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$2,295,000Asking Price

40 Oaklands Avenue 327, Toronto C02, ON M4V 2Z3 #327

Summerhill, Toronto

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

This exceptional condo stands apart from anything else in the building. In a league of it's own, this high-end condo renovation was completely reimagined with a focus on architectural integrity, precision detailing & top tier mechanics. Completed in 2023, the design blends refined aesthetics like Italian Scavolini kitchens & baths, custom mono stringer staircase with mitered steps & Spanish wide plank engineered flooring. Top tier mechanical upgrades including the removal of the electric furnace and installation of five heating and cooling pump units, a new 200 amp panel, energy recovery ventilator, marathon 100 gallon HWT, & all plumbing systems including supply lines, drains & vents fully replaced, ensuring superior comfort, efficiency, and long-term reliability. Above all, this suite is outfitted with brand new Belgian Reynaers framed windows that are not only visually striking but also highly functional offering quiet year round comfort, the only suite in this entire building to have done this. Morning sun floods the east facing terraces, fully outfitted for year round entertaining. Terraces feature durable Trex decking, 4000 watt 220 volt outdoor heaters, exterior lighting, BBQ area & 3rd floor servery. Currently configured with a primary bedroom & two home offices, each with closets & windows - this condo is easily transformed into 3 bedrooms with the removal of built-ins. Highly owner occupied, the Oaklands is truly one of midtowns most established coveted buildings. The newly renovated atrium offers a revamped light infused space while maintaining the architectural integrity making it feel more like a townhome than a condo. Unbeatable location steps to Summerhill, Cottingham school, tennis, LCBO, parks, TTC and the boutique shops on Yonge. Unit 327 has TWO owned parking spaces and roughed in EV Charger. The Oaklands is a pet friendly building with newly installed 'pet relief area'. This spectacular suite must be seen to be appreciated.

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This exceptional condo stands apart from anything else in the building. In a league of it's own, this high-end condo renovation was completely reimagined with a focus on architectural integrity, precision detailing & top tier mechanics. Completed in 2023, the design blends refined aesthetics like Italian Scavolini kitchens & baths, custom mono stringer staircase with mitered steps & Spanish wide plank engineered flooring. Top tier mechanical upgrades including the removal of the electric furnace and installation of five heating and cooling pump units, a new 200 amp panel, energy recovery ventilator, marathon 100 gallon HWT, & all plumbing systems including supply lines, drains & vents fully replaced, ensuring superior comfort, efficiency, and long-term reliability. Above all, this suite is outfitted with brand new Belgian Reynaers framed windows that are not only visually striking but also highly functional offering quiet year round comfort, the only suite in this entire building to have done this. Morning sun floods the east facing terraces, fully outfitted for year round entertaining. Terraces feature durable Trex decking, 4000 watt 220 volt outdoor heaters, exterior lighting, BBQ area & 3rd floor servery. Currently configured with a primary bedroom & two home offices, each with closets & windows - this condo is easily transformed into 3 bedrooms with the removal of built-ins. Highly owner occupied, the Oaklands is truly one of midtowns most established coveted buildings. The newly renovated atrium offers a revamped light infused space while maintaining the architectural integrity making it feel more like a townhome than a condo. Unbeatable location steps to Summerhill, Cottingham school, tennis, LCBO, parks, TTC and the boutique shops on Yonge. Unit 327 has TWO owned parking spaces and roughed in EV Charger. The Oaklands is a pet friendly building with newly installed 'pet relief area'. This spectacular suite must be seen to be appreciated.

Key Info

  • 2-Storey Condo
  • 2 Parking
  • Avenue & Cottingham
  • 1600-1799 Approximate Sq Feet
  • 31-50 Years Approximate Age
  • East Exposure
  • Ensuite Laundry
  • No Locker
  • HeatPump

Property

  • $2,612 Monthly Condo Fees
  • Includes: Water, Cable TV, Common Elements, Building Insurance, Parking.
  • Excludes: Heat, Hydro, Central A/C
  • Amenities: Car Wash, Concierge, Visitor Parking
  • Taxes were $6,477 in 2025
  • Possession: Flexible

Details

  • Elevator
  • Brick Exterior
  • No Fireplace
  • 1 Kitchen
  •  
  • Condo Corporation #542
  • Condo Registry Office: MTCC
  • MLS #C12801464
  • CHESTNUT PARK REAL ESTATE LIMITED

Extras

Room Floor Dimensions Details
1 Kitchen Main 14.04' x 9.35' Modern Kitchen, Built-in Appliances, Custom Counter
2 Other Main 8.23' x 7.48' East View, Walkout, Overlooks Garden
Washroom1 5-Piece Bathroom
Washroom1 3-Piece Bathroom
Washroom1 2-Piece Bathroom on Main 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)