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    329 - 40 Oaklands Ave

    $1,999,0002 bds3 ba1 pk1,657 sqft
    21 Days on Strata
    Est Sell Timeframe:
    20 Days
    $1,999,000
    2 Beds + 1
    3 Bath
    1 Parking
    1,657 SQFT

    Listing History


    Details

    Property Type:

    Condo

    Maintenance Fees:

    $2,438/mth

    Taxes:

    $5,937 (2024)

    Cost Per Sqft:

    $1,206/sqft

    Outdoor Space:

    Balcony

    Locker:

    Ensuite

    Exposure:

    East

    Possession Date:

    To Be Determined

    Laundry:

    Lower

    Amenities

    Bike Storage
    Concierge
    Indoor Parking
    BBQs Allowed
    Security System
    Visitor Parking
    Car Wash

    About this Listing

    Welcome to Suite 329 at 40 Oaklands Avenue, a meticulously renovated two-storey condo in one of Central Toronto's most distinctive boutique buildings. The Oaklands, designed by acclaimed architect Macy DuBois, earned the Governor General's Medal in Architecture in 1983. Defined by clean lines and seamless integration with nature, the building and this suite offer a rare blend of design and livability. The common areas are undergoing a stunning revitalization. This two-bedroom, three-bathroom suite has been completely reimagined. The living room features a striking porcelain tile fireplace with a raised hearth and electric insert, wide-plank white oak floors, and expansive windows overlooking pine trees. The open layout flows into a dining area with balcony access, and a chef-worthy kitchen with custom cabinetry, dimmable lighting, quartz counters, and a porcelain slab backsplash. A sleek powder room and coat closet complete the main level. Downstairs, the private quarters include two bedrooms, two baths, and a den. The primary suite, with access to its own private balcony, features custom-built-in shelving with LED-lit hanging rods and a boutique-style backlit mirror. Its spa-like ensuite includes a freestanding tub, glass shower, and double vanity. The second bedroom has balcony access and a built-in closet. A reimagined den and a full three-piece bath complete the level. Located in Summerhill, steps from Whole Foods, LCBO, trails, and boutique shops. In the Cottingham Jr. PS catchment and near De La Salle College.

    ExtrasAll Existing Appliances Including: KitchenAid Built-in Oven, Electric Cooktop, Built-in Microwave, Built-in Dishwasher, Fisher & Paykel Built-in Refrigerator, Broan Range Hood, LG Washer and Dryer, All Existing Electric Light Fixtures, All Existing Window Coverings and Rods, Electric Fireplace, Lighting Control System, Gas Furnace and Equipment.

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    Fees & Utilities

    Maintenance Fees

    Included in Fees
    Water
    Parking
    Building Maintenance
    Building Insurance
    Not Included
    Hydro
    Heat
    Air Conditioning

    Utility Type

    Air Conditioning

    Central Air

    Heat Source

    No Data

    Heating

    Forced Air

    Room Dimensions

    Living

    Electric Fireplace, hardwood floor, Picture Window

    12.3 x 20.24ft

    Dining

    Walkout To Balcony, hardwood floor, Combined with Living

    8.89 x 10.24ft

    Kitchen

    Quartz Counter, hardwood floor, Stainless Steel Appliances

    9.65 x 17.09ft

    Primary

    Built-in Closet, 5 Piece Ensuite, Walkout To Balcony

    12.07 x 17.75ft

    2nd Bedroom

    Built-in Closet, hardwood floor, Walkout To Balcony

    8.83 x 17.75ft

    Den

    hardwood floor, Pot Lights

    7.81 x 9.68ft

    Buyer's Market
    Balanced
    Seller's Market

    Similar Listings

    Explore Summerhill


    Commute Calculator

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    8/10
    Walkability
    You’re in stride with amenities—most of your needs are just a playlist away.
    8/10
    Transit
    So frequent, you might accidentally start collecting tickets.
    6/10
    Bikeability
    You'll have a love-hate relationship with your gears. Mostly hate.

    Mortgage Calculator


    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    16,267
    Average Individual Income
    $77,285
    Average Household Size
    3 persons
    Average Age
    39
    Average Household Income
    $130,210
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    17%
    20 - 34
    21%
    35 - 49
    21%
    50 - 64
    23%
    65+
    15%
    Household Income
    $0 - $30,000
    42%
    $30,000+
    25%
    $60,000+
    15%
    $90,000+
    9%
    $125,000+
    7%
    Housing Types & Tenancy
    Detached
    69%
    Semi Detached
    11%
    Duplex
    7%
    Low Rise Apartment
    5%
    High Rise Apartment
    5%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    84%
    Other
    8%
    Mandarin
    2%
    Cantonese
    2%
    Tagalog
    1%
    Urdu
    1%
    Tamil
    1%
    Punjabi
    1%
    Education
    University and Above
    29%
    High School
    28%
    College
    21%
    None
    13%
    Apprenticeship
    4%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    17%
    Social Sciences
    14%
    Health & Related Fields
    12%
    Math & Computer Sciences
    6%
    Humanities
    5%
    Education
    5%
    Personal, Protective & Transportation Services
    4%
    Physical Sciences
    3%
    Visual & Performing Arts
    2%
    Agriculture & Natural Resources
    1%


    Days on Strata

    Units at The Oaklands Condos spend an average of
    45
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    6%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Summerhill

    Turnover of Units

    On average, each unit is owned for
    8.3
    YEARS before being sold again

    Property Value

    16%
    Increase in property value within the past twelve months

    Price Ranking

    8th
    Highest price per SQFT out of 23 condos in the Summerhill area

    Sold Units

    5
    Units were Sold over the past twelve months

    Rented Units

    2
    Units were Rented over the past twelve months

    Best Value Rank

    The Oaklands Condos offers the
    ?
    best value out of 23 condos in the Summerhill neighbourhood

    Appreciation Rank

    The Oaklands Condos has the
    ?
    highest ROI out of 23 condos in the Summerhill neighbourhood

    Rental Yield

    The Oaklands Condos yields the
    ?
    highest rent prices out of 23 condos in the Summerhill neighbourhood

    High Demand

    The Oaklands Condos is the
    ?
    most popular building out of 23 condos in the Summerhill neighbourhood

    Market Insights

    Transaction Insights at The Oaklands Condos

    Studio1 Bed2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price RangeNo DataNo Data$1,245,000 - $1,860,000$1,800,000 - $2,100,000No DataNo Data
    Avg. Cost Per SqftNo DataNo Data$877$1,216No DataNo Data
    Avg. Wait for Unit AvailabilityNo Data472 Days79 Days230 Days215 Days343 Days
    Ratio of Units in Building4%4%50%20%20%7%

    Market Inventory

    Total number of units listed and sold in Summerhill


    The information on this website is taken from sources deemed reliable. However, the accuracy cannot be guaranteed and it is the responsibility of the website user to personally verify all information. The property information herein is derived from various sources that may include, but are not limited to, municipal records and the Multiple Listing Service, and may include approximations.

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