An exceptional development opportunity in the heart of Downtown Oakville. Situated within the coveted CBD zoning district, this prime approximately 47.16 x 104.4 ft parcel offers outstanding potential for investors, developers, and end users seeking to capitalize on one of Oakville's most prestigious and walkable neighbourhoods. CBD zoning permits a wide range of residential, commercial, and mixed-use possibilities, including apartment, semi-detached, townhouse, and live-work dwellings, as well as business offices, retail stores, restaurants, hotels, medical offices, service commercial uses, and more. Surrounded by luxury residences, boutique commercial spaces, and established mixed-use developments, the property is just steps from the Oakville Marina, Lake Ontario, acclaimed restaurants, cafés, boutique shopping, and the vibrant downtown core. This highly desirable location offers a unique blend of waterfront living, urban convenience, and timeless charm. Extensive due diligence has already been completed, including previous site plan approval and a building permit for a proposed 4-storey condominium development. A rare opportunity to secure a premier Downtown Oakville parcel with exceptional long-term development potential in one of the GTA's most sought-after luxury markets.