$1,150,000
FOR SALE

Detached 2-Storey

Bedrooms: 4Bathrooms: 2Lot: 20 x 110 ft
2026 Taxes: $4,803.37

494 Oakwood Ave W
Toronto, ON M6E 2W7 | Oakwood Village

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.
Extras
Auto Garage Door Remote, In-Law Capability, Carpet Free, Water Heater
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Listed By RE/MAX ULTIMATE REALTY INC.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number C13235378
Last Updated Jun 03, 2026
Property Summary
Property Type Detached

More like this:
PIN 104530212
Legal Description LT 3 PL 1396 TWP OF YORK S/T & T/W CY468325; TORONTO (YORK) , CITY OF TORONTO
Possession Date TBA
Taxes (2026) $4,803.37
Directions/Cross Streets OAKWOOD AVE & VAUGHAN RD
Neighbourhood Oakwood Village
Area Toronto
Price History

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Detailed Information
Fronting On West
Special Designations Unknown
Included Cable TV
Bedrooms 4
Bathrooms 2
Lot 20 x 110 ft
Exterior Brick
Air Conditioning Central Air
Basement Finished with Walk-Out, Separate Entrance
Garage Type Detached
Garage/Park Spaces Y
Parking Spaces 1
Heat Source Gas
Heat Type Forced Air
Sewers Sewer

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