Situated on one of Oakvilles most coveted and iconic streets, 142 Balsam Drive presents a truly exceptional opportunity. This premium 100 x 152 lot is surrounded by a mature tree canopy that offers both stunning visual appeal and a natural sense of privacy from neighboring properties. Lovingly maintained by the same family since 1950, the existing 1.5 storey home offers timeless charm and endless potential. With 4 bedrooms and 2 bathrooms, the layout includes a main-floor principal bedroom and a full 4-piece bathroom, providing convenient single-level living. Whether you're looking to renovate and personalize the existing home or build your dream custom estate, this property is a rare blank canvas. With RL1-0 zoning, and no significant tree constraints, making this an ideal lot for new construction in a prestigious location. Just a short stroll to the heart of Downtown Oakville, you'll enjoy close proximity to the area's finest dining, boutique shopping, charming cafés, and the scenic waterfront trails of Lake Ontario. Families will appreciate the proximity to some of Oakvilles top-rated schools, including St. Mildreds-Lightbourn School, Linbrook School, MacLachlan College, and New Central Public School. This is more than just a property its an address that carries prestige and potential. Start planning your vision today and come explore this incredible offering on one of Oakvilles most distinguished streets. (id:52316)