Salehian.com 647-325-5000

40 Oaklands Avenue 321

Yonge-St. Clair, Toronto, M4V 2Z3 · More in this building

$999,000

Reduced $251,000 from $1,250,000

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  • 2 bedrooms
  • 3 bathrooms
  • 1 parking
  • 1600-1799 sq ft

Listed 29 days ago · MLS® C13810582

About this home

Looking to Transform an Expansive and Well-Maintained Residence into your Dream Home? This Wonderful 1697sqft East-Facing 2-Storey Town Home Style Abode Offers a Spectacular Opportunity to Update to your Heart's Content! Designed by DuBois Plumb & Associates and Recipient of the Governors General Award for Architecture, The Oaklands, a Low-Key Luxury Building, Conveniently located just off Avenue Rd between Davenport and St. Clair in the Cottingham School District. The Elegant Layout features a Sprawling, Open Concept Living Room with Fireplace, Large East-Facing Windows Overlooking Front Gardens, Open Concept Dining Room Leading to the Large Outdoor Patio. Two Generous Bedrooms with Large Closets and Terraces. Primary Retreat Offers 4pc Bathroom with Soaker Tub and Separate Shower, Ample Closet Space. Large Laundry/Utility Room Provides Extra Storage and 200 AMP electric panel. Upgraded Parking Space with EV Charging. This Gem of a Building Welcomes Residents with a Wonderful Management, Concierge and Superintendent Team, Lush Landscaping, Light-Filled Atrium, Conveniences of a Car Wash, Visitor Parking and fees which include Water, Building Insurance, Common Elements, Rogers Cable and Internet. Hydro is Separately Metered. Lovely Neighbourhood with Great Parks, Restaurants, Shops and Summerhill subway station just moments away! Great Opportunity to Bring your Vision to Life and Create your Dream Home! More: Theoaklands.ca

Details

Type
Condo Apartment
Style
2-Storey
Age
31-50 years
Size
1600-1799 sq ft
Basement
None
Garage
Underground
Kitchens
1
Property tax
$6,369 (2026)
Maintenance fee
$2,551/month
Neighbourhood
Yonge-St. Clair
Municipality
Toronto C02
Price per sq ft
$588 (38% below condo apartments in Yonge-St. Clair, $941)
Fee per sq ft
$1.50/month (Toronto median $0.92)

Interior

Bedrooms
2 above ground
Bathrooms
1 × 2-piece (upper), 1 × 3-piece (lower), 1 × 4-piece (lower)
Rooms
6 above ground
Family room or den
No
Fireplace
Living Room
Laundry
Ensuite, In-Suite Laundry
Features
Central Vacuum, Separate Heating Controls, Separate Hydro Meter

Heating, cooling and services

Heating
Baseboard, Electric
Air conditioning
Central Air

Building and exterior

Style
2-Storey
Exterior
Concrete
Age
31-50 years
Outdoor
Controlled Entry, Landscaped

Parking

Garage spaces
1
Total parking
1
Driveway and parking
Underground

Condo

Building
The Oaklands
Monthly fee
$2,551
Fee includes
Common Elements Included, Water Included, Cable TV Included, Building Insurance Included, Parking Included
Amenities
Car Wash, Concierge, Elevator, Visitor Parking
Balcony
Open
Exposure
East
View
Garden, Clear
Pets
Yes-with Restrictions
Security
Concierge/Security, Smoke Detector, Carbon Monoxide Detectors, Security System
Property manager
Meritus 905-275-9575 x 338 william.yu@themeritusgroup.ca

More

Possession
December
Nearby
Clear View, Electric Car Charger, Park, Public Transit, School, Place Of Worship
Cross street
Avenue Rd and Oaklands

Rooms

RoomLevelSizeFeatures
Living RoomUpper6.48 × 3.68 m (21'3" × 12'1")Hardwood Floor, East View, Open Concept
Dining RoomUpper4.78 × 2.72 m (15'8" × 8'11")Hardwood Floor, W/O To Balcony, Open Concept
KitchenUpper3.38 × 2.82 m (11'1" × 9'3")Eat-in Kitchen, Pocket Doors
BathroomUpper1.75 × 1.6 m (5'9" × 5'3")2 Pc Bath
FoyerUpper2.82 × 1.68 m (9'3" × 5'6")Hardwood Floor, Closet
OtherUpper3.3 × 2.57 m (10'10" × 8'5")Balcony, East View
BedroomLower5.52 × 3.69 m (18'1" × 12'1")4 Pc Ensuite, W/O To Terrace, Large Closet
Bedroom 2Lower5.51 × 2.62 m (18'1" × 8'7")W/O To Terrace, East View, Closet
Utility RoomLower4.98 × 3.2 m (16'4" × 10'6")Combined w/Laundry, Central Vacuum
BathroomLower2.46 × 2.01 m (8'1" × 6'7")3 Pc Bath
BathroomLower3.15 × 3.1 m (10'4" × 10'2")4 Pc Ensuite, Soaking Tub, Separate Shower

Price history

DatePriceChange
Sep 21, 2026$1,250,000Listed
Oct 20, 2026$999,000−$251,000

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Very walkable

  • 🚇 Summerhill Subway11 min walk
  • 🚇 Dupont Subway14 min walk
  • 🚆 Toronto Union Station GO4.2 km

Within a 10-minute walk: 4 grocery stores, 67 cafés and restaurants, 26 parks, 6 pharmacies. Nearest grocery: New Forest Market (600 m). Nearest park: Robertson Davies Park (200 m).

Schools nearby

Elementary

  • Cottingham Junior Public School
    EQAO: Gr 6 reading 100%, math 100%    4 min walk
  • Brown Junior Public School
    EQAO: Gr 6 reading 100%, math 75%    9 min walk
  • Jesse Ketchum Junior and Senior Public School
    EQAO: Gr 6 reading 96%, math 71%    15 min walk
  • Huron Street Junior Public School
    EQAO: Gr 6 reading 79%, math 59%    17 min walk

Secondary

  • De La Salle College "Oaklands" Private3 min walk

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area M4V

Owners / renters
44% / 56%
Median household income
$99,000
Average age
46
Children under 15
10%
Homes
11% detached, 63% high-rise
Commute by transit
26%
Population
19,273

Languages spoken most at home besides English: Spanish 1.3%, Mandarin 0.8%, Russian 0.7%, Iranian Persian 0.6%.

Flood and conservation No mapped hazard

Not inside a mapped flood plain or regulated area.

Screening maps only. Ask the conservation authority for a property inquiry before relying on this.

Safety

Major crime per resident in Yonge-St.Clair (2025): 42% below the Toronto average, about the same from the year before.

  • Assault65% below average
  • Break and enter97% above average
  • Auto theft71% below average
  • Robbery67% below average
  • Theft from vehicles45% below average
  • Shootingsnone reported

Crime Severity Index for Toronto police: 60 vs 57 for Ontario (2025).

Police-reported figures for the whole neighbourhood, not this street. Rates use the area’s resident population.

Development nearby 1 active

  • 438 AVENUE RD · 450 m
    Site Plan · Under Review · applied 2022
    Proposed development of the site for a 24-storey residential building
    Application details
  • 131 FARNHAM AVE · 200 m
    Site Plan · Closed · applied 2022
    Site Plan Application for proposed 1 storey addition the east side and a 2 storey addition to the west side of the existing arena building - De La Salle College
    Application details

Rezoning, site plan, subdivision and condominium applications filed with the city.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Neighbourhood crime: Toronto Police Service Public Safety Data Portal (Open Government Licence – Toronto Police Service). Crime Severity Index: Statistics Canada. Planning applications: City of Toronto open data.

Living here

Commute

To Union Station (downtown Toronto): 4 km. Transit times · Driving times

Noise 1 source nearby

  • 🚆 Rail line (North Toronto Subdivision)250 m

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

What can be built R

Residential (with a site-specific exception).

  • ✅ Up to 6 homes on the lot (multiplex): a sixplex ward
  • ✅ Garden suite in the backyard
  • ✅ Laneway suite, if the lot backs onto a lane

From Toronto’s Zoning By-law 569-2013 map. Lot size, setbacks and trees decide what actually fits; check with a planner before you buy.

Full lot check · Run the numbers

Building permits

  • Interior Alterations · 2022 · Permit Issued
    Proposed interior alterations to existing condo suite - 301 Area of work : 176.3 sq.m
  • Electromagnetic Locks · 2021 · Inspection
    Proposal to install 2 maglocks on 3rd floor of existing Residential Building
  • Interior Alterations · 2021 · Closed
    Proposed new Interior Alterations to the existing condo unit 327 on the 3rd floor.
  • Interior Alterations · 2020 · Closed
    Interior alterations to existing residential Suite unit 310 - scope of work includes new partitions, finishes, plumbing and hvac.
  • Garage Repair/Reconstruction · 2019 · Permit Issued
    Proposal for concrete repairs to the concrete shear walls near the main entrance in existing apartment building.

4 permits on this block of the street in the last 2 years, including 1 new home.

Permits filed with the City of Toronto. A permit doesn’t mean the work passed final inspection.

Trees

62 City street trees within 100 m. That’s more than the Toronto average of 42.

Trees on City boulevards only, not private yards or parks.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Short-term rentals

Only in your principal residence (where you live). The entire home can be rented up to 180 nights a year; renting up to 3 bedrooms while you live there has no limit. Hosts register with the City and collect the 6% accommodation tax.

City rules

Zoning, heritage, building permits and street trees: City of Toronto open data (Open Government Licence – Toronto). Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by KELLER WILLIAMS REFERRED URBAN REALTY.

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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