571 Oakwood Avenue, Toronto, ON

$1,150,000
MLS#:C12676248
0 beds
1 baths
< 700 sqft
Residential Freehold
571 Oakwood Avenue, Toronto, ON M6E 2X6
⚠️

Property no longer active

This property was sold on July 15, 2026. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Oakwood Village. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,150,000 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.

  • 0 Bedrooms and 1 Bathroom
  • Generous living space spanning < 700 sqft on a premium 25 x 110 ft lot
  • Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 0.0 total parking spaces available
  • Notable attributes: None
  • Efficient forced air heating via gas

Description

***ATTENTION BUILDERS & INVESTORS*** Prime multi-unit development opportunity at 571 Oakwood Ave in the heart of vibrant Oakwood Village. Committee of Adjustment approved site for a 3-storey, 10-unit residential multiplex with 6 rooftop terraces, offering approx. 6,500 sq ft GFA on an 82' x 20' building footprint. Situated on a 25' x 110' lot along a major street within an MTSA, this property benefits from exceptional transit access with bus service at the door, a 3-minute walk to the Oakwood LRT station, and an 11-minute walk to Eglinton West subway station, plus close proximity to schools, parks, library, shops, and community amenities. Survey and committee-approved plans available, with all documentation to date to be provided by the seller. Site is shovel-ready, requiring only building permit submission. For savvy developers, there may be potential to pursue additional as-of-right density under the City of Toronto's evolving housing policies. Current designs project an estimated NOI of $232,500/year upon completion. A rare opportunity to deliver a mid-rise residential project in a high-demand, transit-oriented west-end location.

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Property Summary

This detached home located at 571 Oakwood Avenue, Toronto is currently for sale and has been available on SousaSells for 210 days. This property is listed at $1,150,000 with an estimated mortgage of $3,828* per month. It has 0 beds, 1 bathroom, and is < 700 square feet. 571 Oakwood Avenue, Toronto is in the Oakwood Village neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Oakwood Village, Toronto.

Great for Small Household / Couples
What We Love About This Home
  • 1 well-appointed bathroom
  • < 700 sqft of generous functional square footage
  • Desirable Detached architecture in Oakwood Village, Toronto
Standout Features & Layout
Who Should Buy This Home?

First-time home buyers, professionals, or investors seeking value.

Target Buyer Match

Key Features

0
Bathrooms
1
0
Living Area
< 700 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJuly 15, 2026
Sold price information is available to members only
Listed Date1/8/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick
BasementUnfinished
Lot Size25 × 110 Feet
CountyToronto
Annual Tax$3,845.84
Legal DescriptionLT 54 PL 1637 TWP OF YORK; TORONTO (YORK) , CITY OF TORONTO

Parking & Garage

Parking Total0.0
Parking Space0
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingNone

Features

Property Features

None listed

Interior Features

  • None

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 571 Oakwood Avenue, Toronto, ON

Q.What is the asking price for 571 Oakwood Avenue, Toronto, ON ?

The current listing price for 571 Oakwood Avenue, Toronto, ON in Oakwood Village, Toronto is $1,150,000.

Q.How many bedrooms and bathrooms does this property have?

This property features 0 bedrooms and 1 bathroom across approximately < 700 sqft.

Q.What property type and architectural style is 571 Oakwood Avenue, Toronto, ON ?

571 Oakwood Avenue, Toronto, ON is a Detached (Bungalow) featuring a Unfinished basement.

Q.What interior features are included in this home?

Interior highlights include: None.

Q.Is parking available at this property?

Yes, this property offers parking space for 0.0 vehicle (None).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via None.

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571 Oakwood 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 571 Oakwood Avenue, Toronto, ON M6E 2X6

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.

Configure Loan Settings

Interest Rate4.00%
Down Payment$345,000 (30.0%)
* Minimum Canadian down payment required for this price is $230,000.
Amortization Period30 Years
Estimated Monthly Payment$3,828Based on a loan of $805,000 over 30 years.
Purchase Price$1,150,000
Loan Amount$805,000
Provincial Land Transfer Tax:$19,475
Toronto Municipal Land Transfer Tax:$19,475
Total Estimated Closing Taxes:$38,950

About Purchasing a Home in Toronto, ON

For a property listed at $1,150,000 in Toronto, the legal minimum down payment is $230,000 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 $19,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $19,475 also applies, bringing the total estimated land transfer taxes to $38,950.

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Oakwood Village, Toronto Neighborhood Guide

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

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$1,323,430

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%

Best Schools in Oakwood Village, Toronto

Elementary Schools

Davisville
Public529 Vaughan Road, York, Toronto, Ontario, M4S 1J6
6.2
D'Arcy McGee
Public20 Bansley Avenue, York, Toronto, Ontario, M6E 2A2
3.4
St Alphonsus
Public60 Atlas Avenue, York, Toronto, Ontario, M6C 3N9
6.6
St John Bosco
Public75 Holmesdale Road, York, Toronto, Ontario, M6E 1Y2
6.1
St Clare
Public124 Northcliffe Boulevard, York, Toronto, Ontario, M6E 3K4
5.3

Secondary Schools

Oakwood
Public991 St. Clair Avenue West, Toronto, Ontario, M6E 1A3
4.6
Loretto
Public151 Rosemount Avenue, Toronto, Ontario, M6H 2N1
5.7

Oakwood Village, Toronto Demographic Home information

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.