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$1,150,000Asking Price

494 Oakwood Avenue W, Toronto C03, ON M6E 2W7

Oakwood Village, Toronto

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

A rare opportunity to put down roots, create equity, and invest in your future. Lovingly maintained by the same family since 1960, this detached 2-storey home offers the space, flexibility, and potential that today's buyers are searching for. Featuring 3 bedrooms, 2 bathrooms, 2 kitchens, and two separate walk-outs, the home is ideal for first-time buyers looking to offset mortgage costs with potential basement rental income, growing families ready to move up from a condo, bungalow, or rental property, and renovators seeking a well-cared-for home to customize and add value. The spacious layout provides comfortable family living today while offering exciting possibilities for tomorrow. The separate basement access and second kitchen create flexibility for extended family, in-law living, or income-generating opportunities. Situated on a desirable lot with a rare double-car garage accessed by laneway, the property also offers future development potential, including the possibility of a laneway suite and potential forplex conversion, subject to all required approvals. While some cosmetic updates may be desired, this solid, well-maintained home presents an exceptional opportunity to renovate at your own pace and create something truly special. Conveniently located near TTC bus routes, the Eglinton LRT, Eglinton West Station, St. Clair West Station, and Christie Station, as well as parks, schools, shopping, and neighbourhood amenities. Whether you're a first-time buyer, growing family, renovator, or investor, this is a property that offers immediate livability, long-term value, and exceptional future potential.

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A rare opportunity to put down roots, create equity, and invest in your future. Lovingly maintained by the same family since 1960, this detached 2-storey home offers the space, flexibility, and potential that today's buyers are searching for. Featuring 3 bedrooms, 2 bathrooms, 2 kitchens, and two separate walk-outs, the home is ideal for first-time buyers looking to offset mortgage costs with potential basement rental income, growing families ready to move up from a condo, bungalow, or rental property, and renovators seeking a well-cared-for home to customize and add value. The spacious layout provides comfortable family living today while offering exciting possibilities for tomorrow. The separate basement access and second kitchen create flexibility for extended family, in-law living, or income-generating opportunities. Situated on a desirable lot with a rare double-car garage accessed by laneway, the property also offers future development potential, including the possibility of a laneway suite and potential forplex conversion, subject to all required approvals. While some cosmetic updates may be desired, this solid, well-maintained home presents an exceptional opportunity to renovate at your own pace and create something truly special. Conveniently located near TTC bus routes, the Eglinton LRT, Eglinton West Station, St. Clair West Station, and Christie Station, as well as parks, schools, shopping, and neighbourhood amenities. Whether you're a first-time buyer, growing family, renovator, or investor, this is a property that offers immediate livability, long-term value, and exceptional future potential.

Key Info

  • 2-Storey Detached
  • 1-Car Driveway
  • 2-Car Detached Garage
  • OAKWOOD AVE & VAUGHAN RD
  • 1100-1500 Approximate Sq Feet
  • 2 Kitchens
  • Forced Air Gas Heating
  • Central Air

Property

  • Lot Size 20 x 110 Feet
  • Brick/Aluminum Siding Exterior
  • Taxes were $4,803 in 2026
  • Possession: TBA

Details

  • No Fireplace
  • No Family Room
  • Sewers
  • Municipal Water
  •  
  • MLS #C13235378
  • RE/MAX ULTIMATE REALTY INC.

Extras

Room Floor Dimensions Details
1 Kitchen Main 16.54' x 9.78' Ceramic Floor, Window, Walkout
2 Foyer Main 7.35' x 6.04' Ceramic Floor, Chair Rail, Wood Trim
3 Kitchen Lower 10.99' x 10.30' Ceramic Floor, Ceramic Backsplash, Custom Counter
4 Laundry Lower 11.65' x 9.25' Ceramic Floor, Window, Walkout To Garden
Washroom1 4-Piece Bathroom
Washroom1 3-Piece Bathroom on Lower

Who lives here?

Oakwood Village, Toronto is a central Toronto neighbourhood notable for its singles, education, law & public sector professionals, salespeople and tradespeople. It has a higher than average population of immigrants from the Philippines, and Italian, Spanish, Tagalog and Portuguese speakers. Residents tend to be older with a significant number of babies and adults aged 35 to 54.

Families

Kids Per Family

1.1

kids per family
in the neighbourhood.

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

Singles

52% of residents are
single and loving it.

52% singles

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

Renters

47% of residents
are renters.

47% renters

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

Education

41% of residents are
university grads.

41% university grads

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

Income

Average Household Income

$102K

is the average household
income in the neighbourhood.

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

Professions

Professions

Sales 17%
Government 11%
Business 9%
Trades 7%
Management 7%

Immigrants

48% of residents were
born outside of Canada.

48% immigrants

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

Birthplace - All

Philippines was once home to 8.2% of immigrants.
Caribbean 6.9%
Portugal 4.8%
Italy 4.3%
Jamaica 2.9%

8.2% from Philippines
All-time

Birthplace - Recent

Philippines was once home to 2.0% of immigrants.
Jamaica 0.3%
China 0.3%
India 0.2%
Other South America 0.2%

2.0% from Philippines
Recent

Foreign Languages

Foreign Languages

Portuguese 8%
Spanish 7%
Italian 6%
Tagalog 5%
Greek 2%

Religions

Religions

Christian 67%
Jewish 5%
Muslim 3%
Buddhist 2%
Hindu 2%

Social Housing

Social Housing Buildings

2

Social housing buildings
in the neighbourhood.

Gta Avg (5.19)

Shelters

Shelters

0

Homeless shelters in
the neighbourhood.

Gta Avg (0.54)