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    20-40 Oaklands Avenue & 315 Avenue Road

    The Oaklands Condos
    1for Sale
    0for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    3
    Number of Units:
    65
    Condo Completion:
    1981
    Condo Demand:
    Low
    Unit Size Range:
    435 - 2,400 SQFT
    Unit Availability:
    Low

    Listing History for The Oaklands Condos

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    Amenities

    Visitor Parking
    Security System
    Bike Storage
    Concierge
    Car Wash
    BBQs Allowed

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 20-40 Oaklands AvenueThe Oaklands Condos

    The Oaklands is one of those curious buildings that makes you pause every time you walk by — whether it’s your fifth or hundred-and-fifth time. Perhaps that’s because 40 Oaklands Avenue, while partially concealed by mature trees, is a modernist masterpiece.

    In fact, architect Macy Dubois designed the condo, and his efforts were generously rewarded: Dubois received a Governor General’s Medal in Architecture for this residential edifice. For those interested in architectural history, Dubois also designed New College at the University of Toronto, Central Techincal School’s art centre, and the Ontario pavilion at Expo 67.

    The 3-storey building at 40 Oaklands is divided into 65 townhouse units. While the square tile façade is a selling point for some prospective residents, others are drawn to the condo’s minimal yet important list of amenities: the building boasts a concierge and under underground parking with visitor spots.

    The Suites

    Homes at 40 Oaklands range considerably in size, making these midtown Toronto condos appealing to all sorts of residents. The smallest suites are studios that span approximately 550 square feet, while those in need of as much space as possible can check out the three bedroom plus den units, some of which span 2,350 square feet.

    As expected of a longstanding building like the Oaklands, some suites feature much more modern interiors than others; others are ready to be renovated by residents who prefer to wipe the slate clean and personalize every aspect of their homes. Prospective residents might also be pleased to find wood burning or gas fireplaces, depending on the unit, while some suites cover multiple floors.

    All of the homes at 40 Oaklands are extremely bright thanks to the generous use of windows by Dubois. And those who prefer homes with that extend outside will be blown away by the penthouse units, which boast over 1,200 square feet of outdoor space.

    The Neighbourhood

    There are plenty of good reasons to want to call 40 Oaklands home. Situated in the upscale residential neighbourhood of Mount Pleasant West, this condo is still within close reach of countless commercial offerings.

    Just to the north is St. Clair Avenue West, where residents can find an LCBO and the Market by Longo’s on the ground floor of the Imperial Plaza. Another great option is the large Loblaws at the corner of Yonge and St. Clair, and those who want nothing but organic goods can head south on Avenue Road to the Whole Foods at Hazelton Lanes.

    While the intersection of Avenue Road and Oaklands Avenue seems devoid of restaurants at first glance, that’s because one of the best special occasion spots in the city is cleverly tucked away. Scaramouche, which opened in 1980 and can consistently be found on the most important lists of top restaurants, is located 5 minutes away from 40 Oaklands by foot. More options, including upscale specialty food shops, boutiques, bars and restaurants, can also be found due east, on Yonge Street.

    Transportation

    Residents living at 40 Oaklands Avenue can easily travel throughout the city, even without a car. The walk over to Summerhill Station on the Yonge subway line takes all of 8 minutes, while the 15-minute walk to Dupont Station on the University-Spadina line can be sped up by hopping on the Dupont bus.

    Living beside Avenue Road is particularly useful for drivers, who can use this arterial street to reach the 401 to the north. Alternatively, south of College Avenue Road becomes University Avenue, a 6-lane street that carries cars right into downtown Toronto.

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    Explore Summerhill

    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 condos

    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
    0 - 14
    17%
    20 - 34
    21%
    35 - 49
    21%
    50 - 64
    23%
    65+
    15%
    Household Income
    $0 - $30,000
    42%
    $30,000+
    25%
    $60,000+
    15%
    $90,000+
    9%
    $125,000+
    7%
    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%

    Maintenance Fees

    The Oaklands Condos vs The Summerhill Area

    Days on Strata

    Units at The Oaklands Condos spend an average of
    47
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    7%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Summerhill

    Turnover of Units

    On average, each unit is owned for
    8.4
    YEARS before being sold again

    Property Value

    4%
    Increase in property value within the past twelve months

    Price Ranking

    5th
    Highest price per SQFT out of 23 condos in the Summerhill area

    Sold Units

    4
    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

    Transaction Insights at 20-40 Oaklands Avenue

    Studio1 Bed2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price RangeNo DataNo Data$1,245,000 - $1,860,000$1,800,000 - $2,100,000No DataNo Data
    Avg. Cost Per SqftNo DataNo Data$848$1,206No DataNo Data
    Avg. Wait for Unit AvailabilityNo DataNo Data70 Days217 Days202 Days343 Days
    Ratio of Units in Building4%3%54%17%20%7%

    Unit Sales vs Inventory

    Total number of units listed and sold in Summerhill