494 Oakwood Avenue W, Toronto, ON M6E 2W7
Toronto C03
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.
Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.
Walkability, transit, and bike-friendliness for 494 Oakwood Avenue W, Toronto, ON M6E 2W7
Provided by Walk Score®. Walk Score, Transit Score, and Bike Score are trademarks of Walk Score.
MLS# C13235378
Listed by RE/MAX ULTIMATE REALTY INC.
On market since Jun 3, 2026
494 Oakwood Avenue W, Toronto, ON M6E 2W7 is listed for $1,049,000 CAD.
494 Oakwood Avenue W, Toronto, ON M6E 2W7 has 4 bedrooms and 2 bathrooms.
494 Oakwood Avenue W, Toronto, ON M6E 2W7 is a Detached.
494 Oakwood Avenue W, Toronto, ON M6E 2W7 is in Toronto C03, Ontario.
494 Oakwood Avenue W, Toronto, ON M6E 2W7 is currently for sale.
Contact Michael Mezheritsky to arrange a private showing of 494 Oakwood Avenue W, Toronto, ON M6E 2W7 (MLS# C13235378). You can also send a message through the contact form on this site.
