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$1,629,000Asking Price

40 Oaklands Avenue W 316, Toronto C02, ON M4V 2Z3 #316

Summerhill, Toronto

Condo
2 + 1
Bedrooms
3
Baths
2
Parking
Days on Market

Unit 316 at 40 Oaklands offers a rare opportunity to create a truly exceptional residence in one of the city's most distinctive and award-winning buildings. Spanning over 1,775 sq ft, this spacious 2+1 bedroom suite offers remarkable scale and outstanding underlying value, with generous principal rooms, an excellent floor plan, and a flexible den or home office to suit modern living.One of the suite's most impressive features is its private terrace of approximately 380 sq ft-an extraordinary outdoor space for elegant entertaining, al fresco dining, or quiet retreat. With a direct, iconic view of Casa Loma, the setting is as inspiring as it is unique.For buyers with vision, this residence presents the chance to design and customize a home of real substance and character. Existing features such as a private dry sauna and Jacuzzi tub offer exciting potential for a refined, spa-inspired retreat. Complete with the rare convenience of two-car parking, and ideally located just steps to Yorkville, Summerhill, parks, fine dining, everyday amenities, subway access, and downtown transit at the door, this is a remarkable offering in a landmark address.

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Unit 316 at 40 Oaklands offers a rare opportunity to create a truly exceptional residence in one of the city's most distinctive and award-winning buildings. Spanning over 1,775 sq ft, this spacious 2+1 bedroom suite offers remarkable scale and outstanding underlying value, with generous principal rooms, an excellent floor plan, and a flexible den or home office to suit modern living.One of the suite's most impressive features is its private terrace of approximately 380 sq ft-an extraordinary outdoor space for elegant entertaining, al fresco dining, or quiet retreat. With a direct, iconic view of Casa Loma, the setting is as inspiring as it is unique.For buyers with vision, this residence presents the chance to design and customize a home of real substance and character. Existing features such as a private dry sauna and Jacuzzi tub offer exciting potential for a refined, spa-inspired retreat. Complete with the rare convenience of two-car parking, and ideally located just steps to Yorkville, Summerhill, parks, fine dining, everyday amenities, subway access, and downtown transit at the door, this is a remarkable offering in a landmark address.

Key Info

  • 3-Storey Condo
  • 2 Parking
  • Avenue Road, and Dupont
  • 1600-1799 Approximate Sq Feet
  • 31-50 Years Approximate Age
  • West Exposure
  • Ensuite Laundry
  • Ensuite Locker
  • Forced Air Electric Heating
  • Central Air

Property

  • $2,612 Monthly Condo Fees
  • Includes: Water, Cable TV, Common Elements, Building Insurance, Parking.
  • Excludes: Heat, Hydro, Central A/C
  • Taxes were $6,364 in 2025
  • Possession: Flexible, ready for immediate possion.

Details

  • Brick Exterior
  • Fireplace
  • 2 + 1 Kitchens
  •  
  • Condo Corporation #542
  • Condo Registry Office: MTCC
  • MLS #C12867340
  • SUTTON GROUP-ASSOCIATES REALTY INC.

Extras

Room Floor Dimensions Details
1 Den Ground 7.19' x 7.64'
2 Kitchen Ground 8.46' x 18.90'
Washroom1 4-Piece Bathroom
Washroom1 4-Piece Bathroom
Washroom1 2-Piece Bathroom on Ground Floor

Who lives here?

Summerhill, Toronto is a central Toronto neighbourhood notable for its university grads, executives and business, education, law & public sector and arts & culture professionals. Residents tend to be older with a significant number of adults aged 55 to 64 and seniors aged 65 to 79.

Families

Kids Per Family

0.7

kids per family
in the neighbourhood.

Toronto  (1.2)
Gta  ({{ '1.29999995231628' | number: 1 }})

Singles

44% of residents are
single and loving it.

44% singles

Toronto (50%)
Gta ({{ '44.8800010681152' | number: 0 }}%)

Renters

38% of residents
are renters.

38% renters

Toronto (47%)
Gta ({{ '33.0200004577637' | number: 0 }}%)

Education

77% of residents are
university grads.

77% university grads

Toronto (48%)
Gta ({{ '43.6699981689453' | number: 0 }}%)

Income

Average Household Income

$332K

is the average household
income in the neighbourhood.

Toronto  ($132K)
Gta  ({{ '135056.828125' | minifiedCurrency }})

Professions

Professions

Business 16%
Government 15%
Management 13%
Sales 7%
Culture 7%

Immigrants

22% of residents were
born outside of Canada.

22% immigrants

Toronto (48%)
Gta ({{ '45.4300003051758' | number: 0 }}%)

Birthplace - All

UK was once home to 3.2% of immigrants.
USA 2.5%
India 1.8%
South Africa 1.2%
China 1.0%

3.2% from UK
All-time

Birthplace - Recent

USA was once home to 1.4% of immigrants.
China 0.3%
UK 0.2%
Russia 0.1%
India 0.1%

1.4% from USA
Recent

Foreign Languages

Foreign Languages

French 3%
Spanish 2%
German 1%
Cantonese 1%
Hungarian 1%

Religions

Religions

Christian 52%
Jewish 12%
Muslim 3%
Hindu 1%

Social Housing

Social Housing Buildings

0

Social housing buildings
in the neighbourhood.

Gta Avg (5.19)

Shelters

Shelters

2

Homeless shelters in
the neighbourhood.

Gta Avg (0.54)