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Oakwood Village, Toronto

Real Estate Market Report

ActiveCurrent active residential listings.
47
Sold (12 mo)Sold residential listings, trailing 12 months.
160

Based on geocoded sales; may understate total volume.

Median PriceMedian sold price, trailing 6 months.
$1.15M
Avg DOMAverage days on market (sold, 6 months).
26 days
SP/LPMean sale-to-list ratio (6 months).
99.5%
MOIMonths of inventory.
2.9 months

Source: MLS data under license · Aggregated by REintel / Direct Realty Ltd., Brokerage · Trailing 12 months · sold residential · median 12-month basis

Living in Oakwood Village

Oakwood Village is a mature, mid-density residential neighbourhood in midtown Toronto, Ontario, situated between Bathurst Street to the east, Allen Road to the west, and Eglinton Avenue West to the south. It carries a quiet, established character with tree-lined streets and a mix of long-time residents and newer arrivals drawn by its relative affordability compared to nearby midtown communities. The housing stock is predominantly semi-detached and detached homes built between the 1920s and 1950s, alongside some post-war bungalows and a modest supply of low-rise condominium and rental apartment buildings. With a current median sold price of $785,000 and 24 active listings on the market, buyers can find entry-level detached homes that remain below the broader Toronto average. Lot sizes typically run narrow, in the 20- to 25-foot range common across older Toronto streetscapes, with modest rear yards. Transit access is a practical strength of the area. The Eglinton Crosstown LRT, running along Eglinton Avenue West, connects Oakwood Village residents to the broader Toronto Transit Commission (TTC) network and links eastward toward the Yonge-Eglinton hub. Buses on Bathurst Street and Oakwood Avenue provide additional surface routes. Allen Road offers quick access by car to Highway 401, making Oakwood Village workable for commuters who drive. GO Transit stations are reachable within a short bus or LRT ride. Dining and shopping along Eglinton Avenue West reflects the neighbourhood's cultural diversity, with independent cafes, Caribbean and South Asian restaurants, and everyday grocery and convenience options. The Dufferin Mall and larger retail corridors along Bathurst Street are within a short drive or transit ride. Cedarvale Ravine, just north of the neighbourhood, is the standout green space: a wooded ravine trail system connecting to the larger network of ravines running through Toronto. Local parks offer baseball diamonds, playgrounds, and informal recreation space. The Beltline Trail, a former railway corridor converted to a multi-use path, is accessible nearby and popular with cyclists and joggers year-round. Oakwood Village attracts a cross-section of residents. Families are drawn by the detached housing stock and access to public schools. Young professionals appreciate the transit connections and relative value compared to Leaside or Forest Hill. A stable base of long-time homeowners gives the neighbourhood continuity and community cohesion. According to the Canadian Real Estate Association (CREA), midtown Toronto neighbourhoods like Oakwood Village have held value steadily through market cycles, partly because of transit proximity and established infrastructure. With an average of 28 days on market, homes here move at a measured pace, reflecting a balanced local market rather than the intense bidding conditions seen in some Toronto core neighbourhoods.

Content generated with AI assistance based on local data sources.

Frequently Asked Questions

▶Is Oakwood Village a good neighbourhood for families?

Yes, Oakwood Village is well-suited for families. The neighbourhood has a supply of detached and semi-detached homes with yard space, access to public schools, and Cedarvale Ravine nearby for outdoor activity. The relatively measured pace of the market, with homes averaging 28 days on market, also means less pressure during the buying process compared to more competitive Toronto neighbourhoods.

▶How is transit in Oakwood Village?

Transit is a strong point for Oakwood Village. The Eglinton Crosstown LRT runs along Eglinton Avenue West, providing direct connections to the Toronto Transit Commission (TTC) network and the Yonge-Eglinton interchange. Surface bus routes on Bathurst Street and Oakwood Avenue supplement LRT access, and Allen Road connects drivers to Highway 401 quickly.

▶What types of homes are available in Oakwood Village, and what do they cost?

The neighbourhood is primarily made up of semi-detached and detached homes built between the 1920s and 1950s, with some post-war bungalows and low-rise condominiums. The current median sold price is $785,000, with 24 active listings available. Entry-level detached homes in this range represent relative value compared to nearby midtown Toronto communities like Forest Hill and Leaside.

▶How does Oakwood Village compare to nearby Toronto neighbourhoods?

Oakwood Village sits in a middle ground for midtown Toronto. It is generally more affordable than Forest Hill and Leaside to the east, while offering better transit access and urban amenities than many areas further north. Its diverse dining options, ravine access, and established housing stock make it attractive to buyers who want midtown character without paying a premium for a more recognized address.