2386 Sovereign Street
2386 Sovereign Street
$1,499,900
$151/sq ft · 1 days on market
About This Listing
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.
| Monthly Mortgage (P&I) | $6,535 |
| Property Tax (MLS) | $425 |
| Maintenance Fees | $0 |
| Total Monthly Cost | $6,960 |
Down payment: $299,980 (20.0%) · Mortgage: $1,199,920
Property tax uses MLS annual tax of $5,097/yr. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.
Property Details
Listing provided by Royal LePage Real Estate Services Ltd., Brokerage
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Data last updated: August 21, 2026 at 04:26 a.m.