Welcome to 398 Tennyson Drive in Oakville, an exceptional opportunity to secure a premium property in one of the town's most prestigious and established neighbourhoods, surrounded by impressive multi-million-dollar custom homes. Set on a generous 67-foot-wide lot, this property offers outstanding potential for homeowners, builders, or investors looking to design and build a remarkable custom residence in a highly sought-after location.The property is permit-ready, with architectural drawings available for a stunning custom home offering approximately 3,440 sq.ft. above grade and about 5,075 sq.ft. of total living space including the basement. This provides a valuable advantage for buyers who want to move forward with redevelopment without the lengthy planning process typically required.Currently on the lot is an older brick bungalow of approximately 1,500 sq.ft., featuring three bedrooms, two bathrooms, a bright living room with a bay window, and a kitchen with walk-out access to the backyard. The basement is unfinished, offering additional flexibility. The home can be lived in, rented, or held while planning your new build.Another key advantage is the ability to begin construction quickly. Once the buyer applies for utility disconnection, building can typically commence within about 15 days, allowing developers or end users to move forward with minimal delay.Ideally located near top-rated schools, parks, scenic trails, shopping, and major highways, the property is also just minutes from Bronte Heritage Waterfront Park and Coronation Park, offering easy access to Oakville's beautiful waterfront lifestyle.Architectural drawings and floor plans are available for serious inquiries, and the seller's building permit remains valid for two years-making this an outstanding opportunity to build a luxury home in a prime Oakville neighbourhood.
Property Type:
Residential Freehold
Property Sub Type:
Detached
Home Style:
2-Storey
Total Approx Floor Area:
700-1100
Lot Depth:
115'8"35.3 m
Lot Frontage:
67'8"20.6 m
Direction Faces:
South
Bedrooms:
3
Bathrooms:
2.0
Water supply:
Municipal
Kitchens:
1
Bedrooms Above Grade:
3
Kitchens Above Grade:
1
Rooms Above Grade:
5
Heating type:
Other
Heating Fuel:
Other
Foundation:
Unknown
Roof:
Asphalt Shingle
Basement:
Finished
Fireplace Features:
Rec Room
Fireplace/Stove:
Yes
Garage:
Attached
Garage Spaces:
1.0
Parking Features:
Private Double
Parking Spaces:
4
Total Parking Spaces:
5.0
Family Room:
No
Possession Details:
TBD
Pool:
None
Link:
No
HST Applicable To Sale Price:
Included In
Taxes:
$5,750.61 /
2025
Assessment:
$- /
-
Halton
Oakville
1020 - WO West
Water Heater
Deck
Hot Water Tank/Heater
Existing Light Fixtures & Ceiling Fans, Refrigerator & Stove, B/I Dishwasher, Washer & Dryer (All Chattels & Fixtures in As Is Condition)
Data was last updated March 12, 2026 at 12:15 AM (UTC)
Area Statistics
Listings on market:
74
Avg list price:
$1,847,500
Min list price:
$999,000
Max list price:
$5,200,000
Avg days on market:
27
Min days on market:
1
Max days on market:
539
These statistics are generated based on the current listing's property type
and located in
1020 - WO West. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.