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    Toronto / Midtown / Mount Pleasant West

    329 - 40 Oaklands Ave

    For SaleThe Oaklands Condos
    $1,475,000
    2 Beds
    3 Bath
    1 Parking
    1,657 SQFT
    24 Days on Strata
    Est Sell Timeframe
    12 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $2,322/mth
    Taxes:
    $5,937 (2024)
    Cost Per Sqft:
    $890/sqft
    Locker:
    Ensuite
    Outdoor Space:
    Balcony
    Exposure:
    East
    Possession Date:
    Immediately
    Laundry:
    Lower
    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

    Foyer
    Hardwood Floor, 2 Piece Bath, Closet
    7.09 x 3.35ft
    Living
    Parquet Floor, Fireplace, Combined with Dining
    24.08 x 21.56ft
    Dining
    Walkout To Balcony, Parquet Floor, Combined with Living
    24.08 x 21.56ft

    About this Listing

    Incredible value for this spacious 2 level condo in Boutique Summerhill building. Glorious sunrise views facing east over the lush gardens...the best in the building. 1657s.f w/9ft ceilings. This beautifully maintained suite has an updated kitchen with stainless appliances and a powder room on the main level. Open concept living & dining w/rich walnut toned parquet flooring in impeccable condition. F/P has been closed and easily retrofitted to ethanol. Balconies on both levels. Primary bdrm has walls of closets and large ensuite w/sep shower. Many suites in the Oaklands have been extensively renovated. Turn suite 329 into your dream home or live in it as is. Large ensuite storage/laundry room. Unbeatable location.

    ExtrasQuiet well managed building is highly owner occupied. Low property taxes & Maintenance fee includes Rogers Ignite & internet package. Steps to Summerhill, subway, tennis clubs, & Yorkville.

    chestnut park real estate limitedMLS® #C9269602

    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%

    Price Trends

    Maintenance Fees

    The Oaklands Condos vs The Mount Pleasant West Area

    Building Trends At The Oaklands Condos

    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