107-40 Oaklands Avenue, Toronto, ON
Yonge-St. Clair, Toronto · MLS® C13585246
About this home
In short
- 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...
- 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...
- Scandinavian-inspired open concept design emphasizing simplicity, functionality and a strong connection to nature with panoramic windows and 2 direct terrace walk-outs.
- 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 rare opportunity to own a serene, architecturally significant urban oasis.
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 sq ft
- 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
- 91
- Listing brokerage
- BOSLEY REAL ESTATE LTD.
Rooms
wood · east view
heated floor · stainless steel appl · b/i appliances
hardwood floor · w/w closet · open concept
tile floor · double closet · 2 pc bath
hardwood floor · w/w closet · 5 pc ensuite
hardwood floor · double closet · 3 pc bath
tile floor · separate room · b/i shelves
heated floor · open concept · w/o to terrace
tile floor · separate room · b/i shelves
heated floor · open concept · w/o to terrace
Listed at $1,599,000. Going by how homes in Yonge-St. Clair and the wider GTA have actually closed against their asking prices (about 98%, 24 local closings in 90 days), the likely sale price is near $1.56M, if it sells. A realistic range is $1.47M to $1.69M.
Independent value check: $1.42M. Without looking at the asking price, our model values the home itself about 11% below the ask (homes like it typically land between $1.32M and $1.49M).
Why $1.42M. The typical condo sold in Yonge-St. Clair over the past year went for about $869K (90 sales). What sets this one apart:
- ▲ Raises it stronglyIt is 1,600 to 1,799 sq ft; the typical home sold here is 1,000 to 1,199.
- ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $6,153 a year; the typical home sold here pays about $4,800.
- ▲ Raises itIts maintenance fee is $2,588 a month; the typical unit sold here pays about $1,310.
Longer on the market than typical. 91 days on the market against about 43 for homes like it here, and asking 13% above where comparable closings put it.
Total price vs nearby homes. Likely closing about $1.56M, from 24 recent closings in this pocket.
The market behind the math:
About 3.9 months of inventory: 31 condo apartment homes for sale in the area against 24 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $941/sqft against an area asking average of $914/sqft.
How this estimate is builtthe short version
This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood and this building.
It never sees the asking price. The 24 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.44M. Condition and finishes remain an in-person call.
What the listing highlights3 points to weigh
Claims from the listing, worth confirming in person. I can 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
Schools & getting aroundcatchment and transit
Its public catchment (Cottingham Junior Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
Read this with carewhy it’s an estimate, not an appraisal
Priced above comparable homes overall, but the price per square foot ($941/sqft) is in line with the area, so you are paying for extra space rather than a premium.
There were not many closely comparable homes right in Yonge-St. Clair, so I widened the search to the surrounding area.
Based on 7 homes sold in this building over the past two years, from 177 closings in Yonge-St. Clair.
For sale
For sale
For sale
For sale
For sale
For sale
For sale
For saleNothing closely matching this home is listed nearby right now, so these are the nearest condo apartment listings on the market. Homes like this one have recently closed around $1.42M, which is where my estimate comes from.
Per square foot, these ask about $797/sqft; this home lists at $941/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 active listings nearby.
See all comparable homesSold price trend
Median sold price for condos in Yonge-St. Clair: $1.78M in September 2026, down 5% from a year ago, on 76 closings in 10 months.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $1.13M | 13 |
| November 2025 | $1.10M | 5 |
| December 2025 | $747K | 5 |
| January 2026 | $930K | 5 |
| February 2026 | $825K | 5 |
| March 2026 | $1.00M | 7 |
| April 2026 | $1.23M | 7 |
| May 2026 | $693K | 9 |
| July 2026 | $810K | 14 |
| September 2026 | $1.78M | 6 |
Neighbourhood & location
Yonge-St. Clair, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Also nearby: 12 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
Affordability & Mortgage
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.
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
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.
Mortgage amount $1,279,200 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $7,073
- Property tax
- $513
- Condo / maintenance fees
- $2,588
- Heating
- $0
- Estimated monthly cost
- $10,174
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $28,455
- Toronto municipal land transfer tax
- $28,455
- Estimated closing costs
- $56,910
Plus your down payment of $319,800. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $424,375
- Principal paid down
- $156,295
- Interest paid
- $268,080
- Balance remaining
- $1,122,905
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 12 whole-home leases in Yonge-St. Clair signed at a median of $4,509 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,809. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of BOSLEY REAL ESTATE LTD.. MLS®/PropTx.