$1,088,000
For sale: Detached

**Great Opportunity for Builders, Investors, or First-Time Home Buyers to Create Their Dream Home!** This property offers endless possibilities-renovate, redesign, or build new in prime **Oakwood Village, north of St. Clair**. Surrounded by beautiful, cohesive architecture, this sought-after neighbourhood offers excellent long-term potential.Enjoy a welcoming community just steps to **Wychwood Barns, Farmers' Market, parks, excellent schools, public transit, restaurants, and Corso Italia**, with its vibrant food, culture, and music.**Excellent Development Potential:** A permit has been obtained for a **two-storey, three-bedroom home**, along with approval to **increase the basement height**. Buyers are advised to conduct their own due diligence regarding the existing permits, zoning, renovation/redevelopment potential, and all applicable municipal requirements.The existing home requires substantial renovation and may also be suitable for redevelopment or rebuilding. Property is being sold in its current condition on an **"as-is, where-is" basis**.**Front Pad Parking - Annual Fee: $301.63.** Virtually Designed Image - For Illustration Purposes Only.
Sold data
Homes in Oakwood Village took a median of 16 days to sell over the last 90 days, with the quickest quarter selling within 7 days and the slowest quarter taking more than 35, across 53 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 24 days.
The median sale price was $1,099,000.
Homes sold for about 3.5% below asking on average, so there was room to negotiate.
About 21% of sales closed above the list price.
Around 9% of sellers reduced their price before finding a buyer.
Based on 53 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Toronto (Oakwood Village) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale

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