40 Oaklands Ave 301
Yonge-St. Clair, Toronto, M4V 2Z3
FOR SALE
$1,995,000
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Property Description
Experience turnkey luxurious urban living in this magnificent 2-sty condo that boasts over 2,300 sf of elegant living space. Nestled in a boutique bldg, this corner unit offers the ultimate blend of sophistication & comfort. With tree lined south-facing views, this residence is bathed in natural light, creating an inviting ambiance throughout. As you step inside, you'll immediately notice the thoughtful design & renovations that have transformed this condo into a move-in-ready masterpiece. The spacious 2 Bedroom, 3 Bathroom layout features a private balcony off the primary suite, providing a serene escape & a perfect spot to enjoy your morning coffee. One of the standout features of this unit is the sprawling 800 SF terrace, one of the largest in the building. Whether you desire a tranquil retreat to unwind & soak up the sun or a dynamic setting for hosting gatherings, this terrace allows you to create multiple seating & dining areas, making it a true extension of your home.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-03-05 | 2024-04-24 | 50 | $2,088,000 | - | Terminated |
| 2024-01-10 | 2024-03-05 | 55 | $2,199,900 | - | Terminated |
| 2023-10-10 | 2024-01-10 | 92 | $2,199,900 | - | Terminated |
| 2021-02-16 | 2021-04-08 | 50 | $1,850,000 | $1,765,000 | Sold |
| 2020-09-29 | 2020-11-26 | 58 | $1,850,000 | - | Terminated |
| 2020-09-09 | 2020-09-29 | 20 | $1,895,000 | - | Terminated |
Extras
"Other Rm" is Terrace. Rare 2 Car Parking + Large Ensuite Locker. Elegant Outdoor & Indoor Grdns, 24 Hr Security System, Concierge, Visitor Parking, Bike Storage, Free Ignite TV & Internet through Rogers - Buyer to verify/confirm & set up.
Nearby Intersections
Yonge & St Clair (209)
Avenue & St Clair (68)
Property Features
Cul De Sac, Library, Park, Place Of Worship, Public Transit, School
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Property Details
Street
Community
City
Property Type
Condo Apt, 2-Storey
Approximate Sq.Ft.
2250-2499
Taxes
$7,116 (2023)
Basement
None
Exterior
Brick Front
Heat Type
Forced Air
Heat Source
Electric
Air Conditioning
Central Air
Parking 1
Owned (A-9)
Parking 2
Owned (A-9)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Foyer | Upper | 6.76' x 8.60' | Hardwood Floor, Pot Lights, 2 Pc Bath |
| Living | Upper | 20.24' x 21.26' | Hardwood Floor, Fireplace, South View |
| Kitchen | Main | 11.32' x 17.91' | Marble Counter, Modern Kitchen, Stainless Steel Appl |
| Dining | Main | 10.50' x 18.34' | W/O To Terrace, Hardwood Floor, Large Window |
| Prim Bdrm | Main | 13.85' x 15.16' | W/I Closet, W/O To Balcony, 5 Pc Ensuite |
| 2nd Br | Main | 10.60' x 16.01' | Hardwood Floor, Double Closet, 4 Pc Ensuite |
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Toronto Market Statistics
Toronto Price Trend
40 Oaklands Ave 301 is a 2-bedroom 3-bathroom condo listed for sale at $1,995,000, which is $1,176,418 (143.7%) higher than the average sold price of $818,582 in the last 30 days (April 4 - May 3). During the last 30 days the average sold price for a 2 bedroom condo in Toronto increased by $33,837 (4.3%) compared to the previous 30 day period (March 5 - April 3) and up $4,336 (0.5%) from the same time one year ago.Inventory Change
There were 1,630 2-bedroom condos listed in Toronto over the last 30 days (April 4 - May 3), which is up 34.0% compared with the previous 30 day period (March 5 - April 3) and up 47.8% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Toronto typically sold ($13,620) (1.7%) below asking price over the last 30 days (April 4 - May 3), which represents a $3,217 decrease compared to the previous 30 day period (March 5 - April 3) and ($6,043) less 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 2-bedroom condos in Toronto over the last 30 days (April 4 - May 3) stood at 41.3%, down from 53.1% over the previous 30 days (March 5 - April 3) and down from 66.4% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 3-bathroom condo in Toronto stood at 25 days when successfully sold over the last 30 days (April 4 - May 3), compared to 52 days before being removed from the market upon being suspended or terminated.Listing contracted with Chestnut Park Real Estate Limited
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