

1509 Tansley Drive
1020 - WO West, Oakville
$999,000
Exceptional builder's lot opportunity in a sought-after Oakville neighbourhood. Set on a generous 65 x 126 ft lot, 1509 Tansley Drive offers a rare chance to design and build a custom home in an established residential setting surrounded by quality homes and ongoing reinvestment.The existing older home is being sold primarily for land value, with the property offering a clean, usable building site. The lot is free of significant trees, helping simplify the planning process, and city plumbing services have been updated, adding further value for future development.With approximately 8,190 sq. ft. of land, this is an ideal opportunity for builders, investors, or end users looking to create a custom residence in one of Oakville's desirable family-friendly pockets, close to schools, parks, shopping, transit, and major routes.Buyer to conduct their own due diligence with the Town of Oakville regarding zoning, permitted gross floor area, setbacks, lot coverage, height, permits, and development potential.
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $5,267 |
| Lot Size | 65 ft x 126 ft |
| mls© Number | W13442310 |
| Listed By | ROYAL LEPAGE SIGNATURE REALTY |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $5,113
- Property tax
- $439
- Heat allowance
- $150
- Housing costs
- $5,702 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$175,000
gross annual household income
- Payment at 4%
- $4,204 / mo
- Cash down
- $199,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
Values and trends
0.41
Balanced market
39days
+6 days vs the same month last year
$1,898,817
+7.1% vs a year ago
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Comparable sales
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