Prime Development Midtown Oakville

For Sale

177-187 Cross Avenue & 580 Argus, Oakville, ON L6J 2

This Oakville property for sale is located at 177-187 Cross Avenue & 580 Argus. The current listed sale price for Prime Development Midtown Oakville is $67,000,000. Prime Development Midtown Oakville is situated on a lot that is 2.5 acre in size.

Contacts

broker
Jacob Vanderbreggen

Royal LePage® Real Estate Services Ltd.

Property Details

  • Property Type VacantLand
  • Lot Size 2.5 Acre
  • Date Updated May 12, 2025
This exceptional site is ideally located across from the Oakville GO Station, Ontario’s second busiest transit hub, offering unparalleled connectivity for residents and commuters alike. Situated in the Oakville Midtown Growth Area, this property benefits from the region’s ongoing revitalization and urban intensification efforts. The site is designated as a transit-oriented community, placing it at the heart of one of the Greater Toronto Area's most desirable growth corridors. With direct access to both regional and local transit, the location ensures convenience and accessibility for residents, making it an ideal choice for high-density, mixed-use development. Oakville is renowned for its strong community, proximity to Lake Ontario, and thriving local amenities, positioning this site as a prime opportunity to meet the increasing demand for sustainable urban living in a vibrant, well-connected environment.Positioned directly across from the Oakville GO Station, this high-impact development site offers unmatched potential. Currently operating as a commercial retail plaza with strong holding income, the property provides immediate cash flow and flexibility during the rezoning and planning process. Designated a transit-oriented community within the Oakville Midtown Growth Area, the site is ideally situated for sustainable, high-density development. The proposed vision includes three landmark towers rising 50, 55, and 50 storeys, delivering approximately 1,895 residential units along with at-grade commercial space. With a total gross floor area of 1,430,840 SF, this opportunity combines scale, location, and future potential — a rare chance to shape Oakville’s skyline and meet growing demand for urban, transit-connected living.
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Highlights

  • Current Approvals: A three-tower (20, 12 and 12 storeys), mixed use condominium consisting of 3,045 square metres retail commercial space and 552 residential units
  • Current Use: Commercial retail plaza generating strong holding income
  • Designated a transit-oriented community within the Oakville Midtown Growth Area
  • Rare opportunity to deliver a high-density, transit-connected development in a premier GTA location
  • Rezoning Potential: 1,430,840 SF proposed Gross Floor Area with potential for ~1,895 residential units across three towers (50, 55, and 50 Storeys)

Getting around

  • 74/100

    Walk Score ®

  • 66/100

    Transit Score ®

  • 55/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Oakville, ON
  • Neighborhood Queen Elizabeth
  • Postal Code L6J 2

Points of Interest

  • Clarkson

    4.61 miles

  • Appleby

    6.59 miles

  • Erindale

    7.69 miles

  • Streetsville

    8.38 miles

  • Port Credit

    8.45 miles

  • Cooksville

    9.27 miles

  • Esso

    0.16 miles

  • Petro-Canada

    0.57 miles

  • Canadian Tire

    0.77 miles

  • Husky

    1.85 miles

  • First Capitol

    3.12 miles

  • FLO

    6.95 miles

  • Oakville GO Parking Structure

    0.17 miles

  • Church parking

    0.44 miles

  • Library Parking Lot

    1.10 miles

  • Lot 1a

    1.11 miles

  • Lot 7

    1.18 miles

  • Townhouse Parking

    1.19 miles

  • Lot 1

    1.20 miles

  • Parallel Parking Spots

    1.23 miles

  • Saint Andrew's Catholic Church parking

    1.23 miles

  • Lot 5

    1.24 miles

  • Holiday Inn

    0.13 miles

  • Monte Carlo Inn

    0.43 miles

  • Hilton Garden Inn

    3.34 miles

  • Homewood Suites by Hilton

    3.93 miles

  • Staybridge Suites

    4.20 miles

  • Quality Inn

    4.36 miles

  • Admiral Inn

    4.86 miles

  • Holiday Inn Toronto/Mississauga

    4.94 miles

  • Hampton Inn

    5.01 miles

  • Clarkson Village Motel

    5.11 miles

  • Whole Foods Market

    0.26 miles

  • Hudson's Bay

    0.33 miles

  • Oakville Place

    0.37 miles

  • Organic Garage

    0.56 miles

  • Longo's

    0.60 miles

  • Food Basics

    0.72 miles

  • Canadian Tire

    0.87 miles

  • Winners

    0.96 miles

  • Bulk Barn

    0.99 miles

  • Olives en Folie

    1.08 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Jacob Vanderbreggen

Royal LePage® Real Estate Services Ltd.

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