$1/mo - 3131 Old Bronte Road, Oakville
Land for Rent in Oakville
436 days on marketNeighbourhood: 1012 - NW Northwest
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- MLS Number
- W12311756
- Property Type
- Land
- Status
- active
- Days on Site
- 436
- Bedrooms
- 0
- Bathrooms
- 0
- Square Feet
- 1 sqft
- Neighbourhood
- Oakville
- Lot Size
- 1 sqft
- Taxes (2025)
- $5,892
- Listing Brokerage
- RE/MAX REALTY SPECIALISTS INC.
Strategic Growth Area: Approved OPA 73 on 10/20/2025":On lands designated High Density Residential:a) Located north of William Halton Parkway, east of Bronte Road, or Old Bronte Road: The residential density shall be between 100 & 300 units per site hectare. Minimum height shall be 4 storeys.The maximum building height shall be 8 storeys, except on corner sites it shall be 16 storeys. Multiple-attached dwellings may only be permitted in conjunction with a development that includes an apartment building" . Exceptional High-Density Residential Development Opportunity in Oakville's Palermo Village Growth Node! Strategically positioned on the NE corner of William Halton Parkway and Old Bronte Road, this 1.012-acre flat lot sits within the heart of Palermo Village North Urban Core - a designated growth area in Livable Oakville Official Plan***Key Highlights: *** Located just west of the new Oakville Hospital , Medical Village and new Halton Courthouse*** Nature: Glenorchy Forest & numerous sports fields to the east***Zoned for High-Density Residential: Floor Space Index (FSI) of 4.0+ as per OPA73.. Proposed Density: 100-300 units per site hectare under OPA 73, supporting transit-oriented intensification***Prime Location: Just north east of the approved community center, library, and regional transit terminal - a future urban hub for the northwest Oakville community***Connectivity: Trail systems linking to Glenorchy Conservation Area and the Trans-Oakville Pathway, with nearby access 2 Highway 407***Transit: GO Bus Station & dedicated Go Bus lanes have been approved for SE corner of Hwy 407 & Bronte Rd., Inter regional rapid transit terminal approved for north of Dundas & west of Bronte Rd***Unmatched Views: Future towers will enjoy panoramic vistas of Lake Ontario, Bronte Provincial Park***This is a rare opportunity in a fast-developing growth area anchored by regional transit infrastructure, civic facilities. Several adjacent 1-acre+ lots might be available.
Discover 1012 - NW Northwest
1012 - NW Northwest 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 1012 - NW Northwest
- •Convenient location in Oakville
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
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
1012 - NW Northwest 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.
3131 Old Bronte Road, Oakville
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Key factors for evaluating this land parcel
Land Due Diligence Checklist
· Confirm zoning designation and all permitted uses
· Verify servicing (water, sewer, hydro) at lot line
· Order a Phase 1 Environmental Site Assessment
· Obtain an up-to-date survey (boundaries, easements)
· Review development charges and levies with the municipality
· Consult a land use planner on development feasibility
Commercial Financing Note
Land financing typically requires 35–50% down with specialized lenders. Carrying costs (taxes, interest) accumulate during any approval or development process — factor these into your feasibility.
Commercial and land transactions are significantly more complex than residential. Joe recommends assembling a team — commercial real estate lawyer, accountant, and (for land) a land use planner — before making an offer.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Zoning & Permitted Use
Before anything else, I'd confirm the current zoning designation and what's permitted on this land. Zoning dictates everything: residential subdivision, commercial development, agricultural use, or mixed. The Oakville planning department can also tell you what, if any, Official Plan amendments are in progress that could affect the permitted uses.
Extended Time on Market — Potential Leverage
At 436 days, this land has been sitting. That's actually common for vacant land — buyers are fewer and diligence takes time. But if it's been listed much longer than comparable parcels, there may be a zoning, servicing, or environmental issue the seller hasn't disclosed. I'd want to understand why it hasn't sold.
Servicing & Infrastructure
A key question for any land purchase: is it serviced (municipal water, sewer, gas, hydro at the lot line) or unserviced? Bringing services to an unserviced parcel can cost $50,000–$500,000+ depending on proximity and Oakville's development charges. This can make or break a project's feasibility.
Environmental & Survey
I always recommend a Phase 1 Environmental Site Assessment for land purchases — it checks for historical contamination from prior uses. If the Phase 1 flags anything, a Phase 2 (soil sampling) follows. Also budget for an up-to-date survey, which confirms boundaries, easements, and encroachments.
Development Approval Timeline
If you're buying with development in mind, factor in the approval timeline. Minor variance: 3–6 months. Site plan approval: 6–18 months. Official Plan amendment or rezoning: 1–3+ years. These timelines directly affect your carrying costs — property taxes and financing accumulate the entire time. Having an experienced planner and real estate lawyer on your team from day one matters.
Let's Walk Through It Together
Evaluating land requires a different lens than buying a home. I'll walk the site with you, help you ask the right questions of the listing agent, and connect you with the right professionals — planners, environmental consultants, commercial lawyers — to make sure you know exactly what you're buying before you commit.