107-40 Oaklands Avenue, Toronto, ON

Yonge-St. Clair, Toronto · MLS® C13585246

$1,699,000
For Sale
Listed 2 days ago
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2Bedrooms
3Bathrooms
1Garage
1600-1799Sq Ft

About this home

Luxury living at The Oaklands, an award-winning modernist gem by renowned Architect Macy Dubois, recipient of the "The Canadian Architect" award of excellence and the Governor General's Medal for Architecture for The Oakland. This expansive 2-storey townhouse-style suite offers 1,722 SF plus oversized & intimate approx 492 SF, rarely available East facing, Terrace tucked into a quiet, tree-lined enclave in Summerhill, steps from Avenue and Cottingham. Scandinavian-inspired open concept design emphasizing simplicity, functionality and a strong connection to nature with panoramic windows and 2 direct terrace walk-outs. Neutral palettes and abundant wood bring warmth and maximize light. The chef's kitchen is a showpiece with Scavalini custom cabinetry and hand-picked lighting, Thermador appliances and a large island ideal for entertaining. A discreet main-floor locker room/pantry and a convenient 2-piece powder room enhance the ground level. The primary suite flows from its dressing area with wall-to-wall custom closets & organizers, to an oversized bedroom with architectural lighting. The spa-inspired 5 PC ensuite delivers with its stand-alone soaker tub, it's oversized glass shower stall and never-ending countertop with double sink, all delivered with materials that further connect this living space to the earth. A generous second bedroom includes a built-in desk and cabinetry. The 3 PC bath on the upper level leads to a tucked laundry room. This suite includes parking and ensuite locker. A rare opportunity to own a serene, architecturally significant urban oasis. NOTE: the Other Room is the Dressing Room and the other one is the Outdoor Terrace offering a very private "L" shaped setting, You're a 6 min walk to the Summerhill station and 10 min walk to Bloor & Avenue Rd. This is a prime location for dining with destinations like Scaramouche and Terroni, while the best of Yonge & Summerhill are moments away. And the Cottingham Tennis Club will keep you active.

Key facts

Property type
Condo Apartment, 2-Storey
MLS®
C13585246
Bedrooms
2
Bathrooms
3 (1 half)
Size
1600-1799
Cross streets
Avenue Rd & Cottingham St
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$2,588/mo
Exposure
East
Property tax
$6,153 / 2025
Days on market
2
Listing brokerage
BOSLEY REAL ESTATE LTD.

Rooms

OtherMain6.71 × 7.91 m

wood · east view

KitchenMain2.43 × 5.49 m

heated floor · stainless steel appl · b/i appliances

OtherSecond1.53 × 4.07 m

hardwood floor · w/w closet · open concept

FoyerMain2.45 × 2.52 m

tile floor · double closet · 2 pc bath

Primary BedroomSecond3.37 × 5.86 m

hardwood floor · w/w closet · 5 pc ensuite

Bedroom 2Second2.82 × 5.21 m

hardwood floor · double closet · 3 pc bath

LockerMain2.27 × 3.21 m

tile floor · separate room · b/i shelves

Living RoomMain3.87 × 6.01 m

heated floor · open concept · w/o to terrace

LaundrySecond2.18 × 3.96 m

tile floor · separate room · b/i shelves

Dining RoomMain2.41 × 3.01 m

heated floor · open concept · w/o to terrace

Moe’s TakeTeam Asgarian · Broker
In the wider range
$1.66Mest. value

Listed at $1,699,000, this home is within the range of a wider set of listings, but with few close matches nearby, so worth confirming with a precise CMA. The number above is my independent estimate of value, not the asking price.

In Yonge-St. Clair lately, sellers have been getting about 96% of asking and homes sell in about 34 days.

There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.

Based on 8 similar homes nearby, adjusted for size, beds, and baths.Median of 8 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.33M, a bit lower.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, listed at $1.60M
  • Bedrooms −$46K
  • Bathrooms +$23K
  • Adjusts to $1.58M

That comparable adjusts to $1.58M; the $1.66M estimate above is the median of all 8 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

Its public catchment (Cottingham Junior Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

List price
$1.51MGreat deal$1.75MOverpriced

Total price vs nearby homes. Fair value about $1.66M, median of 8 comparables.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Sold as-is / needs work: budget for renovation, the price should reflect the condition. Weigh carefully
Comparable listingsCurrently listed nearby in Yonge-St. Clair · asking prices
$1.44Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

13-423 Avenue Road$1.20M805-61 St Clair Avenue$1.73M8-423 Avenue Road$1.40M306-63 St Clair Avenue$1.29M901-55 Delisle Avenue$1.60M

The 5 closest of 8 active listings nearby.

See all comparable homes
1.70MThis home1.20M1.73M1.40M1.29M1.60MThis home vs active comparables
Live market pulseActive comparables in Yonge-St. Clair · median list $688K
$1,000this home / sqft
37active listings nearby
2days on market
100sold nearby · 90 days
$683Kmedian sold price
96%of asking, on average

This home lists 5% above the area average of $953/sqft.

1 days longer than the Toronto average (1 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Yonge-St. Clair, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Bay Street Corridor
$471K
Church-Yonge Corridor
$561K
Waterfront Communities C1
$593K
Moss Park
$519K
Waterfront Communities C8
$700K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Cottingham Junior Public School
100%
Cottingham Junior Public SchoolPublic · Elementary · 0.2 km awayAmong the top in the GTA · 100% meet the provincial standard

Affordability & Mortgage

Affordability
$7,743/mo
$362KIncome needed
4.7×Price ÷ income
$1,787Weekly cost
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

71%mortgage
Mortgage $7,743Property tax $513Condo fee $2,588Total carry $10,844

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 23, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$7,253per month

Mortgage amount $1,359,200 · 4.14% over 25 years

$339,800Down payment (20.0%)
$1,359,200Loan before insurance
$0CMHC premium
$10,354Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,253
Property tax
$513
Condo / maintenance fees
$2,588
Heating
$0
Estimated monthly cost
$10,354

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$30,455
Toronto municipal land transfer tax
$30,455
Estimated closing costs
$60,910

Plus your down payment of $339,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$8,810/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$816,759Total interest paid
$2,175,959Total of all payments
Principal $1,359,200 Interest $816,759
YearPrincipalInterestBalance
1$31,841$55,197$1,327,359
2$33,173$53,865$1,294,185
3$34,561$52,478$1,259,625
4$36,006$51,032$1,223,618
5$37,513$49,526$1,186,106
6$39,082$47,957$1,147,024
7$40,716$46,322$1,106,308
8$42,419$44,619$1,063,888
9$44,194$42,845$1,019,694
10$46,042$40,996$973,652
11$47,968$39,070$925,684
12$49,975$37,064$875,709
13$52,065$34,973$823,644
14$54,243$32,795$769,401
15$56,512$30,527$712,889
16$58,876$28,163$654,014
17$61,338$25,700$592,675
18$63,904$23,134$528,771
19$66,577$20,461$462,195
20$69,362$17,677$392,833
21$72,263$14,775$320,570
22$75,286$11,753$245,284
23$78,435$8,604$166,849
24$81,716$5,323$85,134
25$85,134$1,905$0

At the end of your 5-year term

Total paid over the term
$435,192
Principal paid down
$173,094
Interest paid
$262,097
Balance remaining
$1,186,106

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$5,450/mo
$65,400Gross annual rent
1.2%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

3.8%
Gross yield
− Property tax $6,153− Condo fees $31,051− Insurance $600− Vacancy & upkeep $7,194Net operating income $20,402

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of BOSLEY REAL ESTATE LTD.. MLS®/PropTx.

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