$799,888

For sale

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

463 Oakwood Avenue, Toronto (Oakwood Village), Ontario, M6E2W4

5 beds2 baths2 parking1,300 ft²24 × 95 ft (2,309 sq ft) lot sizeListed 17 days ago

Overview

This 5-bedroom, 2-bathroom home in Toronto is for sale offering roughly 1,300 sq ft of space. Listed at $799,888, it is attractively priced about 30% below the $1,149,000 median asking price in Toronto. It has been on the market 17 days, fresher than the Toronto average of 55 days.

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Description

Space to enjoy today...Possibilities to explore for tomorrow! Offering over 2,000 sq. ft. of total living space, this 3+ bedroom home in the heart of Oakwood Village presents an exciting opportunity to update, personalize and add even more value over time. Generous living and dining rooms offer comfortable spaces for everyday living and entertaining, while the eat-in kitchen features a walkout to the backyard. Enjoy the existing layout or reimagine the main floor with an open-concept design to suit your style. A separate side entrance offers potential for a future basement suite for extended family or rental income. The second floor may also accommodate an additional kitchen, creating further possibilities for a multi-unit layout. Parking is available for two vehicles, with space to explore additional parking. The existing garage is not currently functional, but its footprint invites possibilities, including a replacement double garage or garden suite. Whether you're looking for a family home to make your own or an investment with future potential, this property offers room to bring your vision to life. Steps to multiple bus routes, with convenient access to subway service, the Eglinton Crosstown corridor and major highways. Enjoy neighbourhood restaurants, cafés, shops, schools and places of worship in a welcoming Oakwood Village setting. (id:66096)

Property Details

MLS®: C14097958
Property Type: Single Family
Bedrooms: 5
Beds (above / below): 3 above · 2 below
Bathrooms: 2
Parking: 2
Interior Size: 1,300 ft²
Lot Size: 24 × 95 ft (2,309 sq ft)
Frontage: 24 ft
Storeys: 2
Basement: Finished, Full, Separate entrance, N/A, N/A
Heating: Natural gas
Cooling: None
Garage: Garage, Other
Fireplace: Yes
Ownership: Freehold
Property Tax: $4,941.48/yr
Listed

Rooms

Second level

Primary Bedroom: 3.8 x 3.94 meters
Bedroom: 3.25 x 4.9 meters
Bedroom: 2.69 x 4.32 meters

Main level

Kitchen: 2.54 x 4.6 meters
Living room: 3.73 x 5.03 meters
Dining room: 3.23 x 4.32 meters

Basement

Recreational, Games room: 3.4 x 4.7 meters
Bedroom: 3.42 x 3.99 meters
Bedroom: 2.89 x 4.12 meters

Features

Flooring: Hardwood
Foundation: Unknown
Exterior: Brick

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

17d

Toronto (Oakwood Village) listings, avg age

55d

Price / ft²

$615

List price

$800K

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 5-bed single family in Toronto (Oakwood Village) has been listed for 17 days, which is 38 days fresher than the city average of 55. Act while there is still low competition.

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Listed by RE/MAX ULTIMATE REALTY INC. · ELMA AMATO

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M6E)

This home lists at $799,888, about 9.8× the local median household income of $82,000.

Carrying it typically needs a household income of about $156,246 (20% down, 25-yr amortization, stress-tested) — roughly 91% 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)

$799,888· $615/ft²

For sale

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Full Cost Breakdown

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Down Payment6.87% · $54,988.80

Min 6.87%50%

Mortgage payment$4,130/mo

↳ CMHC premium ($29,796 capitalized)

Property tax (est.)$412/mo

Total monthly$4,542

Cash Needed to Close

Down payment (6.87%)$54,989

Land transfer tax$24,946

Est. closing costs$4,900

Total cash needed$84,834

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