2386 Sovereign Street, Oakville, ON L6L 1L8
Endless investment opportunity awaits on this 0.22-acre lot in the heart of Bronte Village. Zoned RL8-0 with mixed-use permissions under the Main Street designation of the Bronte Village Planning Report (2009), this property offers exceptional development flexibility. Permitted uses include residential, commercial, retail, office, or a thoughtfully designed mixed-use combination to maximize value in one of Oakville's most sought-after village settings.The well-maintained, charming family home currently on the property features 3 bedrooms, 2 bathrooms, a functional kitchen, spacious living room, and a finished basement, offering comfortable living or an excellent rental income opportunity while navigating the application and permitting process.Ideally located within walking distance to restaurants, shopping, Lakeshore Road, and the lake, this property combines immediate usability with long-term potential. A rare rear road allowance at the back of the property further enhances development potential and accessibility, making this a truly unique offering in the heart of Bronte Village.
Kitchen
0 x 0
Main
Living Room
0 x 0
Main
Bedroom
0 x 0
Main
Bedroom 2
0 x 0
Second
Bedroom 3
0 x 0
Lower
Recreation
0 x 0
Lower
Basement
Finished
Bathrooms
1 × 4-piece
Fireplace
Yes
Family room
Yes
Kitchens
1
Rooms (above / below grade)
3 above, 0 below
Architectural style
1 1/2 Storey
Construction materials
Aluminum Siding
Foundation
Concrete, Concrete Block
Roof
Asphalt Shingle
Direction faces
South
Garage type
Detached
Garage spaces
1
Total parking spaces
4
Driveway parking
3
Parking features
Private, Private Double
Lot size
97 x 195.79 ft
Cross street
Jones St
Directions
Jones to Sovereign
Neighbourhood
1001 - BR Bronte
Heating
Forced Air — Gas
Cooling
Central Air
Water
Sewer
Sewer
List price
$1,499,900
Original list price
Annual taxes
$5,097
Tax year
2026
Legal description
PCL 161-2, SEC M7 ; LT 161, PL M7 , S/T LT 159, PLAN M7 TO MAINTAIN THE EXISTING DRAIN WHICH RUNS IN A SOUTHWESTERLY DIRECTION ACROSS THE SAID LOT 161 HEREBY CONVEYED AT A DISTANCE OF APPROXIMATELY 50 FEET SOUTHEASTERLY TO SOVEREIGN STREET ; OAKVILLE
Inclusions
Exclusions
MLS #
W13604482
Status
Active
Transaction type
For Sale
Property type
Residential Freehold
Property sub type
Detached
Days on market
List date
Possession
immediate
Occupancy
Vacant
Listing brokerage
Royal LePage Real Estate Services Ltd., Brokerage
Co-listing brokerage
ROYAL LEPAGE REAL ESTATE SERVICES LTD.
$1,899,500
Median list price
40
Active listings
New in last 30 days
Median days on market
Estimated monthly payment
$7,190
Educational estimate only — actual payment depends on your lender, credit, and insurance requirements.
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