trreb/IMG-C13235378_1.jpg
5 hours on Market

494 Oakwood Ave, Toronto, Ontario M6E 2W7

Detached
3 + 1
2
~1100-1500 sqft
$1,150,000
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Detached
3 + 1
2
~1100-1500 sqft

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Highlights

Property Estimate

Days on market5 hours

Estimated valueNot available

Price/Sqft$906/sqft

Monthly cost

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Description

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.


Property Details

Style2-Storey
View-
Age of property-
SqFt~1100-1500 SqFt
Lot Size2,200 SqFt(110 x 20)
Parking Spaces3
MLS ®NumberC13235378
Community NameFairbanks
Data SourceTRREB
Listing byRE/MAX ULTIMATE REALTY INC.

Features

Heating: Forced Air
Cooling: Central Air
Basement: Fin W/O, Sep Entrance

Main Floor

Dining

3.4 x 3.06

Ceramic Floor / Window / Chair Rail

Foyer

2.24 x 1.84

Ceramic Floor / Chair Rail / Wood Trim

Kitchen

5.04 x 2.98

Ceramic Floor / Window / Walk-Out

Living

3.3 x 3.06

hardwood floor / Window / French Doors


Features

Lot size: 2,200 SqFt

Parking

Garage spaces 2

Garage type Detached

Other parking spaces 1

Total parking spaces 3


Property History

Jun 3, 2026
ListedActive
$1,150,000
5 hours on market
history photo preview33
Listing by trreb®
Property listed by RE/MAX ULTIMATE REALTY INC., Brokerage
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Market Data - Fairbanks

Geo Zone Map ThumbnailFairbanks

Seller's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

22 days

Compared to

2025

21 days

2024

11 days

2023

22 days

New Listings

Past 30 days

25 listings

Compared to

2025

40 listings

2024

33 listings

2023

31 listings

Units sold

Past 30 days

14 units

Compared to

2025

16 units

2024

12 units

2023

14 units

Median Sold Price

Past 30 days

$938,250

Compared to

2025

$954,500

2024

$966,500

2023

$1,267,500


Population and Demographics

Overview

Total population 17400
Average household income $111,708

Age (%)

0 to 19
18%
20 to 34
22%
35 to 49
22%
50 to 64
21%
65 and plus
17%

Household composition (%)

Single family
61%
Single person
31%
Multi person
7%
Multi family
1%

Mother tongue (%)

English
50%
Portuguese
19%
Spanish
9%
Tagalog (Pilipino, Filipino)
6%
Italian
5%
Others
4%
Vietnamese
1%

House tenancy (%)

Owners
52%
Renters
48%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget