494 Oakwood Avenue W, Toronto, ON M6E 2W7
Toronto C03, ON, M6E 2W7 · Oakwood Village
About this property
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.
Features & Amenities
- Basement: Finished with Walk-Out, Separate Entrance
- Garage: Detached
- Cooling: Central Air
- Heat Type: Forced Air
- Heat Source: Gas
- Style: 2-Storey
- Construction: Brick, Aluminum Siding
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Detached |
| Architectural Style | 2-Storey |
| Bedrooms | 4 |
| Bathrooms | 2 |
| Basement | Finished with Walk-Out, Separate Entrance |
| Garage | Detached |
| Parking Spaces | 1 |
| Heat Type | Forced Air |
| Heat Source | Gas |
| Cooling | Central Air |
| Sewer | Sewer |
| Annual Tax | $4,803 |
| Tax Year | 2026 |
Interior Features
- Interior Features
- Auto Garage Door Remote, In-Law Capability, Carpet Free, Water Heater
Exterior Features
- Pool Features
- None
Building & Construction
- Architectural Style
- 2-Storey
- Construction Materials
- Brick, Aluminum Siding
- Foundation Details
- Block
- Roof
- Asphalt Shingle, Shingles
- Basement
- Finished with Walk-Out, Separate Entrance
Heating & Cooling
- Heat Type
- Forced Air
- Heat Source
- Gas
- Cooling
- Central Air
Parking & Garage
- Garage Type
- Detached
- Garage
- Yes
- Parking Spaces
- 1
- Parking Total
- 3.00
- Parking Features
- Available, Lane, Private Double
- Covered Spaces
- 2
Lot & Land
- Lot Size Units
- Feet
- Lot Depth
- 110.00
- Lot Width
- 20.00
Community & Neighborhood
- Property Features
- Greenbelt/Conservation, Hospital, Library, Park, Place Of Worship, Rec./Commun.Centre
Financial & Tax
- Tax Annual Amount
- $4,803
- Tax Year
- 2026
- Possession Type
- Flexible
- Possession Details
- TBA
Utilities & Services
- Sewer
- Sewer
Room Details
- Rooms Above Grade
- 6
- Rooms Below Grade
- 3
- Kitchens Above Grade
- 2
- Kitchens Total
- 2
- Bedrooms Above Grade
- 3
- Bedrooms Below Grade
- 1
Additional Details
- Occupant Type
- Owner
- Direction Faces
- West
- County Or Parish
- Toronto
- Cross Street
- OAKWOOD AVE & VAUGHAN RD
- Directions
- OAKWOOD AVE & VAUGHAN RD
- Special Designation
- Unknown
- Showing Requirements
- Lockbox, List Brokerage
Location
494 Oakwood Avenue W, Toronto, ON M6E 2W7, Toronto C03, ON, M6E 2W7