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Listed 15 days ago

107 - 40 Oaklands Avenue

Yonge-St. Clair, Toronto

$1,699,000

Condo Apartment |
2 | 3 | 1 | 1
About this home

Luxury living at The Oaklands, an award-winning modernist gem by renowned Architect Macy Dubois, recipient of the "The Canadian Architect" award of excellence and the Governor General's Medal for Architecture for The Oakland. This expansive 2-storey townhouse-style suite offers 1,722 SF plus oversized & intimate approx 492 SF, rarely available East facing, Terrace tucked into a quiet, tree-lined enclave in Summerhill, steps from Avenue and Cottingham. Scandinavian-inspired open concept design emphasizing simplicity, functionality and a strong connection to nature with panoramic windows and 2 direct terrace walk-outs. Neutral palettes and abundant wood bring warmth and maximize light. The chef's kitchen is a showpiece with Scavalini custom cabinetry and hand-picked lighting, Thermador appliances and a large island ideal for entertaining. A discreet main-floor locker room/pantry and a convenient 2-piece powder room enhance the ground level. The primary suite flows from its dressing area with wall-to-wall custom closets & organizers, to an oversized bedroom with architectural lighting. The spa-inspired 5 PC ensuite delivers with its stand-alone soaker tub, it's oversized glass shower stall and never-ending countertop with double sink, all delivered with materials that further connect this living space to the earth. A generous second bedroom includes a built-in desk and cabinetry. The 3 PC bath on the upper level leads to a tucked laundry room. This suite includes parking and ensuite locker. A rare opportunity to own a serene, architecturally significant urban oasis. NOTE: the Other Room is the Dressing Room and the other one is the Outdoor Terrace offering a very private "L" shaped setting, You're a 6 min walk to the Summerhill station and 10 min walk to Bloor & Avenue Rd. This is a prime location for dining with destinations like Scaramouche and Terroni, while the best of Yonge & Summerhill are moments away. And the Cottingham Tennis Club will keep you active.

Extras

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Contact Sell with Strategy.

Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeCondo Apartment
Style2-Storey
Approx. Age31-50
Size1600-1799 sq. ft.
Maintenance Fees$2,588
LockerEnsuite
BalconyTerrace
ExposureEast
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$6,153
mls© NumberC13585246
Listed ByBOSLEY REAL ESTATE LTD.
Water Included
Common Elements Included
Building Insurance Included
Parking 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%
$8,696
Property tax
$513
Heat allowance
$150
Condo fees, half counted
$1,294
Housing costs
$10,653 / mo

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

Down payment20% · $339,800
25-yr amortization

Income needed

$328,000

gross annual household income

Payment at 4%
$7,150 / mo
Cash down
$339,800

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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