494 Oakwood Avenue

FOR SALE
$1,150,000
494 Oakwood Avenue, Toronto
494 Oakwood Avenue
494 Oakwood Avenue
494 Oakwood Avenue
494 Oakwood Avenue
494 Oakwood Avenue
494 Oakwood Avenue
494 Oakwood Avenue
494 Oakwood Avenue
494 Oakwood Avenue
494 Oakwood Avenue
494 Oakwood Avenue
494 Oakwood Avenue
494 Oakwood Avenue
494 Oakwood Avenue
494 Oakwood Avenue
494 Oakwood Avenue
494 Oakwood Avenue
494 Oakwood Avenue
494 Oakwood Avenue
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3 + 1
BEDROOMS
2
BATHROOMS
2
KITCHENS
6 + 3
ROOMS
C13235378
MLSID
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Property Description
A rare opportunity to put down roots, create equity, and invest in your future. Lovingly maintained by the same family since 1960, this detached 2-storey home offers the space, flexibility, and potential that today's buyers are searching for. Featuring 3 bedrooms, 2 bathrooms, 2 kitchens, and two separate walk-outs, the home is ideal for first-time buyers looking to offset mortgage costs with potential basement rental income, growing families ready to move up from a condo, bungalow, or rental property, and renovators seeking a well-cared-for home to customize and add value. The spacious layout provides comfortable family living today while offering exciting possibilities for tomorrow. The separate basement access and second kitchen create flexibility for extended family, in-law living, or income-generating opportunities. Situated on a desirable lot with a rare double-car garage accessed by laneway, the property also offers future development potential, including the possibility of a laneway suite and potential forplex conversion, subject to all required approvals. While some cosmetic updates may be desired, this solid, well-maintained home presents an exceptional opportunity to renovate at your own pace and create something truly special. Conveniently located near TTC bus routes, the Eglinton LRT, Eglinton West Station, St. Clair West Station, and Christie Station, as well as parks, schools, shopping, and neighbourhood amenities. Whether you're a first-time buyer, growing family, renovator, or investor, this is a property that offers immediate livability, long-term value, and exceptional future potential.
Nearby Intersections
Property Features
Greenbelt/Conservation, Hospital, Library, Park, Place Of Worship, Rec./Commun.Centre, Auto Garage Door Remote, In-Law Capability, Carpet Free, Water Heater, Available, Lane, Private Double, Alarm System, Smoke Detector
Property Details
Address
494 Oakwood Avenue
Postal Code
M6E 2W7
Property Type
Detached, Detached
Lot Size
20' x 110'
Taxes
$4,803 (2026
Basement
Finished with Walk-Out, Separate Entrance
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
1
Garage Type
Detached
Listing contracted with Re/Max Ultimate Realty Inc.
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BEDS
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2
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BEDS
2
BATHS
$1,099,900
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2+1
BEDS
2
BATHS
$1,099,000
FOR SALE
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3+1
BEDS
2
BATHS
$1,099,000
FOR SALE
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BEDS
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$1,099,000
FOR SALE
Turnkey Bungalow with Income Potential. Welcome to 42 Stephen Dr, a beautifully renovated detached brick bungalow offering exceptional flexibility for homeowners, investors, & builders Whether you're a first-time buyer looking to offset your mortgage w/ rental income, an investor seeking a turnkey property, or a builder envisioning a future custom home, this residence presents an outstanding opportunity in one of Etobicoke's most desirable neighbourhoods. Completely move-in ready, the home has been thoughtfully updated w/ modern finishes throughout. The bright, open-concept main flr showcases rich hardwood flooring, pot lights, quartz countertops, & a functional layout designed for comfortable everyday living & effortless entertaining. Two spacious bdrms & an updated kitchen create a warm, inviting space to call home.Adding even greater value is the fully self-contained lower-level suite, featuring two bedrooms, a separate entrance, & excellent income potential. Ideal for tenants, extended family, or a live-and-rent lifestyle, this versatile space offers flexibility for today's changing needs.Outside, the private, low-maintenance backyard provides the perfect setting for relaxing or entertaining, while the private driveway accommodates parking for up to four vehicles.Situated on a generous 33 x 105-foot lot, this property also offers exciting long-term redevelopment potential. Surrounded by established homes in the highly sought-after Stonegate-Queensway community, it is an ideal site for those considering a future custom build. Conveniently located within an excellent school district & just minutes from parks, shopping, restaurants, public transit, major highways, & everyday amenities, this home combines lifestyle, location, and investment potential in one exceptional package. Move in, generate rental income, expand your investment portfolio, or build your dream home in the future, 42 Stephen Dr is a rare opportunity that offers immediate value & lasting potential.
42 Annabelle Drive, Toronto
3+1
BEDS
2
BATHS
$1,095,000
FOR SALE
Oversize bungalow with walkout basement. Beautifully renovated home including a modern kitchen with built in appliances. A newly renovated bathroom with curb less shower. Wonderful secluded back yard backing onto a ravine. Bright and spacious basement with bedroom that is above grade.
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