For Sale: 494 Oakwood Avenue W, Toronto, ON - REW
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$1,150,000
3 + 1 bd • 2 ba • 1100 - 1500 sf • House
494 Oakwood Avenue W
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$1,150,000
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494 W Oakwood AvenueToronto, ON, M6E 2W7

Oakwood-Vaughan
  • 3 + 1 Bed
  • 2 Bath
  • 1100 - 1500 Sqft
  • House

About this home

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.
Listed by: Tony Mazza, Sales Representative, RE/MAX ULTIMATE REALTY INC.

Home facts and features

Price details
List Price
$1,150,000
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Gross Taxes for 2026
$4,803
Home facts
Bedrooms
3 + 1
Full Bathrooms
2
Parking Spaces
3
Parking Details
Available, Lane, Private Double
Property Type
House
Lot Size
20 ft x 110 ft (2200 ft²)
Depth
110.0
Frontage
20.0
Exterior Finish
Brick, Aluminum Siding
Heating Type
Forced Air, Gas
Cooling
Central Air
Basement Details
Finished with Walk-Out, Separate Entrance
Features
Alarm System, Greenbelt/Conservation, Hospital, Library, Park, Place Of Worship, Rec./Commun.Centre, Smoke Detector
Community
Agent details
Primary Agent
Tony Mazza
Primary Broker
RE/MAX ULTIMATE REALTY INC.
Listing details
Days on REW
9 Days
MLS® Number
C13235378
Source
Toronto Real Estate Board
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25 Years
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Property Insights

Oakwood Village Montessori School
  • Private
  • PS - 3
D'Arcy McGee Catholic School
  • Catholic
  • JK - 8
Vaughan Road Academy
  • Public
  • 9 - 12
J R Wilcox Community School
  • Public
  • JK - 8
St Thomas Aquinas Catholic School
  • Catholic
  • JK - 8
Lycée Français de Toronto
  • Private
  • PS - 12
Fairbank Public School
  • Public
  • JK - 8
Rawlinson Community School
  • Public
  • JK - 8
St John Bosco Catholic School
  • Catholic
  • JK - 8
Cedarvale Community School
  • Public
  • JK - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Sales Representative
TONY MAZZA
Phone:
416-871-5671
Office:
416-487-5131
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This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

By proceeding, you consent to receive communications using the methods provided, from REW.ca and our partners about your inquiry and other home-related matters to assist you in your search, but not as a condition of any purchase.