Rare offering of a lush, private 102' x 296' lot (approx 0.7 acre) on coveted street in SE Oakville, close to downtown shops & restaurants. Build or enjoy as is! Long, meandering drive leads to existing family home of approx. 3,140 sq ft. Featuring 5 bedrooms and 4 bathrooms. The home is in good condition and could be lived in or rented out for the time being. Surrounded by mature trees on all sides, this lot is very private! With RL1-0 zoning, this lot allows for a build of over 8,600 square feet above grade. The 102' wide frontage allows for a stunning elevation and interesting design not achieved on narrower lots. The depth of almost three hundred feet provides ample space for you to create the ultimate backyard oasis! The attached rendering was designed by Foreshew Design Associates Inc. proposing the possibility of a detached coach house style garage beside a true estate home. Steps to one of the area's best public schools and close to the top private schools in Oakville. Being on the south end of Balsam, this home is just a few minute walk to Downtown Oakville and the Lake! A short drive to all major highways and Oakville GO. Your dream home awaits!