Exceptional opportunity in the highly sought-after College Park community of Oakville! Welcome to 127 Mayfield Drive, a well-maintained, move-in-ready bungalow offering 4 spacious bedrooms, 2 full washrooms, a bright living room with fireplace, a generous dining area, and an expansive kitchen-perfect for families, investors, or builders alike. The home has just become vacant and was previously generating $4,200 per month in rental income, making it an excellent investment opportunity with immediate income potential if leased again.Situated on a premium lot, the property features parking for up to 8 vehicles, including a 6-car driveway and a 2-car attached garage. The backyard offers a full-size 16 ft x 32 ft in-ground swimming pool, creating a fantastic outdoor entertaining space. The pool is fully in place and functional but requires routine maintenance and a new liner, presenting a great opportunity for the next owner to restore it to its full potential. For builders and developers, this property comes with approved permits to construct approximately 3,400 sq. ft. above grade (approximately 5,200 sq. ft. including the basement), allowing you to build a spectacular luxury custom home in a neighbourhood surrounded by newly built multi-million-dollar residences. Ideally located just 7 minutes from Lakeshore Road, 2 minutes from the golf course, and 5 minutes from Downtown Oakville, with easy access to top-rated schools, parks, shopping, restaurants, transit, and all major amenities.Whether you're looking for a move-in-ready home, a strong investment property, or the perfect lot to build your dream custom residence, 127 Mayfield Drive presents a rare opportunity in one of Oakville's fastest-transforming luxury neighbourhoods.
Under Contract:
Hot Water Heater
Property Type:
Residential Freehold
Property Sub Type:
Detached
Home Style:
Bungalow
Approx. Age:
31-50
Total Approx Floor Area:
1500-2000
Lot Size:
<.50
Lot Depth:
131'39.9 m
Lot Frontage:
60'18.3 m
Lot Shape:
Rectangular
Direction Faces:
North
Bedrooms:
4
Bathrooms:
2.0
Water supply:
Municipal
Kitchens:
1
Bedrooms Above Grade:
4
Kitchens Above Grade:
1
Rooms Above Grade:
7
Fractional Ownership:
No
Zoning:
RL3-0
Assignment:
No
Heating type:
Forced Air
Heating Fuel:
Gas
Foundation:
Concrete
Roof:
Asphalt Shingle
Basement:
Partially Finished, Walk-Up
Fireplace/Stove:
Yes
Garage:
Attached
Garage Spaces:
2.0
Parking Features:
Private
Parking Spaces:
2
Total Parking Spaces:
4.0
Family Room:
Yes
Pool:
Inground
Link:
No
HST Applicable To Sale Price:
Included In
Assessment Year:
2025
Taxes:
$5,901 /
2025
Assessment:
$- /
2025
Halton
Oakville
1003 - CP College Park
Other
Furnace is Owned, Hot Water Tank is rented, A/C is owned
Data was last updated October 22, 2026 at 09:15 PM (UTC)
Area Statistics
Listings on market:
23
Avg list price:
$1,288,888
Min list price:
$899,700
Max list price:
$3,649,999
Avg days on market:
28
Min days on market:
1
Max days on market:
126
These statistics are generated based on the current listing's property type
and located in
1003 - CP College Park. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.