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    309 - 40 Oaklands Ave

    For SaleThe Oaklands Condos
    $2,250,000
    2 Beds + 1
    3 Bath
    2 Parking
    1,600 - 1,799 SQFT
    30 Days on Strata
    Est Sell Timeframe
    12 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $2,298/mth
    Taxes:
    $6,452 (2024)
    Cost Per Sqft:
    $1,251 - $1,406/sqft
    Locker:
    None
    Outdoor Space:
    Terrace
    Exposure:
    East
    Possession Date:
    November 5, 2024
    Laundry:
    Upper
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Heat
    Air Conditioning

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Electric
    Heating
    Forced Air

    Room Dimensions

    Dining
    Hardwood Floor, Combined with Kitchen, 2 Piece Bath
    6.73 x 11.84ft
    Kitchen
    Eat-In Kitchen, Built-in Appliances, Walkout To Balcony
    8.24 x 15.49ft
    Living
    Hardwood Floor, Clerestory, Combined with Kitchen
    12.3 x 18.7ft

    About this Listing

    Welcome to #309 at The Oaklands! This stunning 3-storey penthouse unit has been renovated in a sophisticated and contemporary design from top to bottom. The main level boasts a custom kitchen with a full built-in Miele appliance package, a large kitchen island with seating and a dining area with custom storage and Bocci lighting. The living room offers a beautiful tree-filled east view, clerestory windows, and a walk-out to balcony. On the second floor, the primary bedroom features a spacious walk-through built-in closet, banquet window seating, a 5-piece ensuite with a double vanity, a steam shower and extra storage. The second bedroom also includes window seating, a custom built-in closet and is served by a convenient 4-piece bathroom. This level also features a nursery/office with a skylight, as well as a convenient laundry and storage room with a sink. At the top floor landing, you will find a prep counter with a sink, a wine fridge, and two drink fridges. Walk-out to a gorgeous and private rooftop terrace, roughly 500 sqft, perfect for entertaining. Two parking included!

    ExtrasThis fantastic location is only minutes to shops and restaurants in Summerhill and Yorkville.

    harvey kalles real estate ltd.MLS® #C9263151


    Amenities

    BBQ
    Bike Storage
    Security System
    Concierge
    Indoor Parking
    Car Wash

    Explore Neighbourhood

    8/10
    Walkability
    You’re in stride with amenities—most of your needs are just a playlist away.
    8/10
    Transit
    So frequent, you might accidentally start collecting tickets.
    6/10
    Bikeability
    You'll have a love-hate relationship with your gears. Mostly hate.

    Similar Listings

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    11,711
    Average Individual Income
    $59,569
    Average Household Size
    3 persons
    Average Age
    45
    Average Household Income
    $98,571
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    0 - 14
    13%
    15 - 19
    1%
    20 - 34
    28%
    35 - 49
    19%
    50 - 64
    19%
    65+
    17%
    Household Income
    $0 - $30,000
    48%
    $30,000+
    26%
    $60,000+
    14%
    $90,000+
    8%
    $125,000+
    3%
    Housing Types & Tenancy
    High Rise Apartment
    44%
    Detached
    28%
    Low Rise Apartment
    12%
    Semi Detached
    11%
    Duplex
    3%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    69%
    Mandarin
    14%
    Cantonese
    11%
    Tagalog
    2%
    Telugu
    1%
    Arabic
    1%
    Spanish
    1%
    Hindi
    1%
    Education
    University and Above
    41%
    High School
    23%
    College
    15%
    None
    14%
    University Below Batchelor
    3%
    Apprenticeship
    2%
    Major Field of Study
    Business Management
    28%
    Architecture & Engineering
    19%
    Social Sciences
    11%
    Health & Related Fields
    10%
    Math & Computer Sciences
    8%
    Physical Sciences
    5%
    Humanities
    4%
    Education
    3%
    Visual & Performing Arts
    3%
    Personal, Protective & Transportation Services
    2%
    Agriculture & Natural Resources
    1%

    Maintenance Fees

    The Oaklands Condos vs The Mount Pleasant West Area

    Days on Strata

    Units at The Oaklands Condos spend an average of
    56
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    6%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Mount Pleasant West

    Turnover of Units

    On average, each unit is owned for
    8
    YEARS before being sold again

    Property Value

    -11%
    Decrease in property value within the past twelve months

    Price Ranking

    9th
    Highest price per SQFT out of 26 condos in the Mount Pleasant West area

    Sold Units

    3
    Units were Sold over the past twelve months

    Rented Units

    2
    Units were Rented over the past twelve months

    Best Value Rank

    The Oaklands Condos offers the
    ?
    best value out of 26 condos in the Mount Pleasant West neighbourhood

    Appreciation Rank

    The Oaklands Condos has the
    ?
    highest ROI out of 26 condos in the Mount Pleasant West neighbourhood

    Rental Yield

    The Oaklands Condos yields the
    ?
    highest rent prices out of 26 condos in the Mount Pleasant West neighbourhood

    High Demand

    The Oaklands Condos is the
    ?
    most popular building out of 26 condos in the Mount Pleasant West neighbourhood

    Transaction Insights at 20-40 Oaklands Avenue

    Studio1 Bed2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price RangeNo DataNo Data$1,860,000$1,430,000 - $1,800,000No DataNo Data
    Avg. Cost Per SqftNo DataNo Data$867$932No DataNo Data
    Avg. Wait for Unit AvailabilityNo DataNo Data69 Days217 Days202 Days343 Days
    Ratio of Units in Building4%3%54%17%20%7%

    Transactions vs Inventory

    Total number of units listed and sold in Mount Pleasant West