Exceptional opportunity in the heart of West Oakville, situated on a quiet, tree-lined street with no sidewalks and surrounded by mature trees and multi-million-dollar custom homes. Set on an impressive 75 x 272 ft lot-approximately 20,505 sq. ft.-this 3+1 bedroom brick bungalow offers comfortable single-level living, outstanding outdoor space, and exceptional redevelopment potential. The fully fenced backyard features an inground pool and spacious deck, ideal for entertaining. The carpet-free main level includes a hardwood living room with gas fireplace, granite kitchen with skylight, and dining and family rooms with walkouts to the deck. The primary bedroom offers a walk-in closet and 4-piece ensuite, complemented by two additional bedrooms and a 2-piece bath. The finished lower level provides a fourth bedroom, recreation room, 3-piece bath, and separate laundry. Additional features include an attached garage, parking for five vehicles, forced-air gas heating, and central air. Approximately $125K has already been invested in consultants, architectural and engineering services, permit approvals, and a complete interior design package. The property includes permit ready to submit for a custom luxury residence, saving the purchaser considerable time, cost, and effort. RL2 SP:1 zoning offers potential for a residence of up to approximately 10,000 sq. ft. above grade and a maximum permitted height of 12 metres or 3 storeys, subject to applicable zoning and municipal requirements. The existing home offers immediate use or potential rental income while future plans are finalized. Minutes from Lake Ontario, Appleby College, Downtown Oakville, Bronte Harbour, top-ranked schools, highways, and GO Transit. A rare opportunity to move in, invest, or build in one of South Oakville's premier neighbourhoods. Book your showing today!