1509 Tansley Drive, Oakville

Price: $999,000

4 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: W13442310

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.

1509 Tansley Drive - Detached photo 1 of 1 in Oakville, Ontario
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$999,000 - 1509 Tansley Drive, Oakville

Detached for Sale in Oakville

Neighbourhood: 1020 - WO West

4Beds
2Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
W13442310
Property Type
Detached
Status
active
Days on Site
21
Bedrooms
4
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Oakville
Listing Brokerage
ROYAL LEPAGE SIGNATURE REALTY
Description

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.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,125.39/mo

Includes CMHC insurance ($27,872)

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5-yr fixed avg.

Principal: $899,100Interest: $610,644
Mortgage Amount$926,972
Total Interest$610,644
Est. Property Tax$708/mo
Total Cost$1,537,616

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: 1020 - WO West

Discover 1020 - WO West

1020 - WO West is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in 1020 - WO West

  • Convenient location in Oakville
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Oakville Trafalgar High SchoolPublic High School
Iroquois Ridge High SchoolPublic High School
Holy Trinity Catholic Secondary SchoolCatholic High School
Abbey Park High SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

1020 - WO West offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

1509 Tansley Drive, Oakville

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
2.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$708
Insurance (est.)-$208
Net Cash Flow+$2,284

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Fair Market Value

At $908/sqft, this property is priced in line with current Oakville market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Market Position

At 21 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Detached Home Advantages

Detached homes in Oakville are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Oakville. Good resale value as demand remains consistent.

Oakville Premium

Oakville commands premium prices for good reasons: top-rated schools, waterfront access, charming downtown, and affluent community. Homes here hold value exceptionally well during market corrections. The trade-off is higher property taxes and home prices. If schools and lifestyle are priorities, Oakville delivers.

About 1020 - WO West

I know 1020 - WO West well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

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    1509 Tansley Drive, Oakville | $999,000 | Battaglia Team