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Oakwood Lofts

361 Oakwood Ave, Toronto, ON M6E2W1

Type: Hard Loft
Avg/SF: $495
Number of Units: 86
Floors: 6
Built: 2007

361 Oakwood Avenue was the original home to the CIBC branch which has relocated across the street. The building is approximately 45-50 years-old built on solid concrete foundation and steal beams. The building still includes a concrete vault as part of unit 101 and a solid steal safe located in the building basement. Minutes to shopping, restaurants, & Corso Italia. Steps to TTC, subway and Crosstown LRT ready in 2016.  Minutes to Allan Rd & 401.

 

The maintenance fee has not increased in 10 years and the condo has positive cash flow each year to support various renovation and maintenance projects. All HVACs will be maintained prior to Dec 2014. In addition, building the common bike storage has been proposed for 2015, as well as other general maintenance items. New windows for all units have been proposed for 2016. Finally, all new HVACs units have been proposed for 2018/2019. Based on current projects, maintenance fee is projected to stay at the current level. Oakwood Lofts has lowest maintenance fee in GTA! TTC stops directly in front of building entrance with routes to Bloor, Ossington or Eglinton West Station (all within 15 minutes).

 

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OAKWOOD - VAUGHAN


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