
This property was sold on July 15, 2026. This listing is for reference purposes only. to view the sold price.
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.
***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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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.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Oakwood Village, Toronto.
First-time home buyers, professionals, or investors seeking value.
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The current listing price for 571 Oakwood Avenue, Toronto, ON in Oakwood Village, Toronto is $1,150,000.
This property features 0 bedrooms and 1 bathroom across approximately < 700 sqft.
571 Oakwood Avenue, Toronto, ON is a Detached (Bungalow) featuring a Unfinished basement.
Interior highlights include: None.
Yes, this property offers parking space for 0.0 vehicle (None).
Heating is provided via Gas and cooling via None.
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No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 571 Oakwood Avenue, Toronto, ON M6E 2X6
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
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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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.