportunity to create the home of your dreams. Balsam Drive is renowned for its stunning tree-lined vistas, prestigious estate homes, and generous lot sizes, making it one of Oakville's most desirable addresses. Set on a sprawling 15,650 sqft lot with an impressive 100.21-foot frontage and 153.11-foot depth, this property offers ultimate privacy with perimeter trees that do not interfere with potential building plans. Its coveted RL1-0 zoning allows for the construction of a grand estate, providing ample space for luxurious living areas, outdoor entertaining spaces, and lush gardens. While you plan your dream build, the existing home is move-in ready, offering comfortable living or rental potential. This flexibility ensures you can enjoy the property immediately while crafting your future vision. Located within walking distance of Downtown Oakville and the shores of Lake Ontario, this property epitomizes convenience and lifestyle. Enjoy a short stroll to world-class restaurants, boutique shopping, and the picturesque lakefront, all within 10 minutes. Families will also benefit from being minutes away from Oakville's top-rated private schools, such as St. Mildred's-Lightbourn, MacLachlan College, and Linbrook School, and just steps away from New Central Public School. With endless possibilities, this property offers incredible potential for a custom-designed estate with stunning architecture, making full use of this extraordinary lot.
This exceptional property, located on one of the most sought-after streets in Old Oakville, presents a unique opportunity to create the home of your dreams. Balsam Drive is renowned for its stunning tree-lined vistas, prestigious estate homes, and generous lot sizes, making it one of Oakville's most desirable addresses. Set on a sprawling 15,650 sqft lot with an impressive 100.21-foot frontage and 153.11-foot depth, this property offers ultimate privacy with perimeter trees that do not interfere with potential building plans. Its coveted RL1-0 zoning allows for the construction of a grand estate, providing ample space for luxurious living areas, outdoor entertaining spaces, and lush gardens. While you plan your dream build, the existing home is move-in ready, offering comfortable living or rental potential. This flexibility ensures you can enjoy the property immediately while crafting your future vision. Located within walking distance of Downtown Oakville and the shores of Lake Ontario, this property epitomizes convenience and lifestyle. Enjoy a short stroll to world-class restaurants, boutique shopping, and the picturesque lakefront, all within 10 minutes. Families will also benefit from being minutes away from Oakville's top-rated private schools, such as St. Mildred's-Lightbourn, MacLachlan College, and Linbrook School, and just steps away from New Central Public School. With endless possibilities, this property offers incredible potential for a custom-designed estate with stunning architecture, making full use of this extraordinary lot.
See MoreKey Info
- 2-Storey Detached
- 4-Car Private Driveway
- 2-Car Attached Garage
- Lakeshore Road E & Balsam Drive
- 2000-2500 Approximate Sq Feet
- 51-99 Years Approximate Age
- Basement: Full, Partially Finished
- 1 Kitchen
- Forced Air Gas Heating
- Central Air
Property
- Lot Size 100.21 x 153.11 Feet
- Brick Exterior
- Taxes were $12,008 in 2024
- Possession: Flexible
Details
- Fireplace
- No Family Room
- Lower Laundry
- Sewers
- Municipal Water
- MLS #W11945258
- Re/Max Hallmark Alliance Realty
Extras
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 | Foyer | Main | 7.91' x 7.51' | |
| 2 | Living Room | Main | 17.65' x 16.93' | Fireplace |
| 3 | Kitchen | Main | 20.18' x 9.32' | Eat-In Kitchen, Walkout To Sunroom |
| 4 | Dining Room | Main | 19.75' x 11.15' | Gas Fireplace |
| 5 | Primary Bedroom | Main | 14.01' x 11.32' | O/Looks Backyard |
| 6 | 2nd Bedroom | Main | 12.34' x 10.50' | |
| 7 | 3rd Bedroom | Main | 12.34' x 8.07' | |
| 8 | 4th Bedroom | 2nd | 15.68' x 11.84' | |
| 9 | Office | 2nd | 13.85' x 9.91' | |
| 10 | Laundry | Lower | 13.68' x 11.15' | |
 | 1 4-Piece Bathroom on Main Floor | |||
| 1 3-Piece Bathroom on 2nd Floor | |||
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Who lives here?
Old Oakville, Oakville is a west GTA neighbourhood notable for its singles, renters and salespeople. It has a higher than average population of immigrants from the UK. Residents tend to be older with a significant number of adults aged 25 to 34, 25 to 34 and 25 to 34 and seniors aged 65 to 79.
Families
Kids Per Family
1.0
kids per family
in the neighbourhood.
Gta ({{ '1.29999995231628' | number: 1 }})
Singles
47%
of residents are
single and loving it.
47% singles
Oakville (40%)Gta ({{ '44.8800010681152' | number: 0 }}%)
Renters
47%
of residents
are renters.
47% renters
Oakville (19%)Gta ({{ '33.0200004577637' | number: 0 }}%)
Education
51%
of residents are
university grads.
51% university grads
Oakville (56%)Gta ({{ '43.6699981689453' | number: 0 }}%)
Income
Average Household Income
$262K
is the average household
income in the neighbourhood.
Gta ({{ '135056.828125' | minifiedCurrency }})
Professions
Professions
| Sales | 14% |
| Business | 10% |
| Management | 10% |
| Government | 7% |
| Trades | 4% |
Immigrants
35%
of residents were
born outside of Canada.
35% immigrants
Oakville (37%)Gta ({{ '45.4300003051758' | number: 0 }}%)
Birthplace - All
5.7% from UK
All-time
Birthplace - Recent
1.5% from Philippines
Recent
Foreign Languages
Foreign Languages
| Portuguese | 2% |
| Mandarin | 2% |
| Tagalog | 2% |
| French | 2% |
| Arabic | 2% |
Religions
Religions
| Christian | 67% |
| Muslim | 3% |
| Hindu | 2% |
| Jewish | 1% |
