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    The Oaklands Condos

    20-40 Oaklands Avenue & 315 Avenue Road

    2for Sale
    0for Rent
    © OpenStreetMap
    map of location

    Building Details

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

    Listing History for The Oaklands Condos

    Amenities

    Security System
    Bike Storage
    Indoor Parking
    Visitor Parking
    BBQ
    Concierge

    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 Summerhill, 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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    Nearby Amenities

    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.

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    11,711
    Average Individual Income
    $59,569
    Average Household Size
    3 persons
    Average Age
    45
    Average Household Income
    $98,571
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    Household Income
    Housing Types & Tenancy
    High Rise Apartment
    44%
    Detached
    28%
    Low Rise Apartment
    12%
    Semi Detached
    11%
    Duplex
    3%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    69%
    Mandarin
    14%
    Cantonese
    11%
    Tagalog
    2%
    Telugu
    1%
    Arabic
    1%
    Spanish
    1%
    Hindi
    1%
    Education
    University and Above
    41%
    High School
    23%
    College
    15%
    None
    14%
    University Below Batchelor
    3%
    Apprenticeship
    2%
    Major Field of Study
    Business Management
    28%
    Architecture & Engineering
    19%
    Social Sciences
    11%
    Health & Related Fields
    10%
    Math & Computer Sciences
    8%
    Physical Sciences
    5%
    Humanities
    4%
    Education
    3%
    Visual & Performing Arts
    3%
    Personal, Protective & Transportation Services
    2%
    Agriculture & Natural Resources
    1%

    Price Trends

    Days on Strata

    Units at The Oaklands Condos spend an average of
    25
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    5%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    8
    YEARS before being sold again

    Property Value

    -21%
    Decrease in property value within the past twelve months

    Price Ranking

    5th
    Highest price per SQFT out of 15 condos in the Summerhill area

    Sold Units

    4
    Units were Sold over the past twelve months

    Rented Units

    0
    Units were Rented over the past twelve months

    Best Value Rank

    The Oaklands Condos offers the
    ?
    best value out of 15 condos in the Summerhill neighbourhood

    Appreciation Rank

    The Oaklands Condos has the
    ?
    highest ROI out of 15 condos in the Summerhill neighbourhood

    Rental Yield

    The Oaklands Condos yields the
    ?
    highest rent prices out of 15 condos in the Summerhill neighbourhood

    High Demand

    The Oaklands Condos is the
    ?
    most popular building out of 15 condos in the Summerhill neighbourhood

    Transaction Insights at 20-40 Oaklands Avenue

    Studio1 Bed2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price RangeNo DataNo Data$1,080,000 - $1,930,000$1,430,000No DataNo Data
    Avg. Cost Per SqftNo DataNo Data$857$776No DataNo Data
    Avg. Wait for Unit AvailabilityNo DataNo Data71 Days156 Days189 Days343 Days
    Ratio of Units in Building4%3%49%20%21%7%

    Maintenance Fees

    The Oaklands Condos vs The Summerhill Area

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