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494 OAKWOOD AVENUE W, Toronto (Oakwood Village) — listed at $999,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
A detached home with a double garage and more than 60 years of family history, 494 Oakwood Avenue is ready for its next chapter. Well maintained by the same family since 1960, this two-storey home offers three bedrooms, two bathrooms and inviting spaces to enjoy now while making updates over time.A second kitchen and separate walk-out on the lower level add flexibility for extended family or a home office. The detached double garage, accessed from the laneway, provides parking and valuable extra storage.Enjoy the convenience of nearby transit, parks, schools, cafés and neighbourhood shops. Bring your ideas and make this long-loved home your own. (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Foyer | Main level | 2.24 x 1.84 meters |
| Utility room | Lower level | 2.71 x 1.59 meters |
| Bathroom | Lower level | 1.8 x 1.16 meters |
| Kitchen | Main level | 5.04 x 2.98 meters |
| Bathroom | Second level | 2.41 x 1.89 meters |
| Primary Bedroom | Second level | 3.68 x 3.53 meters |
| Bedroom 2 | Second level | 3.56 x 3.24 meters |
| Laundry room | Lower level | 3.55 x 2.82 meters |
| Kitchen | Lower level | 3.35 x 3.14 meters |
| Bedroom 3 | Second level | 3.44 x 3.24 meters |
| Cold room | Lower level | 5.06 x 1.82 meters |
| Recreational, Games room | Lower level | 5.06 x 5.06 meters |
| Dining room | Main level | 3.4 x 3.06 meters |
| Living room | Main level | 3.3 x 3.06 meters |
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $4,803.37, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
Could this work as an investment property?+
The basement description mentions: Finished, Separate entrance, Walk out, N/A, N/A. If it has a separate entrance, there may be rental income potential — but verify zoning and whether a legal second unit is permitted in Toronto (Oakwood Village) before counting on it.
How is the home heated? Is it efficient?+
Heating is forced air, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
Is there air conditioning?+
Yes — central air conditioning cooling is in place.
Does it have a basement, and is it finished?+
Yes — Finished, Separate entrance, Walk out, N/A, N/A. A finished basement adds meaningful living space beyond the listed square footage.
How is the space laid out across floors?+
This is a 2-storey single family. The 4 bedrooms and 2 bathrooms are typically split with living areas on the main floor and bedrooms above — confirm the exact layout during a showing.
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