337 - 40 Oaklands Avenue

St. Clair, Toronto

337 - 40 Oaklands Avenue, St. Clair, Toronto

$1,445,000


Bedrooms: 2

Bathrooms: 3

Living Area: 1,400 sqft

Price Per Sqft: $1,032.14


About this Condo

in St. Clair, Toronto

Positioned at the confluence of Summerhill, The Annex and Yorkville, The Oaklands is one of midtown Toronto's most coveted buildings - a luxury offering situated within a quiet, tree-lined pocket offering privacy rarely found this close to the city's core. Designed by the esteemed partnership of Macy DuBois and Helga Plumb, the building is an award-winning example of late-stage modernism, defined by strong horizontal lines, clay tile detailing, and a perfect marriage of architecture, light, and landscape. Subtle references to Frank Lloyd Wright are felt rather than stated, giving the building a warmth and permanence that has aged exceptionally well. Suite 337 is a refined two-storey residence offering nearly 1,600 square feet of well-scaled living space, complemented by both a private terrace and balcony. It lives more like a townhome than a condominium, with separation between entertaining and private quarters. The main level is open and inviting. A newly renovated kitchen features Fisher & Paykel appliances, stone countertops, and streamlined cabinetry that flows naturally into the living and dining areas. Floor-to-ceiling windows bring in morning light and open to an east-facing terrace - an ideal spot for coffee, reading, or quiet evenings at home. A discreet powder room and custom built-in millwork complete the level. The lower level is calm and private. The primary suite includes a walk-through dressing area, a spacious ensuite, and direct access to the balcony, shared with a generously sized second bedroom suitable for guests, work, or creative pursuits. A dedicated laundry and storage room, along with a comfortable reading nook, adds day-to-day ease. Thoughtfully updated, Suite 337 offers space, privacy, and architectural integrity - an ideal next chapter for those seeking quality. Set within the Cottingham School District and surrounded by Summerhill's historic streetscapes, 40 Oaklands Avenue remains a quietly significant address with enduring appeal.

Listed by ROYAL LEPAGE REAL ESTATE SERVICES HEAPS ESTRIN TEAM.


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LAND TRANSFER TAX CALCULATOR


Purchase Price  
First-Time Home Buyer

Ontario Land Transfer Tax
Toronto Land Transfer Tax

Province of Ontario (effective January 1, 2017)

For Single Family or Two Family Homes

  • Up to and including $55,000.00 -> 0.5%
  • $55,000.01 to $250,000.00 -> 1%
  • $250,000.01 to $400,000 -> 1.5%
  • $400,000.01 & $2,000,000.00 -> 2%
  • Over $2,000,000.00 -> 2.5%

First-time homebuyers may be eligible for a refund of up to $4,000.

Source: Calculating Ontario Land Transfer Tax
Source: Ontario Land Transfer Tax for First-Time Homebuyers

City of Toronto (effective March 1, 2017)

For Single Family or Two Family Homes

  • Up to and including $55,000.00 -> 0.5%
  • $55,000.01 to $250,000.00 -> 1%
  • $250,000.01 to $400,000 -> 1.5%
  • $400,000.01 & $2,000,000.00 -> 2%
  • Over $2,000,000.00 -> 2.5%

First-time homebuyers may be eligible for a rebate of up to $4,475.

Source: Municipal Land Transfer Tax Rates and Calculations
Source: Municipal Land Transfer Tax Rates Rebate Opportunities


MORTGAGE CALCULATOR


     
Asking Price: Interest Rate (%):
Amortization:  
Percent Down:
Down Payment:
First Mortgage:
CMHC Prem.:
Total Financing:
Monthly P&I:
* This material is for informational purposes only.

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