388 Oakwood Ave, Toronto

Name: 388 Oakwood Avenue
SKU: C13649186
Price: 1849999 CAD
Availability: InStock

3 Bed, 3 Bath Detached Home in Toronto

About 388 Oakwood Avenue

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.

3 bedrooms, 3 bathrooms, about 1,500 sq ft, works out to roughly $1,233 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.

Inside 388 Oakwood Ave

Every detail from the listing, in one place.

Type: Detached
Style: 2-Storey
Living space: 1500-2000 sq ftas stated on the listing
Parking: 2 spaces
Basement: Finished, Separate Entrance

Features & systems

Parking & garage

Parking spaces: 2

Interior

Basement: Finished · Separate Entrance

Lot & land

Lot size (sqft): 0

Listing & possession

Property style: 2-Storey
Property class: Detached

388 Oakwood Ave Price & Sale History

Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.

Aug 7, 2026For saleListedThis listingMLS® C13649186$1,849,999

Sourced from MLS®. Includes earlier listings of this property on record.

What's it worth?

How 388 Oakwood Ave Compares to the Toronto Market

Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.

Zara’s estimate

Well Above Market· based on 15,688 recent sales

Value your own home →How accurate are Zara’s estimates?

Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works

Toronto market, last 90 days

Median sold price: $842,000
Average sold price: $1,080,877
Average days on market: 32
Homes sold: 9,226

Closed sales on the TRREB MLS®.

Full Toronto market report

Market pulse · Toronto

Toronto market

Median sold price$842,000Last 90 days
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio5138.8%On average, homes sold at or above asking.
Active listings12,273Homes for sale here right now.
Median vs prior 90 days+0.8%Compared with Apr 26 – Jul 25, 2026: prices up.

Based on 9,226 sales from Jul 25 – Oct 23, 2026 (6,811 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.

Recently sold nearby in Toronto

Sold prices are shown free to signed-in members, as board rules require.

6 nearby sales vs. this home

Closed sales from MLS®, compared with this home's asking price.

See what these homes actually sold for

Free with a Summitly account. Sign in once and sold prices unlock across the site.

Home	Sold price	$ / sqft	% of asking	Sold
This home388 Oakwood Avenue 3 bd · 3 ba · 1,500 sqft	$1,849,999asking	$1,233	—	—
92 Horsham Avenue 2 bd · 1 ba · 700 sqft
119 McNicoll Avenue 3 bd · 2 ba · 1,100 sqft
556 Davisville Avenue 3 bd · 2 ba · 1,100 sqft
308 Oriole Parkway 4 bd · 2 ba · 1,500 sqft
15 Monarchwood Crescent 3 bd · 2 ba · 1,100 sqft
10 Springbank Avenue 4 bd · 4 ba · 3,500 sqft

92 Horsham Avenue
2 bd · 1 ba · 700 sqft
119 McNicoll Avenue
3 bd · 2 ba · 1,100 sqft
556 Davisville Avenue
3 bd · 2 ba · 1,100 sqft
308 Oriole Parkway
4 bd · 2 ba · 1,500 sqft
15 Monarchwood Crescent
3 bd · 2 ba · 1,100 sqft
10 Springbank Avenue
4 bd · 4 ba · 3,500 sqft

Living in Toronto: Location & Amenities

Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.

Transit nearby

Stations and stops, straight-line distance

Oakwood StationLine 51.1 km14 min walk
Fairbank StationLine 51.2 km16 min walk
Cedarvale StationLine 1, Line 51.3 km16 min walk

Places from OpenStreetMap (© OpenStreetMap contributors) and Summitly's station list. Distances are straight-line, not routes.

Loading schools, parks, groceries and more nearby…

Transit

Oakwood Station (Line 5)14 min walk
Fairbank Station (Line 5)16 min walk
Cedarvale Station (Line 1, Line 5)16 min walk

Nearest subway, GO and LRT stations first, then bus and streetcar stops.

Oakwood Station
1.1 km14 minClosest· Line 5
Homes near Oakwood Station
Fairbank Station
1.2 km16 min· Line 5
Homes near Fairbank Station
Cedarvale Station
1.3 km16 min· Line 1, Line 5
Homes near Cedarvale Station

Straight-line distances from the listing; walking times assume about 80 m a minute. Places © OpenStreetMap contributors, a community-maintained map that may miss or misplace some places. Directions and place details open on Google Maps.

How long is your commute?

From 388 Oakwood Ave. Typical times without traffic delays; transit times aren't available yet.

Costs, Mortgage & Rental Return for 388 Oakwood Ave

What it could cost each month, today's rates from our mortgage partner, and what it could return as a rental.

Mortgage: $9,088; 20% down · 25 years · 5.5% assumed
Property tax: $1,018; 0.66% mill rate · ON
Total per month: $10,106; Before utilities, insurance and fees

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

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Monthly cost

Enter a rate to see the monthly cost

Down payment

Rate (%)

Years

An estimate, not a quote. Utilities and insurance are extra.

Affordability calculator

Estimated monthly payment

$9,088

/mo

based on the purchase price of $1,849,999

Down payment20%

$370,000 cash

Amortization25 yr

$1,479,999 financed

Rate5.50%

$1,246,548 total interest

Principal54%$1,479,999

Interest46%$1,246,548

20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

Want rate-drop alerts and a saved shortlist?

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

Rental income potential

Est. monthly rent

low–high

Gross yield

rent × 12 ÷ price

Cap rate (est.)

net of tax + fees

Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.

Book a tour of 388 Oakwood Ave with a licensed buyer's agent

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Questions About 388 Oakwood Ave

How much is 388 Oakwood Ave listed for?

388 Oakwood Ave is listed at $1,849,999 (MLS® C13649186). Summitly updates the price as soon as the MLS® record changes.

Is $1,849,999 a good price for 388 Oakwood Ave?

Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Toronto. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate

Has the price of 388 Oakwood Ave changed?

No — 388 Oakwood Ave is still listed at its original asking price of $1,849,999.

How many bedrooms and bathrooms does 388 Oakwood Ave have?

388 Oakwood Ave has 3 bedrooms and 3 bathrooms, with about 1,500–2,000 square feet of living space. It is a detached home in Toronto.

Is 388 Oakwood Ave close to transit?

The nearest rapid-transit station is Oakwood Station (Line 5), about 1.1 km (about a 14-minute walk) in a straight line. Fairbank Station is about 1.2 km (about a 16-minute walk), and Cedarvale Station is about 1.3 km (about a 16-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.

How much would the monthly mortgage be on 388 Oakwood Ave?

About $9,088 a month — principal and interest on $1,849,999 with 20% down ($370,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.

How does 388 Oakwood Ave compare with other homes in Toronto?

Its asking price of $1,849,999 is about 120% above the median sold price in Toronto over the last 90 days, $842,000, across 9,226 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.

Has 388 Oakwood Ave been sold before?

Summitly has no earlier MLS® sale or lease of 388 Oakwood Ave on record from the last two years. Older records aren't shown under TRREB rules.

Where is 388 Oakwood Ave?

388 Oakwood Ave is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.

How long has 388 Oakwood Ave been on the market?

77 days — 388 Oakwood Ave was listed on August 7, 2026.

What is the price per square foot of 388 Oakwood Ave?

About $925 to $1,233 per square foot: the asking price of $1,849,999 over the 1,500–2,000 sq ft the listing gives as its size range.

Does 388 Oakwood Ave have parking or a garage?

Yes — the listing gives 2 parking spaces.

What you should know

3 Bed, 3 Bath Detached Home in Toronto

About 388 Oakwood Avenue

Inside 388 Oakwood Ave

Features & systems

388 Oakwood Ave Price & Sale History

How 388 Oakwood Ave Compares to the Toronto Market

Toronto market, last 90 days

Recently sold nearby in Toronto

Living in Toronto: Location & Amenities

How long is your commute?

Costs, Mortgage & Rental Return for 388 Oakwood Ave

Monthly cost of owning

Mortgage payments

Monthly cost

Rental income potential

Own a home on Oakwood Avenue? See what yours is worth

Zara, any time

A licensed local agent

See 388 Oakwood Ave, Toronto in person

Similar homes for sale nearby in Toronto

Explore More Detached Homes in Toronto

3 Bed, 3 Bath Detached Home in Toronto

About 388 Oakwood Avenue

Inside 388 Oakwood Ave

Features & systems

388 Oakwood Ave Price & Sale History

How 388 Oakwood Ave Compares to the Toronto Market

Toronto market, last 90 days

Market pulse · Toronto

Recently sold nearby in Toronto

Living in Toronto: Location & Amenities

Transit nearby

Transit

How long is your commute?

Costs, Mortgage & Rental Return for 388 Oakwood Ave

Monthly cost of owning

Mortgage payments

Monthly cost

Rental income potential

Own a home on Oakwood Avenue? See what yours is worth

Zara, any time

A licensed local agent

See 388 Oakwood Ave, Toronto in person

Questions About 388 Oakwood Ave

How much is 388 Oakwood Ave listed for?

Is $1,849,999 a good price for 388 Oakwood Ave?

Has the price of 388 Oakwood Ave changed?

How many bedrooms and bathrooms does 388 Oakwood Ave have?

Is 388 Oakwood Ave close to transit?

How much would the monthly mortgage be on 388 Oakwood Ave?

How does 388 Oakwood Ave compare with other homes in Toronto?

Has 388 Oakwood Ave been sold before?

Where is 388 Oakwood Ave?

How long has 388 Oakwood Ave been on the market?

What is the price per square foot of 388 Oakwood Ave?

Does 388 Oakwood Ave have parking or a garage?

Similar homes for sale nearby in Toronto

Explore More Detached Homes in Toronto

Market pulse · Toronto

Transit nearby

Transit

Questions About 388 Oakwood Ave

How much is 388 Oakwood Ave listed for?

Is $1,849,999 a good price for 388 Oakwood Ave?

Has the price of 388 Oakwood Ave changed?

How many bedrooms and bathrooms does 388 Oakwood Ave have?

Is 388 Oakwood Ave close to transit?

How much would the monthly mortgage be on 388 Oakwood Ave?

How does 388 Oakwood Ave compare with other homes in Toronto?

Has 388 Oakwood Ave been sold before?

Where is 388 Oakwood Ave?

How long has 388 Oakwood Ave been on the market?

What is the price per square foot of 388 Oakwood Ave?

Does 388 Oakwood Ave have parking or a garage?