538 Fourth Line, Oakville, ON L6L 5A8
Oakville
Rare & Prestigious South Oakville Opportunity! Experience unmatched potential with this premium 16,415 sq ft western-exposure lot (273 ft deep) in a highly coveted neighborhood. Rare RL3 zoning permits building a 3-storey custom estate up to 12m high and over 17,000 sq ft-one of the last remaining oversized lots surrounded by newly built multi-million dollar mansions. The existing 5-bed, 3-bath raised bungalow has been meticulously stripped to the studs and transformed with master craftsmanship. Features a gourmet lacquer kitchen w/ quartz counters, porcelain finishes, & walk-out to a covered 16'4"x12'6" deck. Enjoy hardwood floors, crown molding, wainscoting, California shutters, & 2 electric fireplaces. The bright, above-grade lower level boasts a separate entrance, 2 bedrooms, rec room w/ wet bar & fireplace-ideal for in-laws or income. Complete with a new Lennox furnace, 200 Amp service, new windows/doors, and a detached tandem garage with a double turnaround driveway. Steps to Lake Ontario, marinas, GO Station, and Downtown Oakville. Top-tier school district: Ecole Pinegrove, St. Marys, St. Thomas Aquinas, and steps to Appleby College. LIVE IN, RENT, BUILD YOUR DREAM HOUSE!!!
Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.
Walkability, transit, and bike-friendliness for 538 Fourth Line, Oakville, ON L6L 5A8
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MLS# W13563852
Listed by BAY STREET GROUP INC.
On market since Jul 14, 2026
What comparable homes actually sold for in the last 12 months.
538 Fourth Line, Oakville, ON L6L 5A8 is listed for $1,450,000 CAD.
538 Fourth Line, Oakville, ON L6L 5A8 has 5 bedrooms and 3 bathrooms.
538 Fourth Line, Oakville, ON L6L 5A8 is a Detached.
538 Fourth Line, Oakville, ON L6L 5A8 is in Oakville, Ontario.
538 Fourth Line, Oakville, ON L6L 5A8 is currently for sale.
Contact Michael Mezheritsky at +1 (416) 716-4439 to arrange a private showing of 538 Fourth Line, Oakville, ON L6L 5A8 (MLS# W13563852). You can also send a message through the contact form on this site.
