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    Toronto / Midtown / Summerhill

    337 - 40 Oaklands Ave

    For SaleThe Oaklands Condos
    $1,645,000
    2 Beds
    3 Bath
    1 Parking
    1,600 SQFT
    55 Days on Strata
    Est Sell Timeframe
    13 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $2,243/mth
    Taxes:
    $5,417 (2023)
    Cost Per Sqft:
    $1,028/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    East
    Possession Date:
    To Be Determined
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Heat
    Air Conditioning

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Electric
    Heating
    Forced Air

    Room Dimensions

    Foyer
    Tile Floor, 2 Piece Bath, Crown Moulding
    13.16 x 6.5ft
    Living
    Hardwood Floor, Built-in Shelves, Combined with Dining
    20.83 x 11.58ft
    Dining
    Hardwood Floor, Walkout To Patio, Pot Lights
    13.58 x 9.68ft

    About this Listing

    Welcome to Suite 337 at The Oaklands! This sophisticated renovated east facing suite is truly one of a kind. The main level boasts an elegant living room with sleek, architectural custom built-ins, floor to ceiling windows featuring a tree-lined view, a lovely guest powder room, a gorgeous designer kitchen and a perfect terrace. The tasteful master suite features a spacious walk-through closet, ample built ins, floor-to-ceiling windows with a walkout to a second secluded east -facing balcony, and a gorgeous four-piece ensuite with stone counters, and a soaker tub. The second light filled bedroom also features floor to ceiling windows, a walkout to the east facing balcony and a double closet. The secondary bedroom is served by a convenient 3 piece bath. This level also features an office and a generous laundry/storage room. Complete with underground parking, this spectacular suite is the perfect mix of luxury and convenience.

    ExtrasJust steps to the many impressive shops and restaurants of Summerhill and Yorkville, Cottingham tennis club, York Racquets and the newly transformed intersections of Yonge & St. Clair and Yonge & Bloor, and Summerhill Station

    royal lepage real estate services heaps estrin teamMLS® #C9347840

    Amenities

    Concierge
    Security System
    Indoor Parking
    Bike Storage
    BBQs Allowed
    Visitor Parking

    Explore Neighbourhood

    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.

    Similar Listings

    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%

    Price Trends

    Maintenance Fees

    The Oaklands Condos vs The Summerhill Area

    Building Trends At The Oaklands Condos

    Days on Strata

    Units at The Oaklands Condos spend an average of
    47
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    7%
    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
    8.4
    YEARS before being sold again

    Property Value

    -4%
    Decrease in property value within the past twelve months

    Price Ranking

    5th
    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

    Transaction Insights at 20-40 Oaklands Avenue

    Studio1 Bed2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price RangeNo DataNo Data$1,245,000 - $1,860,000$1,430,000 - $2,100,000No DataNo Data
    Avg. Cost Per SqftNo DataNo Data$848$1,063No DataNo Data
    Avg. Wait for Unit AvailabilityNo DataNo Data70 Days217 Days202 Days343 Days
    Ratio of Units in Building4%3%54%17%20%7%

    Transactions vs Inventory

    Total number of units listed and sold in Summerhill