New housing development planned for Oakville Lakefront

By: Loretta Phinney Team

New housing development planned for Oakville Lakefront

Tags: Oakville, Lakeshore, Housing Development, Luxury Homes

Housing development in Oakville has become a contentious issue. But a luxury development project south of Lakeshore road in Oakville will likely get wide support to move forward.
 
Majestic Edge Estates is proposing a subdivision of 19 new lots from 346 to 362 Lakeshore Rd. West. The property is just a few blocks west of the Dorval and Lakeshore intersection.
 
A new public road would be built to service the new lots which are planned for single detached homes – likely custom and large. Since there are only 19 proposed lots, increased traffic is unlikely to be an issue.
 
The land is currently vacant, and the previous dwellings and other buildings have been demolished.
 
A Catholic High School is located very close by which will likely attract families to the area whose children can enjoy a short commute.
 
Low-density housing is common for south Oakville – one would be naïve to expect anything else. Larger lots, with larger homes are the norm. This new housing development project will be no different and will likely attract luxury buyers from far and wide.
 
A public information meeting was hosted earlier this week by the planning department.