464 Oakwood Avenue

Introducing a remarkable opportunity for builders, renovators, house flippers, value-add investors, and first-time home buyers alike! This charming detached house for sale in Toronto is located at 464 Oakwood Avenue, Toronto, nestled within the welcoming community of Oakwood Village. With its prime location and promising features, this property is sure to attract a variety of interested parties.

The house for sale in Toronto boasts a generous lot size of 27 feet in width and 120 feet in depth, providing a total of 3,412 square feet of land, all under RM zoning. This zoning designation allows for a multitude of possibilities, making it an ideal investment for those looking to develop or enhance the property. The home itself is a two-storey building, featuring a classic combination of brick and vinyl siding on the exterior, which adds to its appeal.

Inside, the house for sale in Toronto comprises two well-proportioned bedrooms, making it suitable for small families or individuals looking for a comfortable living space. The property includes a total of two main rooms and three additional rooms, offering ample space for various uses. Although there is no den, the layout provides flexibility for those who wish to create a home office or additional living areas.

The house features three bathrooms, a significant advantage for larger families or those who frequently host guests. The kitchen is functional and well-equipped, although there is no additional kitchen present. The family room is a welcoming space, perfect for relaxation or entertaining, while the absence of a fireplace allows for a more modern aesthetic. Unfortunately, there is no central vacuum system or air conditioning, but the forced air heating system ensures comfort during the colder months.

One of the standout features of this property is the partially finished basement, which includes a separate entrance. This additional access point offers potential for future use, whether it be for extra living space, a rental unit, or a home office. The flexibility of this area can be a significant asset for prospective buyers looking to maximise the property's potential.

Parking is made convenient with a private driveway that accommodates one vehicle, although there is no garage space available. The property does not include a pool, but the expansive lot provides ample outdoor space for gardening, recreational activities, or future developments.

Situated just steps away from the Oakwood LRT Station at the intersection of Oakwood Avenue and Eglinton Avenue West, this house for sale in Toronto is ideally positioned for those who rely on public transport. The excellent transit connectivity enhances the property's appeal, making it an attractive option for future residents who value accessibility.

In addition to its many features, the property is fully approved and entitled for a fourplex, making it shovel-ready for your next project. This presents a unique opportunity for investors looking to capitalise on strong resale or rental potential in a thriving area. The family-friendly neighbourhood of Oakwood Village is particularly attractive to young families, further enhancing the desirability of this location.

In summary, this house for sale in Toronto at 464 Oakwood Avenue, Toronto, offers a wealth of opportunities for a variety of buyers. With its spacious lot, flexible living arrangements, and excellent location, it is a property that should not be overlooked. Whether you are a builder seeking your next project or a first-time home buyer looking for a welcoming community, this house for sale in Toronto is an excellent choice. Don’t miss out on the chance to make this property your own!

Oakwood Village, nestled in the vibrant city of Toronto, is a charming neighbourhood that beautifully blends urban convenience with a warm, community feel. Characterised by its tree-lined streets and a diverse array of shops, cafes, and restaurants, Oakwood Village offers residents a delightful mix of local culture and amenities. The area boasts excellent public transport links, making it easy to explore the wider city, while parks and green spaces provide a welcome respite from the hustle and bustle. With its rich history and a strong sense of belonging, Oakwood Village is an inviting place for those seeking a dynamic yet friendly environment to call home.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, catering to a range of academic needs. The closest school is D'Arcy McGee Catholic School, just 0.3 km away, offering English-language education for grades JK to 8, with a school rating of 3.2. Rawlinson Community School, located 0.7 km away, provides both English and French instruction for grades JK to 8, boasting a solid rating of 5.1. For secondary education, Forest Hill Collegiate Institute is situated 2.1 km from the property, although it currently has a rating of 0. Loretto College School, 1.6 km away, offers Catholic education for grades 9 to 12 and has a rating of 6. Additionally, St. John Bosco Catholic School, 0.9 km away, provides French-language instruction for grades JK to 6 with a commendable rating of 5.6. Lastly, Marshall McLuhan Catholic Secondary School, located 3.1 km away, offers French education for grades 9 to 12 and has a rating of 6.6. Overall, this area presents a diverse selection of public and Catholic schools, making it an attractive option for families prioritizing education.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 464 residents, with an average household size of 2.7 individuals. The demographic profile reveals an average age of 42 years and a robust average household income of $105,000, indicating a relatively affluent community. Notably, 7.6% of the population falls under the low-income category, while 44.3% of residents are single. Families are also prominent, with 44.44% of households containing children. The community is diverse, with a significant immigrant population comprising 45.95% of residents. Housing dynamics show that 25.64% of the population are renters, and condos make up 5.13% of the housing stock. The average property price in the area is approximately $960,000, reflecting the desirability of the location. Educational attainment is high, with 44.68% of residents holding a college or university degree. However, a considerable portion of the population, 32.98%, is not in the labor force, which may suggest a mix of retirees, students, or individuals engaged in other pursuits. Overall, this area presents a blend of affluence, diversity, and family-oriented living, making it an attractive option for potential buyers.