203 - 40 Oaklands Avenue

St. Clair, Toronto

203 - 40 Oaklands Avenue, St. Clair, Toronto

$825,000


Bedrooms: 1

Bathrooms: 1

Living Area: 700 sqft

Price Per Sqft: $1,178.57


About this Condo

in St. Clair, Toronto

40 Oaklands is a quietly admired boutique building in the heart of Summerhill - known for its strong sense of community, exceptional walkability, and discreet, secure atmosphere. One-bedroom suites here are seldom available, and true single-level living with no interior stairs is especially rare. Beautifully renovated by RTG Designs in 2017, this thoughtfully designed suite centres around a custom kitchen with an oversized island and integrated dining extension, opening to a bright living area with tailored built-ins and a walk-out to a private east-facing balcony set among the trees. Custom millwork continues throughout, including a built-in sideboard with wine fridge, media centre, and bookshelves. The spacious bedroom features a walk-in closet and access to a carefully finished bathroom with heated marble basketweave floors and classic white subway tile. Wide-plank white oak floors run throughout. A generous laundry and storage room adds everyday practicality rarely found in suites of this scale. Includes parking and locker. Easily accessed from the lobby yet quietly positioned within the building-an ideal combination of convenience and privacy. The Oaklands is a well-managed, pet-friendly boutique residence with part-time concierge (1-9 pm), visitor parking, bike storage, and car wash. EV charging installation permitted. Maintenance fees include cable and internet. Low property taxes. A calm, turnkey home just steps to Summerhill's shops, restaurants, parks, and transit-within one of the neighbourhood's most special boutique buildings.

Listed by CHESTNUT PARK REAL ESTATE LIMITED.


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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:
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* This material is for informational purposes only.

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