40 Oaklands Avenue, Toronto, ON

$1,350,000
MLS#:C12926488
2 beds
3 baths
1400-1599 sqft
1.0 parking
Residential Condo & Other
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This listing is no longer active (Sold)

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 and other construction, this residence presents an exceptional opportunity offered at $1,350,000 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 1400-1599 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Built-In Oven, Carpet Free, Storage
  • equipped with central air central cooling and highly efficient forced air heating via electric

Description

The Oaklands is one of midtown Toronto's most coveted buildings - a luxury offering situated within a quiet, tree-lined neighbourhood offering privacy rarely found this close to the city's core. Suite 337 is a refined two-storey residence offering 1,590 square feet of living space, complemented by two distinct outdoor spaces - an enclosed terrace, and serene balcony. It lives more like a townhome than a condominium, with separation between entertaining and private quarters. The main level is open and inviting: a newly renovated kitchen features Fisher & Paykel appliances, stone countertops, and streamlined cabinetry that flows naturally into the living and dining areas. Floor-to-ceiling windows welcome in morning light and open to an east-facing terrace - an ideal spot for coffee, reading, or quiet evenings at home. A discreet powder room and custom built-in millwork complete the level. The lower level is calm and private, featuring a primary suite that includes a walk-through dressing area, a spacious ensuite, and direct access to the balcony. A dedicated laundry and storage room, along with a comfortable reading nook, adds day-to-day ease. Thoughtfully updated, Suite 337 offers space, privacy, and architectural integrity - an ideal next chapter for those seeking quality. Designed by the esteemed architectural partnership of Macy DuBois and Helga Plumb, The Oaklands is an award-winning example of late-stage modernism, defined by strong horizontal lines, clay tile detailing, and a perfect marriage of architecture, light, and landscape. Subtle references to Frank Lloyd Wright are felt rather than stated, giving the building a warmth and permanence that has aged exceptionally well. Set within the Cottingham School District and surrounded by Summerhill's historic streetscapes, 40 Oaklands Avenue remains a quietly significant address with enduring appeal.

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Key Features

Bedrooms
2
Bathrooms
3
Kitchens
1
Living Area
1400-1599 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateApril 22, 2026
Sold price information is available to members only
Listed Date3/26/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural Style2-Storey
ConstructionBrick, Other
BasementNone
CountyToronto
Annual Tax$6,131

Parking & Garage

Parking Spaces1.0
Garage TypeUnderground

Heating & Cooling

Heat SourceElectric
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Park, Public Transit, Place Of Worship, School, Ravine

Interior Features

Built-In Oven, Carpet Free, Storage

Security Features

Concierge/Security

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 337, 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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Properties in this area are selling at a steady pace.

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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$270,000 (20.0%)
* Minimum Canadian down payment required for this price is $270,000.
Amortization Period25 Years
Estimated Monthly Payment$6,436Based on a loan of $1,080,000 over 25 years.
Purchase Price$1,350,000
Loan Amount$1,080,000
Provincial Land Transfer Tax:$23,475
Toronto Municipal Land Transfer Tax:$23,475
Total Estimated Closing Taxes:$46,950

About Purchasing a Home in Toronto, ON

For a property listed at $1,350,000 in Toronto, the legal minimum down payment is $270,000 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 $23,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $23,475 also applies, bringing the total estimated land transfer taxes to $46,950.

Nearby Listings

Distance:

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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$1,168,277

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.