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New3 hours ago

494 Oakwood Avenue W

Oakwood Village, Toronto

$999,000

Detached|2-Storey
3 | 2 | 3
About this home

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.

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$4,803
Lot Size20 ft x 110 ft
mls© NumberC13827912
Listed ByRE/MAX ULTIMATE REALTY INC.

Listing History

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  • No recent lease history for this listing.

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Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$5,113
Property tax
$400
Heat allowance
$150
Housing costs
$5,664 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $199,800
25-yr amortization

Income needed

$174,000

gross annual household income

Payment at 4%
$4,204 / mo
Cash down
$199,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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