318 - 40 Oaklands Avenue

St. Clair, Toronto

318 - 40 Oaklands Avenue, St. Clair, Toronto

$1,475,000


Bedrooms: 2

Bathrooms: 3

Living Area: 1,600 sqft

Price Per Sqft: $921.88


About this Condo

in St. Clair, Toronto

This truly exceptional two-story residence, offers nearly 1,800 square feet of refined living space-making it one of the largest in the building. Thoughtfully designed with both style and function in mind, this contemporary home showcases remarkable scale, 9-foot ceilings, and an airy, open feel throughout. High-quality renovation elevates the space with white oak hardwood floors, a reimagined fireplace, and a striking glass staircase enclosure. The sun-drenched main level is an entertainer's dream, featuring expansive principal rooms, a striking powder room, and a beautifully updated kitchen complete with stylish backsplash, stainless appliances w/induction cooktop & abundant cupboards. Western exposure fills the space with warm afternoon light and serene treetop sunset views. The lower level offers privacy and separation from the main living area which makes it feel more like a house. Oversized primary bedroom with a luxurious 5-piece ensuite, including a soaker tub, double vanity, & generous linen storage. Closet space is plentiful throughout, and the exceptionally large laundry/utility room-with additional fridge-provides rare and practical storage ideal for downsizers or those seeking extra space. Built in office alcove. The Oaklands is a luxury condo in one of the city's most coveted boutique buildings, quietly tucked into a picturesque, tree-lined enclave. The Building is a meticulously managed, predominantly owner-occupied building celebrated for its award-winning architecture, modernist aesthetic, and peaceful atmosphere. Residents enjoy a newly renovated atrium and beautifully landscaped, tranquil gardens that create a true sense of retreat in the heart of the city. Perfectly positioned just steps to the shops and boutiques of Summerhill, a short stroll to Bloor Street, & steps to the Rosedale subway station. Sophisticated, spacious, and effortlessly livable-this is elevated condo living at its finest. One owned parking space is included. Pet friendly!

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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