Under the terms of a redevelopment plan approved by town council in 2013, the historic section of the vacant school is to be converted into four to nine residential units.
The seven lots along Douglas are to be developed as detached homes.
Sale conditions will require a developer to complete a certain threshold of construction on the school building before the sale of the seven lots.
The town will maintain ownership of a parkette on the south end of the property, with the existing playground equipment moved this fall.
Read the Oakville News article here