Every Morrison guide on the internet says the same three things. Estate lots. Century canopy. Build your dream home. That summary was accurate for a decade, and it is the reason buyers anchor to a teardown thesis the moment they see a 1960s bungalow on a 100-foot frontage south of Cornwall. In the spring of 2026, that thesis is doing more work than the math supports.
The friction is not in the listing photos. It is in the permit office. Oakville's Private Tree Protection Procedure was rewritten in March 2024, and the change has quietly re-rated which Morrison lots are actually buildable in the way buyers imagine, which ones are only partially buildable, and which ones now carry a redevelopment discount the sold record has begun to reflect.
One MLS Label, Three Different Products
The 1011-MO Morrison code on the local board covers a market most buyers read as a single price point. As of June 6, 2026, Morrison carried 78 active listings with a median list price of $3,998,944 and an average of roughly $844 per square foot, sitting on the market an average of 48 days. Set that against Halton's broader picture:
