2386 SOVEREIGN STREET

About this property

**Rare Development & Investment Opportunity in the Heart of Bronte Village!** Unlock the potential of this exceptional 0.22-acre property ideally positioned in one of Oakville's most desirable and walkable communities. Zoned RL8-0 with mixed-use permissions under the Main Street designation of the Bronte Village Planning Report (2009), this property presents an exciting opportunity for investors, developers, and visionaries looking to maximize value in a coveted village setting.With permitted uses including residential, commercial, retail, office, or a thoughtfully designed mixed-use concept, the possibilities are substantial. Whether you envision future redevelopment, a mixed-use project, or a strategic long-term hold, this property offers the flexibility to pursue multiple avenues for growth.In the meantime, the well-maintained existing home provides immediate functionality and income potential. The charming three-bedroom, two-bathroom residence features a functional kitchen, spacious living room, and finished basement-ideal for comfortable occupancy or rental income while exploring future plans, applications, and approvals.Location adds another layer of value. Enjoy the exceptional convenience of being within walking distance to Bronte's renowned restaurants, shopping, Lakeshore Road, waterfront, marina, and Lake Ontario. The rare rear road allowance at the back of the property further enhances accessibility and future development possibilities.**Opportunities of this scale and flexibility in the heart of Bronte Village are exceptionally rare.** Secure the property today and unlock its immediate usability, income potential, and exciting long-term redevelopment possibilities. (id:66779)