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Real Estate

Condo of the Week: $1.6 million for a two-storey Summerhill condo

By Jonathan Forani| Photography by Jagged Lens
Condo of the Week: $1.6 million for a two-storey Summerhill condo

Address: 40 Oaklands Avenue, unit 314 Neighbourhood: Summerhill AgentAlyssa Mincer, Slavens and Associates Kaufman Team Inc. Price: $1,599,000

The Place

A 1,700-square-foot condo. The two-storey unit has two bedrooms, three bathrooms and calming interior design.

The History

In 1981, developer Canlea built the five-floor building, which has 65 suites. In 2018, the current sellers installed new plumbing and electrical, and converted the unit into a stylish contemporary space. In the living area, they covered an existing divider wall with black brick veneer and added an electric fireplace.

The Tour

 The main level has herringbone white oak floors and nine-foot ceilings:

Condo of the Week: $1.6 million for a two-storey Summerhill condo

There’s an electric fireplace in the family room:

Condo of the Week: $1.6 million for a two-storey Summerhill condo

The dining room is 100 square feet:

Condo of the Week: $1.6 million for a two-storey Summerhill condo

There’s a built-in bar next to the dining room:

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Condo of the Week: $1.6 million for a two-storey Summerhill condo

The kitchen has quartz countertops:

Condo of the Week: $1.6 million for a two-storey Summerhill condo

There are marble countertops and flooring in the powder room:

Condo of the Week: $1.6 million for a two-storey Summerhill condo

Here’s the master bedroom:

Condo of the Week: $1.6 million for a two-storey Summerhill condo

It has white oak floors and built-in cabinets:

Condo of the Week: $1.6 million for a two-storey Summerhill condo

And a walk-in closet:

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Condo of the Week: $1.6 million for a two-storey Summerhill condo

The master bathroom has marble floors:

Condo of the Week: $1.6 million for a two-storey Summerhill condo

Here’s the second bedroom:

Condo of the Week: $1.6 million for a two-storey Summerhill condo

And the second bathroom:

Condo of the Week: $1.6 million for a two-storey Summerhill condo

The sellers staged this 65-square-foot space as a gym:

Condo of the Week: $1.6 million for a two-storey Summerhill condo
Big Selling Point

It’s rare to find a two-floor condo.

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Possible Deal Breaker

The maintenance fees are steep.

By the Numbers
  • $1,599,000
  • 1,700 square feet (approximately)
  • $5,216 in taxes
  • $1,974 in monthly maintenance fees
  • 2 bedrooms
  • 3 bathrooms
  • 2 parking space

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