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New2 hours ago

203 - 40 Oaklands Avenue

Yonge-St. Clair, Toronto

$799,000

Condo Apartment |
1 | 1 | 1 | 1
About this home

40 Oaklands is a quietly admired boutique building in the heart of Summerhill-known for its strong sense of community, exceptional walkability, and discreet, secure atmosphere. One-bedroom suites here are seldom available, and true single-level living with no interior stairs is especially rare. Beautifully renovated by RTG Designs in 2017, this thoughtfully designed suite centres on a custom kitchen with an oversized island and integrated dining extension, opening to a bright living area with tailored built-ins and a walk-out to a private east-facing balcony set among the trees. Custom millwork continues throughout, including a built-in sideboard with wine fridge, media centre, and bookshelves. The spacious bedroom features a walk-in closet and access to a carefully finished bathroom with heated marble basketweave floors and classic white subway tile. Wide-plank white oak floors run throughout. A generous laundry and storage room adds everyday practicality rarely found in suites of this scale. Includes parking and locker. Easily accessed from the lobby yet quietly positioned within the building-an ideal combination of convenience and privacy. The Oaklands is a well-managed, pet-friendly boutique residence with part-time concierge (1-9 pm), visitor parking, bike storage, and car wash. EV charging installation permitted. Maintenance fees include cable and internet. Low property taxes.A calm, turnkey home steps to Summerhill's shops, restaurants, parks, and transit-within one of the neighbourhood's mostspecial boutique buildings.

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeCondo Apartment
StyleApartment
Approx. Age31-50
Size700-799 sq. ft.
Maintenance Fees$1,163
LockerOwned
BalconyOpen
ExposureEast
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$2,890
mls© NumberC13663468
Listed ByCHESTNUT PARK REAL ESTATE LIMITED
Common Elements Included
Building Insurance Included
Parking Included
Cable TV Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$4,090
Property tax
$241
Heat allowance
$150
Condo fees, half counted
$582
Housing costs
$5,062 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $159,800
25-yr amortization

Income needed

$156,000

gross annual household income

Payment at 4%
$3,362 / mo
Cash down
$159,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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