494 Oakwood Ave W

Toronto, ON M6E 2W7
  • $1,150,000

    Price
  • 4

    Bed
  • 2

    Bath
  • 1,100

    SqFt

About the Listing 498700 -

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.

Listing Highlights

Status Active
Days on Site 7
Property Type Residential
MLS ® C13235378
Year Built
Total Square Footage 1,100
Lot/Acreage N/A
County Toronto
Neighborhood Oakwood Village

Interior Details

  • Bedrooms: 4
  • Bathrooms: 2 Full
  • Appliances:
  • Air Cond: Central Air
  • Heating: Gas
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement: Finished with Walk-Out,Separate Entrance
  • Other: Auto Garage Door Remote,In-Law Capability,Carpet Free,Water Heater,2 Kitchens
  • Water:

Exterior Details

  • Garage Capacity: 2 car
  • Roof: Asphalt Shingle,Shingles
  • Others: Greenbelt/Conservation,Hospital,Library,Park,Place Of Worship,Rec./Commun.Centre
  • Sewer: Sewer
  • Parking Features: Available,Lane,Private Double,Detached,Has Garage

Financial Details

  • Tax Amount: $4,803
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 104530212
  • Tax Year: 2026

Payment Calculator

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Questions About..

494 Oakwood Ave W Toronto, ON M6E 2W7

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