Maintenance Fees
The Oaklands Condos vs The Summerhill Area
335 - 40 Oaklands Ave
$1,869,0002 bds3 ba2 pk1,700 sqft
For SaleThe Oaklands Condos
23 Days on Strata
$1,869,000
2 Beds + 1
3 Bath
2 Parking
1,700 SQFT
Listing History
Details
Property Type:
Condo
Maintenance Fees:
$2,413/mth
Taxes:
$6,016 (2024)
Cost Per Sqft:
$1,099/sqft
Outdoor Space:
Terrace
Locker:
None
Exposure:
East
Possession Date:
To Be Determined
Laundry:
Upper
Amenities
Bike Storage
Concierge
Indoor Parking
BBQs Allowed
Security System
Visitor Parking
Car Wash
About this Listing
Sensational contemporary renovation at The Oaklands, prestigious boutique building with quietneighbourhood setting. 1600+ interior sqft over three floors. Open concept main floor withcasual living room with ethanol fireplace feature wall. Dining room with built-in banquetseating that overlooks the modern kitchen with massive centre island, quality appliances andquartz countertops. Off the kitchen is a private outdoor patio clad with natural cedar planks.The second floor has a massive primary suite with ample closet space, luxurious ensuite andeast facing window bench welcoming the morning sunshine. Both the second bedroom and officeare spacious, purposeful rooms. These rooms share a updated 4-piece bathroom. The third floorhas a bonus kitchenette, ideal to assist in entertaining on the rooftop terrace that overlooksthe treetops of the quant residential streets. Just a short walk to the shops and restaurantsof either Summerhill or Yorkville.
ExtrasS/S fridge, induction stovetop, dishwasher, wall oven and microwave. Ethinyl fireplace.Large combo washer/dryer is a combination steam unit,HWT. Automatic blinds & all existing window treatments, al llight fixtures, beverage fridge, 2 car parking, roughed in for electric car charger.
re/max hallmark joy verde group realtyMLS® #C12044673
Fees & Utilities
Maintenance Fees
Included in Fees
Water
Parking
Building Maintenance
Building Insurance
Not Included
Hydro
Heat
Air Conditioning
Utility Type
Air Conditioning
Central Air
Heat Source
No Data
Heating
Heat Pump
Room Dimensions
Foyer
hardwood floor, Closet, 2 Piece Bath
4.76 x 4.33ft
Living
hardwood floor, Fireplace, Open Concept
18.5 x 12.5ft
Dining
hardwood floor, Pot Lights, Open Concept
10.24 x 6.99ft
Kitchen
Centre Island, Stainless Steel Appliances, Walkout To Balcony
17.42 x 8.33ft
Primary
Bay Window, His/Hers Closets, 4 Piece Ensuite
19.33 x 12.01ft
2nd Bedroom
hardwood floor, Closet, Bay Window
11.06 x 8.6ft
Office
hardwood floor, Built-in Desk, Closet
16.67 x 9.42ft
Solarium
Built-in Bar, Tile Floor
8.01 x 7.35ft
Buyer's Market
Balanced
Seller's Market
Similar Listings
Explore Summerhill
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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.
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Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
Population
16,267
Average Individual Income
$77,285
Average Household Size
3 persons
Average Age
39
Average Household Income
$130,210
Dominant Housing Type
Detached
Population By Age
Household Income
Housing Types & Tenancy
Detached
69%
Semi Detached
11%
Duplex
7%
Low Rise Apartment
5%
High Rise Apartment
5%
Marital Status
Commute
Languages (Primary Language)
English
84%
Other
8%
Mandarin
2%
Cantonese
2%
Tagalog
1%
Urdu
1%
Tamil
1%
Punjabi
1%
Education
University and Above
29%
High School
28%
College
21%
None
13%
Apprenticeship
4%
University Below Batchelor
2%
Major Field of Study
Business Management
25%
Architecture & Engineering
17%
Social Sciences
14%
Health & Related Fields
12%
Math & Computer Sciences
6%
Humanities
5%
Education
5%
Personal, Protective & Transportation Services
4%
Physical Sciences
3%
Visual & Performing Arts
2%
Agriculture & Natural Resources
1%
Building Trends At The Oaklands Condos
Days on Strata
Units at The Oaklands Condos spend an average of
45
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
LOWchance of receiving
Multiple Offers
compared to other buildings in Summerhill
Turnover of Units
On average, each unit is owned for
8.3
YEARS before being sold againProperty Value
16%
Increase in property value within the past twelve months
Price Ranking
8th
Highest price per SQFT out of 23 condos in the Summerhill area
Sold Units
5
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 23 condos in the Summerhill neighbourhood
?
Appreciation Rank
The Oaklands Condos has the highest ROI out of 23 condos in the Summerhill neighbourhood
?
Rental Yield
The Oaklands Condos yields the highest rent prices out of 23 condos in the Summerhill neighbourhood
?
High Demand
The Oaklands Condos is the most popular building out of 23 condos in the Summerhill neighbourhood
?
Market Insights
Transaction Insights at The Oaklands Condos
| Studio | 1 Bed | 2 Bed | 2 Bed + Den | 3 Bed | 3 Bed + Den | |
|---|---|---|---|---|---|---|
| Price Range | No Data | No Data | $1,245,000 - $1,860,000 | $1,800,000 - $2,100,000 | No Data | No Data |
| Avg. Cost Per Sqft | No Data | No Data | $877 | $1,216 | No Data | No Data |
| Price Range | No Data | No Data | $7,750 | No Data | $7,500 | No Data |
| Avg. Wait for Unit Availability | No Data | 472 Days | 79 Days | 230 Days | 215 Days | 343 Days |
| Avg. Wait for Unit Availability | No Data | No Data | 323 Days | 224 Days | 688 Days | No Data |
| Ratio of Units in Building | 4% | 4% | 50% | 20% | 20% | 7% |
Market Inventory
Total number of units listed and sold in Summerhill
