40 Oaklands Avenue, Toronto, ON

$1,475,000
MLS#:C13225060
2 beds
3 baths
1600-1799 sqft
1.0 parking
Residential Condo & Other
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This listing is no longer active (Terminated)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable 2-Storey condo apartment located in the coveted neighborhood of Yonge-St. Clair. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,475,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 2 Bedrooms and 3 Bathrooms
  • Generous living space spanning 1600-1799 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Auto Garage Door Remote, Separate Heating Controls, Separate Hydro Meter
  • equipped with central air central cooling and highly efficient forced air heating via electric

Description

This truly exceptional two-story residence, offers nearly 1,800 square feet of refined living space-making it one of the largest in the building. Thoughtfully designed with both style and function in mind, this contemporary home showcases remarkable scale, 9-foot ceilings, and an airy, open feel throughout. High-quality renovation elevates the space with white oak hardwood floors, a reimagined fireplace, and a striking glass staircase enclosure. The sun-drenched main level is an entertainer's dream, featuring expansive principal rooms, a striking powder room, and a beautifully updated kitchen complete with stylish backsplash, stainless appliances w/induction cooktop & abundant cupboards. Western exposure fills the space with warm afternoon light and serene treetop sunset views. The lower level offers privacy and separation from the main living area which makes it feel more like a house. Oversized primary bedroom with a luxurious 5-piece ensuite, including a soaker tub, double vanity, & generous linen storage. Closet space is plentiful throughout, and the exceptionally large laundry/utility room-with additional fridge-provides rare and practical storage ideal for downsizers or those seeking extra space. Built in office alcove. The Oaklands is a luxury condo in one of the city's most coveted boutique buildings, quietly tucked into a picturesque, tree-lined enclave. The Building is a meticulously managed, predominantly owner-occupied building celebrated for its award-winning architecture, modernist aesthetic, and peaceful atmosphere. Residents enjoy a newly renovated atrium and beautifully landscaped, tranquil gardens that create a true sense of retreat in the heart of the city. Perfectly positioned just steps to the shops and boutiques of Summerhill, a short stroll to Bloor Street, & steps to the Rosedale subway station. Sophisticated, spacious, and effortlessly livable-this is elevated condo living at its finest. One owned parking space is included. Pet friendly!

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Key Features

Bedrooms
2
Bathrooms
3
Kitchens
1
Living Area
1600-1799 sqft
Property Type
Residential Condo & Other

Additional Details

StatusTerminated
Listed Date6/1/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural Style2-Storey
ConstructionBrick
BasementNone
CountyToronto
Annual Tax$6,130.82

Parking & Garage

Parking Spaces1.0
Garage Spaces1
Garage TypeUnderground

Heating & Cooling

Heat SourceElectric
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Electric Car Charger, Park, Public Transit, Rec./Commun.Centre, School

Interior Features

Auto Garage Door Remote, Separate Heating Controls, Separate Hydro Meter, Storage

Security Features

Concierge/Security, Security System

Community Features

Location

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40 Oaklands Avenue, Toronto, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 40 Oaklands Avenue 318, Toronto C02, ON M4V 2Z3

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

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Interest Rate5.25%
Down Payment$295,000 (20.0%)
* Minimum Canadian down payment required for this price is $295,000.
Amortization Period25 Years
Estimated Monthly Payment$7,032Based on a loan of $1,180,000 over 25 years.
Purchase Price$1,475,000
Loan Amount$1,180,000
Provincial Land Transfer Tax:$25,975
Toronto Municipal Land Transfer Tax:$25,975
Total Estimated Closing Taxes:$51,950

About Purchasing a Home in Toronto, ON

For a property listed at $1,475,000 in Toronto, the legal minimum down payment is $295,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $25,975 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $25,975 also applies, bringing the total estimated land transfer taxes to $51,950.

Nearby Listings

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$1,167,610

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Local Schools Guide

Elementary Schools

St Monica
Public14 Broadway Avenue, Toronto, Ontario, M4P 1T4
6.9
Deer Park
Public23 Ferndale Avenue, Toronto, Ontario, M4T 2B4
6.9
St Anselm
Public182 Bessborough Drive, Toronto, Ontario, M4G 3J9
8.7
Blythwood
PublicToronto, Ontario, M4G 0A6
9.4
Our Lady of Perpetual Help
Public1 1/2 Garfield Avenue, Toronto, Ontario, M4T 1E6
9.7

Secondary Schools

North Toronto
Public17 Broadway Avenue, Toronto, Ontario, M4P 1T7
8.4
Northern
Public851 Mount Pleasant Road, Toronto, Ontario, M4P 2L5
8.2
Marshall McLuhan
Public1107 Avenue Road, Toronto, Ontario, M5N 3B1
7.2
Leaside
Public200 Hanna Road, Toronto, Ontario, M4G 3N8
9.1
Forest Hill
Public78 Dunloe Road, Toronto, Ontario, M5P 2T6
7.5

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.