388 Oakwood Avenue, Toronto, ON M6E 2W3
Oakwood Village, Toronto · Near Oakwood Ave/ Rogers Rd · View map
About this home
Located in the heart of vibrant Oakwood Village, approximately 7 km from the CN Tower, this stunning custom-designed and fully renovated home offers over 2,700 sq. ft. of beautifully finished living space. Every detail has been thoughtfully designed with premium finishes, including wide-plank oak floors, custom millwork, designer lighting, heated bathroom floors, spray foam insulation for added comfort and quiet, and a bright open-concept layout perfect for modern living. The showpiece kitchen features high-end stainless steel appliances, a built-in oven and microwave, an oversized island with seating, and flows seamlessly into the spacious living and dining areas with a custom linear fireplace. Upstairs you'll find generous bedrooms with custom closets, second-floor laundry, and beautifully finished bathrooms. What makes this home truly special is its flexibility. The home has successfully generated strong monthly revenue as a short-term rental. Whether you choose to live in the upper levels while generating income from the lower level or maximize the property's investment potential, this home offers a variety of lifestyle. With ample rear parking and just minutes to the subway, parks, cafés, restaurants, and shopping, this is a rare opportunity to own a luxury home that offers exceptional style, flexibility, and proven income potential.
The home
- Type
- 2-storey detached home
- Style
- 2-Storey
- Square footage
- 1500-2000 sq ft
- Bedrooms
- 3
- Basement bedrooms
- 1
- Bathrooms
- 4
- Kitchens
- 2
- Rooms
- 10
- Basement
- Finished, Separate Entrance
- Lot size
- 25 x 99 ft
- Faces
- West
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Metal/Steel Siding, Stucco (Plaster)
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Forced Air
- Air conditioning
- Central Air
- Fireplace
- Yes
Garage & parking
- Driveway spaces
- 2
- Total parking
- 2
- Parking features
- Mutual
Taxes & other
- Property taxes
- $7,073/yr
- Tax year
- 2025
- Occupancy
- Owner
- Possession
- 30-60 Days
- Cross street
- Oakwood Ave/ Rogers Rd
- Neighbourhood
- Oakwood Village
More
- Price per sq ft
- ~$1,057 (at 1,750 sq ft)
- MLS® number
- C13649186
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The home and its surroundings
- Carpet Free
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax and Toronto municipal land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
388 Oakwood Avenue, Toronto, ON M6E 2W3
Oakwood Village, Toronto · Near Oakwood Ave/ Rogers Rd
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Listing history for 388 Oakwood Avenue
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 388 Oakwood Avenue
Answers come straight from this home’s MLS® listing.
How much is 388 Oakwood Avenue listed for, and what would it cost each month?
388 Oakwood Avenue is listed for $1,849,999. With 20% down ($370,000), the mortgage payment would be roughly $7,462 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $8,052 a month, all in. That figure is an illustration, not a quote.
Is 388 Oakwood Avenue freehold or a condo, and is there a monthly fee?
388 Oakwood Avenue is a 2-storey detached home in Oakwood Village, Toronto. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 388 Oakwood Avenue have?
388 Oakwood Avenue has 3 bedrooms, plus 1 more bedroom in the basement, and 4 bathrooms.
Does 388 Oakwood Avenue have a garage and parking?
The listing does not show a garage. The driveway adds 2 spaces. In total the listing counts 2 parking spaces.
Does 388 Oakwood Avenue have a finished basement?
The listing describes the basement as finished, separate entrance. It counts 1 bedroom on that level. Finished basement space is usually not counted in the square footage shown. A listing description is not proof of a legal second unit, so confirm zoning and permits with the municipality before counting on rental income.
What style of home is 388 Oakwood Avenue?
388 Oakwood Avenue is a 2-storey detached home. A 2-storey detached house has its living space on the main floor and the bedrooms upstairs, on its own lot with no shared walls.
How big is 388 Oakwood Avenue, and what is the lot size?
The listing puts the home between 1,500 and 2,000 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 25 x 99 ft.
How is 388 Oakwood Avenue heated and cooled?
Heating is forced air (gas). Cooling is central air.
What are the property taxes for 388 Oakwood Avenue?
Property taxes are $7,073 a year (2025), or about $589 a month.
Where is 388 Oakwood Avenue?
388 Oakwood Avenue is in the Oakwood Village community of Toronto. The nearest main intersection is Oakwood Ave/ Rogers Rd. The postal code is M6E 2W3.
Is 388 Oakwood Avenue still for sale?
Yes. It is an active listing (MLS® C13649186). Listings here update from the board through the day and come down once a home sells.
What are similar detached homes near 388 Oakwood Avenue asking?
Similar detached homes for sale nearby right now include 67 Oakwood Avenue at $1,758,000 (5+1 bed), 209 Atlas Avenue at $1,689,000 (3+1 bed) and 676 Vaughan Road at $1,499,000 (3+1 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 388 Oakwood Avenue sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 388 Oakwood Avenue?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar detached homes nearby
More detached homes for sale near Oakwood Village, picked by style, size and price.
2-storey detached home$1,758,00067 Oakwood Avenue, Toronto5+1 bed · 3 bath · WychwoodCourtesy of: PSRView home →
2-storey detached home$1,689,000209 Atlas Avenue, Toronto3+1 bed · 4 bath · Oakwood VillageCourtesy of: CHESTNUT PARK REAL ESTATE LIMITEDView home →
2-storey detached home$1,499,000676 Vaughan Road, Toronto3+1 bed · 4 bath · Oakwood VillageCourtesy of: SUTTON GROUP-ADMIRAL REALTY INC.View home →Courtesy of: HOMELIFE/MIRACLE REALTY LTD
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.