$1,238,000

$1,250,000For salePrice drop↓ $12,000 (1%)

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#321 40 Oaklands Avenue, Toronto (Yonge-St. Clair) - Single Family for Sale

#321 40 Oaklands Avenue, Toronto (Yonge-St. Clair), Ontario, M4V2Z3

2 beds3 baths1 parking1,700 ft²$2,551/mo condo feeListed 44 days ago

Overview

This 2-bedroom, 3-bathroom condo in Toronto is for sale offering roughly 1,700 sq ft of space.

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Description

Looking to Transform an Expansive and Well-Maintained Residence into your Dream Home? This Wonderful 1697sqft East-Facing 2-Storey Town Home Style Abode Offers a Spectacular Opportunity to Update to your Heart's Content! Designed by DuBois Plumb & Associates and Recipient of the Governors General Award for Architecture, The Oaklands, a Low-Key Luxury Building, Conveniently located just off Avenue Rd between Davenport and St. Clair in the Cottingham School District. The Elegant Layout features a Sprawling, Open Concept Living Room with Fireplace, Large East-Facing Windows Overlooking Front Gardens, Open Concept Dining Room Leading to the Large Outdoor Patio. Two Generous Bedrooms with Large Closets and Terraces. Primary Retreat Offers 4pc Bathroom with Soaker Tub and Separate Shower, Ample Closet Space. Large Laundry/Utility Room Provides Extra Storage and 200 AMP electric panel. Upgraded Parking Space with EV Charging. This Gem of a Building Welcomes Residents with a Wonderful Management, Concierge and Superintendent Team, Lush Landscaping, Light-Filled Atrium, Conveniences of a Car Wash, Visitor Parking and fees which include Water, Building Insurance, Common Elements, Rogers Cable and Internet. Hydro is Separately Metered. Lovely Neighbourhood with Great Parks, Restaurants, Shops and Summerhill subway station just moments away! Great Opportunity to Bring your Vision to Life and Create your Dream Home! More: Theoaklands.ca (id:66096)

Property Details

MLS®: C13810582
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 3
Half Baths: 1
Parking: 1
Interior Size: 1,700 ft²
Storeys: 2
Basement: None
Heating: Baseboard heaters, Forced air, Electric
Cooling: Central air conditioning
Garage: Garage, Underground
Fireplace: Yes
Condo Fee: $2,551/mo
Fee Includes: Common Area Maintenance, Cable TV, Water, Insurance, Parking
Ownership: Condo/Strata

Rooms

Upper Level

Living room: 6.48 x 3.68 meters
Dining room: 4.78 x 2.72 meters
Kitchen: 3.38 x 2.82 meters
Bathroom: 1.75 x 1.6 meters
Other: 3.3 x 2.57 meters

Lower level

Bathroom: 3.15 x 3.1 meters
Bedroom: 5.52 x 3.69 meters
Bedroom 2: 5.51 x 2.62 meters
Utility room: 4.98 x 3.2 meters
Bathroom: 2.46 x 2.01 meters

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

Features

Appliances: Washer, Refrigerator, Central Vacuum, Dishwasher, Stove, Dryer, Hood Fan, Window Coverings
Flooring: Hardwood
Exterior: Concrete
Lot Features: Elevator, Balcony, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

44d

Toronto (Yonge-St. Clair) listings, avg age

46d

Price / ft²

$728

List price

$1.24M

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 2-bed single family in Toronto (Yonge-St. Clair) has been listed for 44 days, which is 2 days fresher than the city average of 46. Act while there is still low competition.

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Listed by KELLER WILLIAMS REFERRED URBAN REALTY · STEPHANIE WOOD

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M4V)

This home lists at $1,238,000, about 12.5× the local median household income of $99,000.

Carrying it typically needs a household income of about $241,825 (20% down, 25-yr amortization, stress-tested) — roughly 144% above the area median.

Median household income: $99,000
Population: 19,273
Median age: 45.2
Owner / renter: 44% / 56%
Avg. household size: 1.9

Source: Statistics Canada, 2021 Census (FSA M4V)

$1,238,000· $728/ft²

For sale

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Full Cost Breakdown

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Down Payment7.98% · $98,800

Min 7.98%50%

Mortgage payment$6,316/mo

↳ CMHC premium ($45,568 capitalized)

Property tax (est.)$531/mo

Condo fee$2,551/mo

Total monthly$9,398

Cash Needed to Close

Down payment (7.98%)$98,800

Land transfer tax$42,470

Est. closing costs$6,214

Total cash needed$147,484

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#321 40 Oaklands Avenue, Toronto (Yonge-St. Clair) - Single Family for Sale

Description

Property Details

Rooms

Features

Market Timing

Location

Nearby Places

Neighbourhood profile (M4V)

Book a showing

Full Cost Breakdown