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571 Oakwood Avenue in Toronto for sale

Asking price
$1,150,000
MLS #:
C12676248
Type:
Detached, Bungalow
Approx. SQFT:
< 700
Basement:
Unfinished
25 x 110 ft lot
PROPERTY HISTORY
SIGN IN REQUIRED
List Date List Price Last Status Sold Date Sold Price Days On Market
0000-00-00 $00000 New N/A N/A N/A
0000-00-00 $00000 Sld May 19, 2024 $700,000

Listed by Elevate Realty Inc..

571 Oakwood Avenue is a Detached, Bungalow and is currently for Sale @ $1,150,000. Taxes in 2025 were $3,845.84.

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***ATTENTION BUILDERS & INVESTORS*** Prime multi-unit development opportunity at 571 Oakwood Ave in the heart of vibrant Oakwood Village. The Bungalow on 571 Oakwood Avenue has 0 bedrooms, 1 bathrooms, and is located on a 110 x 25 ft lot in the community of Oakwood Village . Committee of Adjustment approved site for a 3-storey, 10-unit residential multiplex with 6 rooftop terraces, offering approx. 6,500 sq ft GFA on an 82' x 20' building footprint. Situated on a 25' x 110' lot along a major street within an MTSA, this property benefits from exceptional transit access with bus service at the door, a 3-minute walk to the Oakwood LRT station, and an 11-minute walk to Eglinton West subway station, plus close proximity to schools, parks, library, shops, and community amenities. Survey and committee-approved plans available, with all documentation to date to be provided by the seller. Site is shovel-ready, requiring only building permit submission. For savvy developers, there may be potential to pursue additional as-of-right density under the City of Toronto's evolving housing policies. Current designs project an estimated NOI of $232,500/year upon completion. A rare opportunity to deliver a mid-rise residential project in a high-demand, transit-oriented west-end location.

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The address 571 Oakwood Avenue was listed for sale (MLS# C12676248) on Thursday, January 08, 2026.

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  • Date Listed: Thursday, January 08, 2026
  • Listing Brokerage: Elevate Realty Inc. - Disclaimer: The information contained in this listing has not been verified by Elevate Realty Inc. and should be verified by the buyer.
  • City: Toronto

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  • Neighbourhood: Oakwood Village
  • Major Intersection: Eglinton & Oakwood
  • Full Address: 571 Oakwood Avenue, Toronto, M6E 2X6, Canada, ON, Canada
  • Amenities:
  • Taxes: $3,845.84 (2025)

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