494 Oakwood Avenue W, Toronto C03, ON M6E 2W7
$1,150,000
$1,150,000

494 Oakwood Avenue W

Oakwood Village, Toronto $1,150,000

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4 Beds
2 Baths
1100-1500 sqft
Detached Garage
Parking for 1
West Facing
MLS®#:
C13235378
Property Type:
Detached
Property Style:
2-Storey
Area:
Toronto
Community:
Oakwood Village
Taxes:
$4,803.37 / 2026
Added:
June 03 2026
Lot Frontage:
20
Lot Depth:
110
Status:
Active
Outside:
Brick,Aluminum Siding
Year Built:
Basement:
Finished with Walk-Out,Separate Entrance
Brokerage:
RE/MAX ULTIMATE REALTY INC.
Lot :

110

20

Intersection:
OAKWOOD AVE & VAUGHAN RD
Rooms:
Bedrooms:
4
Bathrooms:
2
Fireplace:
Utilities
Water:
Municipal
Cooling:
Central Air
Heating Type:
Forced Air
Heating Fuel:
Kitchen 5.04 x 2.98m
Ceramic Floor , Window , Walk-Out
Main Level
Dining Room 3.4 x 3.06m
Ceramic Floor , Window , Chair Rail
Main Level
Living Room 3.3 x 3.06m
Hardwood Floor , Window , French Doors
Main Level
Foyer 2.24 x 1.84m
Ceramic Floor , Chair Rail , Wood Trim
Main Level
Primary Bedroom 3.68 x 3.53m
Hardwood Floor , Window , Walk-In Closet(s)
Second Level
Bedroom 2 3.56 x 3.24m
Hardwood Floor , Window , Double Closet
Second Level
Bedroom 3 3.44 x 3.24m
Hardwood Floor , Window , Closet
Second Level
Bathroom 2.41 x 1.89m
Ceramic Floor , Window , 4 Pc Bath
Second Level
Recreation 5.06 x 5.06m
Laminate , Window , Panelled
Lower Level
Kitchen 3.35 x 3.14m
Ceramic Floor , Ceramic Backsplash , Custom Counter
Lower Level
Cold Room/Cantina 5.06 x 1.82m
Ceramic Floor , Window , B/I Shelves
Lower Level
Laundry 3.55 x 2.82m
Ceramic Floor , Window , W/O To Garden
Lower Level
Utility Room 2.71 x 1.59m
Ceramic Floor , Fluorescent , Separate Room
Lower Level
Bathroom 1.8 x 1.16m
Ceramic Floor , Window , 3 Pc Bath
Lower Level

Listing Details

A rare opportunity to put down roots, create equity, and invest in your future. Lovingly maintained by the same family since 1960, this detached 2-storey home offers the space, flexibility, and potential that today's buyers are searching for. Featuring 3 bedrooms, 2 bathrooms, 2 kitchens, and two separate walk-outs, the home is ideal for first-time buyers looking to offset mortgage costs with potential basement rental income, growing families ready to move up from a condo, bungalow, or rental property, and renovators seeking a well-cared-for home to customize and add value. The spacious layout provides comfortable family living today while offering exciting possibilities for tomorrow. The separate basement access and second kitchen create flexibility for extended family, in-law living, or income-generating opportunities. Situated on a desirable lot with a rare double-car garage accessed by laneway, the property also offers future development potential, including the possibility of a laneway suite and potential forplex conversion, subject to all required approvals. While some cosmetic updates may be desired, this solid, well-maintained home presents an exceptional opportunity to renovate at your own pace and create something truly special. Conveniently located near TTC bus routes, the Eglinton LRT, Eglinton West Station, St. Clair West Station, and Christie Station, as well as parks, schools, shopping, and neighbourhood amenities. Whether you're a first-time buyer, growing family, renovator, or investor, this is a property that offers immediate livability, long-term value, and exceptional future potential.

ALL ELECTRICAL LIGHT FIXTURES, ALL WIN DOW COVERINGS, ALL APPLIANCES, CENTRAL AIR CONDITIONING, FURNACE (UPGRADED 4 YEARS AGO), AUTOMATIC GARAGE DOOR OPENER WITH REMOTE

Insights

  1. Spacious and Versatile Layout: This detached 2-storey home features 4 bedrooms and 2 kitchens, making it ideal for families, first-time buyers, or investors looking for rental income opportunities. The separate basement access and second kitchen provide flexibility for in-law living or generating additional income.
  2. Future Development Potential: The property sits on a desirable lot with a rare double-car garage and offers potential for a laneway suite or plex conversion, subject to approvals. This presents an excellent opportunity for long-term value appreciation.
  3. Prime Location: Conveniently located near public transit options (TTC bus routes, Eglinton LRT, and multiple subway stations), parks, schools, and shopping amenities, this property offers both immediate livability and accessibility to essential services.

Property Features

Greenbelt/Conservation
Hospital
Library
Park
Place Of Worship
Rec./Commun.Centre

Sale/Lease History of 494 Oakwood Avenue W

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Neighborhood Overview

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Oakwood Village home prices

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* Data is provided courtesy of TRREB (Toronto Regional Real-estate Board)