$1,789,999

$1,849,999For salePrice drop↓ $60,000 (3%)

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388 Oakwood Avenue, Toronto (Oakwood Village) - Single Family for Sale

388 Oakwood Avenue, Toronto (Oakwood Village), Ontario, M6E2W3

4 beds4 baths2 parking1,750 ft²25 × 99 ft (2,475 sq ft) lot sizeListed 91 days ago

Overview

This 4-bedroom, 4-bathroom home in Toronto is for sale offering roughly 1,750 sq ft of space.

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Description

Located in the heart of vibrant Oakwood Village, approximately 7 km from the CN Tower, this stunning custom-designed and fully renovated home offers over 2,700 sq. ft. of beautifully finished living space. Every detail has been thoughtfully designed with premium finishes, including wide-plank oak floors, custom millwork, designer lighting, heated bathroom floors, spray foam insulation for added comfort and quiet, and a bright open-concept layout perfect for modern living. The showpiece kitchen features high-end stainless steel appliances, a built-in oven and microwave, an oversized island with seating, and flows seamlessly into the spacious living and dining areas with a custom linear fireplace. Upstairs you'll find generous bedrooms with custom closets, second-floor laundry, and beautifully finished bathrooms. What makes this home truly special is its flexibility. The home has successfully generated strong monthly revenue as a short-term rental. Whether you choose to live in the upper levels while generating income from the lower level or maximize the property's investment potential, this home offers a variety of lifestyle. With ample rear parking and just minutes to the subway, parks, cafés, restaurants, and shopping, this is a rare opportunity to own a luxury home that offers exceptional style, flexibility, and proven income potential. (id:66096)

Property Details

MLS®: C13649186
Property Type: Single Family
Bedrooms: 4
Beds (above / below): 3 above · 1 below
Bathrooms: 4
Half Baths: 1
Parking: 2
Interior Size: 1,750 ft²
Lot Size: 25 × 99 ft (2,475 sq ft)
Frontage: 25 ft
Storeys: 2
Basement: Finished, Separate entrance, N/A, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Other, No Garage
Fireplace: Yes
Ownership: Freehold

Rooms

Ground level

Living room: 4.72 x 4.72 meters
Dining room: 3.71 x 2.41 meters
Kitchen: 3.61 x 3.25 meters
Family room: 4.75 x 4.14 meters

Second level

Primary Bedroom: 6.74 x 2.77 meters
Bedroom 2: 4.72 x 2.95 meters
Bedroom 3: 2.97 x 3.02 meters

Basement

Living room: 4.05 x 4.72 meters
Bedroom: 2.47 x 3.07 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: All, Washer, Range, Oven, Dryer, Microwave, Window Coverings
Flooring: Hardwood, Laminate
Foundation: Concrete
Exterior: Steel, Stucco
Lot Features: Carpet Free

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

91d

Toronto (Oakwood Village) listings, avg age

56d

Price / ft²

$1,023

List price

$1.79M

Homes here sell faster than most markets

Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 4-bed single family in Toronto (Oakwood Village) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by HOMELIFE/MIRACLE REALTY LTD · MUNISH LUMB

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M6E)

This home lists at $1,789,999, about 21.8× the local median household income of $82,000.

Carrying it typically needs a household income of about $349,649 (20% down, 25-yr amortization, stress-tested) — roughly 326% above the area median.

Median household income: $82,000
Population: 37,684
Median age: 40.8
Owner / renter: 55% / 45%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA M6E)

$1,789,999· $1,023/ft²

For sale

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Full Cost Breakdown

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Down Payment20.00% · $357,999.80

Min 20.00%50%

Mortgage payment$7,634/mo

Property tax (est.)$589/mo

Total monthly$8,223

Cash Needed to Close

Down payment (20.00%)$358,000

Land transfer tax$64,550

Est. closing costs$7,870

Total cash needed$430,420

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388 Oakwood Avenue, Toronto (Oakwood Village) - Single Family for Sale

Description

Property Details

Rooms

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (M6E)

Book a showing

Full Cost Breakdown