259 Oakwood Ave
Oakwood Village, Toronto, M6E 2V3
FOR SALE
$2,895,000
➧
➧
Browsing Limit Reached
Please Register for Unlimited Access
9 + 1
BEDROOMS5
BATHROOMS3 + 1
KITCHENS18 + 2
ROOMSC9513907
MLSIDContact Us
Property Description
Ideal Live in Investment Opportunity. Exceptional Property Designed for Both Comfortable Living and Rental Income. Situated in a Vibrant Neighborhood, This Unique Lot Features Two Well Maintained Buildings Offering a Total of 3, Three-Bedroom Units and 1 One-Bedroom Unit... MAIN HOUSE Generous Living Space and a Cozy Basement Unit Perfect for Guests or Additional Rental Income. Large Windows and Natural Light, Ideal for Both Entertaining and Every Day Living... BACK BUILDING, Rear Building Consists of 2 Spacious, Three-Bedroom Apartments, One on the Lower Level and One Above. Both Units Features Bright Airy Interiors With Modern Finishes... KEY FEATURES: Four Apartments in Total, 3 Three-Bedroom Units and 1 One-Bedroom Unit. Excellent Condition Throughout. Bright and Spacious Layouts. Prime Location Near Shops, Restaurants, Public Transit and Library. Ample Parking and Outdoor Space. The Property Provides a Wonderful Place to Live and an Opportunity for Substantial Rental Income in a Highly Desirable Area.
Call
Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2022-02-07 | 2022-03-01 | 22 | $3,695,000 | - | Suspended |
Nearby Intersections
St Clair & Dufferin (35)
Oakwood & St Clair (16)
Call
Property Details
Street
Community
City
Property Type
Detached, 2 1/2 Storey
Lot Size
40' x 106'
Fronting
East
Taxes
$10,915 (2024)
Basement
Finished, Sep Entrance
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
None
Call
Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 17.45' x 15.19' | Combined W/Dining, Pot Lights, Wood Floor |
| Dining | Main | 10.86' x 15.19' | Pot Lights, Wood Floor |
| Kitchen | Main | 12.76' x 11.09' | B/I Appliances, W/O To Deck, Wood Floor |
| Prim Bdrm | 2nd | 13.19' x 15.19' | B/I Closet, Pot Lights, Wood Floor |
| 2nd Br | 2nd | 12.50' x 10.04' | Window, Pot Lights, Wood Floor |
| 3rd Br | 2nd | 7.71' x 15.19' | Window, Pot Lights, Wood Floor |
| Kitchen | Main | 15.19' x 10.70' | B/I Appliances, W/O To Deck, Wood Floor |
| Loft | Main | 15.88' x 8.99' | Combined W/Living, Pot Lights, Wood Floor |
| Loft | Main | 9.84' x 9.91' | Combined W/Dining, Pot Lights, Wood Floor |
| Loft | 2nd | 19.00' x 24.64' | B/I Appliances, W/O To Deck, Wood Floor |
| Loft | 2nd | 8.66' x 25.39' | Combined W/Living, Pot Lights, Wood Floor |
| Loft | 2nd | 8.66' x 25.39' | Combined W/Dining, Pot Lights, Wood Floor |
Call
Toronto Market Statistics
Toronto Price Trend
259 Oakwood Ave is a 9-bedroom 5-bathroom home listed for sale at $2,895,000, which is $1,295,000 (80.9%) higher than the average sold price of $1,600,000 in the last 30 days (November 2 - December 1). During the last 30 days the average sold price for a 9 bedroom home in Toronto declined by $1,021,944 (39.0%) compared to the previous 30 day period (October 3 - November 1) and down $330,000 (17.1%) from the same time one year ago.Inventory Change
There were 4 9-bedroom homes listed in Toronto over the last 30 days (November 2 - December 1), which is down 33.3% compared with the previous 30 day period (October 3 - November 1) and down 20.0% compared with the same period last year.Sold Price Above/Below Asking ($)
9-bedroom homes in Toronto typically sold $101,000 (6.3%) above asking price over the last 30 days (November 2 - December 1), which represents a $154,006 increase compared to the previous 30 day period (October 3 - November 1) and ($382,999) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 9-bedroom homes in Toronto over the last 30 days (November 2 - December 1) stood at 25.0%, down from 33.3% over the previous 30 days (October 3 - November 1) and down from 60.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 9-bedroom 5-bathroom home in Toronto stood at 29 days when successfully sold over the last 30 days (November 2 - December 1), compared to 95 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max West Realty Inc.
Similar Listings
A Must See, Custom built large 3 Storey Property. Four Separate Units, well Designed Apartments located in a fantastic family neighborhood walking distance to TTC and the upcoming LRT station at Dufferin/Eglinton Area. LIVE-IN or INVESTMENT!! Two Year old brick/stucco modern property!! Three 2 bedroom Units. One 3bedroom unit. Units feature high ceilings with spacious open concept kitchens with stone counter tops with natural light exposure. Separate heating and cooling systems for all units. All electrical installed and ready for separate hydro meters if wanted. Security system and large shed with high ceilings.
Call
New 5-Bedroom custom home with a large 3-bedroom/2-bathroom rear coach house (laneway suite) that will supplement your income by approximately $45,000 per year. The coach house is currently leased for $3,745/month. Live in a luxury custom finished home while receiving this considerable rental income care-free. The Coach house is also ideal as an 'in-law suite' for multi-generational households, and is uniquely separated into two living spaces (one on each level) by keyed doors. The coachhouse kitchen is located on the second floor with an additional kitchen rough-in on the main floor. The primary home has a rare 5 bedrooms and 5 bathrooms, and is perfect for a large family or those looking for 4 bedrooms plus an office. Powder Room, Custom-built eat-in kitchen with floor to ceiling pantry for ample storage. Oversized Master Bedroom With tons of natural light, His and Her Custom millwork Closets, and oversized master bedroom ensuite with Free-Standing Tub, Double Vanity and an oversized glass shower. Third floor covered balcony with Private backyard, large deck and rear basement walkout. The primary home may also be retrofitted for a future basement apartment as it is separated from the main floor and is equipped with a separate exterior entrance, 2 bedrooms and a laundry/kitchen rough-in. This would allow a future owner to receive additional rental income from a large 2 bedroom basement apartment in addition to substantial rental income from the detached coach house. This home is located steps to Cedarvale Park, Leo Baeck Day School and Eglinton Station/Crosstown. Construction completed in June 2023 so it is not subject to Ontario rent increase limits. Speak to your mortgage broker for information on qualifying for a mortgage using supplemental rental income from secondary suites.
Call
Call