Prime Redevelopment Opportunity in the Heart of Old Oakville! This 61' x 147' lot, located in the highly desirable Old Oakville neighborhood, offers an exceptional opportunity for builders and investors. Surrounded by luxury custom homes and high-end redevelopment projects, this property is perfect for creating your dream home or a new masterpiece that fits the area's evolving landscape. Zoned RL3-0 by the Town of Oakville, the lot allows for 35% lot coverage, providing ample space to design and build to your exact specifications. Whether you're looking to create a contemporary showpiece or a timeless classic, this prime location offers limitless potential. Situated within walking distance to Lake Ontario, the Oakville Community Centre, top-rated schools, and the charming shops and restaurants of downtown Oakville, this property ensures a lifestyle of both convenience and prestige. Easy access to the GO Train and major highways makes commuting effortless. The property's large, mature trees offer both privacy and a tranquil backdrop, while the existing split-level home provides an option to either enjoy as-is or reimagine entirely. Become part of Old Oakville's exciting redevelopment journey, a neighbourhood on the rise and increasingly in demand. Build now, invest for the future your vision starts here!