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534 Westmount Avenue
Oakwood Village Toronto M6E 3N7

$599,000
Residential Freehold beds: 2+2 baths: 2.0

Main Photo: 534 Westmount Avenue in Toronto: Oakwood Village House for sale (Toronto C03)  : MLS®# C12076994
Photo 1: 534 Westmount Avenue in Toronto: Oakwood Village House for sale (Toronto C03)  : MLS®# C12076994
Photo 2: 534 Westmount Avenue in Toronto: Oakwood Village House for sale (Toronto C03)  : MLS®# C12076994
Photo 3: 534 Westmount Avenue in Toronto: Oakwood Village House for sale (Toronto C03)  : MLS®# C12076994
Photo 4: 534 Westmount Avenue in Toronto: Oakwood Village House for sale (Toronto C03)  : MLS®# C12076994
Photo 5: 534 Westmount Avenue in Toronto: Oakwood Village House for sale (Toronto C03)  : MLS®# C12076994
Photo 6: 534 Westmount Avenue in Toronto: Oakwood Village House for sale (Toronto C03)  : MLS®# C12076994
Photo 7: 534 Westmount Avenue in Toronto: Oakwood Village House for sale (Toronto C03)  : MLS®# C12076994
Photo 8: 534 Westmount Avenue in Toronto: Oakwood Village House for sale (Toronto C03)  : MLS®# C12076994
Status:
Active
Prop. Type:
Residential Freehold
MLS® Num:
C12076994
Bedrooms:
2+2
Bathrooms:
2
Welcome to this character-filled semi-detached bungalow in sought-after Oakwood Village. This unique home blends comfort, versatility, and potential; a perfect opportunity for first-time buyers, savvy investors, handy people, or multigenerational families. Step through the glass-enclosed front porch into a bright and inviting main level featuring an open-concept kitchen and family room ideal for relaxed living or entertaining. The spacious primary bedroom boasts a renovated 3-piece ensuite and walk-out access to the backyard, creating your own private retreat. The second bedroom includes a charming loft space, perfect as a third sleeping area, a creative hideaway for kids, or clever additional storage. Downstairs, a separate entrance leads to a 1-bedroom basement apartment or in-law suite. Complete with its own kitchen, renovated 3-piece bath, and laundry/storage room, this space offers excellent income potential or comfortable extended family living. Updates include a new energy-efficient heat pump and A/C (2023), and a newer roof (2022). Bonus legal (permitted) private outdoor parking pad. Street permit parking also available. While this home may need a few finishing touches, its brimming with possibilities, bring your vision and make it your own! Just steps from parks, schools, TTC transit, and all the vibrant amenities of Oakwood Village, this is a rare opportunity you wont want to miss.
Property Type:
Residential Freehold
Property Sub Type:
Semi-Detached
Home Style:
Bungalow
Approx. Age:
100+
Total Approx Floor Area:
< 700
Depth:
120'
Frontage:
15'
Direction Faces:
West
Bedrooms:
2+2
Bathrooms:
2.0
Water supply:
Municipal
Kitchens:
2
Kitchens in Basement:
1
Bedrooms Above Grade:
2
Bedrooms Below Grade:
2
Kitchens Above Grade:
1
Rooms Above Grade:
5
Rooms Below Grade:
3
Ensuite Laundry:
No
Fractional Ownership:
No
Assignment:
No
Heating type:
Heat Pump
Heating Fuel:
Gas
Foundation:
Poured Concrete
Roof:
Shingles
Basement:
Separate Entrance, Apartment
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0.0
Other Structures:
Shed
Parking Features:
Front Yard Parking
Parking Spaces:
1
Total Parking Spaces:
1.0
Family Room:
Yes
Possession Details:
ASAP
Pool:
None
HST Applicable To Sale Price:
Included In
Assessment Year:
2024
Taxes:
$3,197 / 2025
Assessment:
$- / 2024
Toronto C03
Oakwood Village
Toronto
Public Transit, School, Park, Fenced Yard
Water Heater Owned
None
SS Fridge (Main), Gas Stove (Bsmt), Fridge (bsmt), washer, dryer, tankless HWT
None
None
Vinyl Siding, Brick
No
No
Floor
Type
Size
Other
Main
Family Room
12'9½" × 9'11"
Open Concept, Porcelain Floor
Main
Kitchen
10'4" × 8'9½"
Porcelain Floor, Eat-in Kitchen, Backsplash
Main
Primary Bedroom
12'5" × 10'
3 Pc Ensuite, Laminate, French Doors
Main
Bedroom 2
10'2" × 9'2¼"
Laminate, B/I Bookcase
Second
Loft
10'2" × 9'2¼"
Wood Trim, Hardwood Floor
Basement
Kitchen
10'4" × 8'9½"
Porcelain Floor
Basement
Bedroom 3
11'2" × 9'7"
Laminate, Double Closet, Large Window
Basement
Laundry
9'4¼" × 6'6"
Porcelain Floor, Laundry Sink, Walk-Out
UFFI:
No
Utilities Cable:
Yes
Utilities Telephone:
Yes
Utilities Gas:
Yes
Utilities Hydro:
Yes
Utilities Water:
Yes
Sewers:
Yes
Energy Certification:
No
Green Property Information Statement:
No
Special Designation:
Unknown
Sewers:
Sewer
Air Conditioning:
Central Air
Central Vacuum:
No
Seller Property Info Statement:
No
Physically Handicapped-Equipped:
No
Laundry Level:
Lower Level
Date Listed:
Apr 11, 2025
Original Price:
Previous Price:
  • Photo 1: 534 Westmount Avenue in Toronto: Oakwood Village House for sale (Toronto C03)  : MLS®# C12076994
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  • Photo 2: 534 Westmount Avenue in Toronto: Oakwood Village House for sale (Toronto C03)  : MLS®# C12076994
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  • Photo 4: 534 Westmount Avenue in Toronto: Oakwood Village House for sale (Toronto C03)  : MLS®# C12076994
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  • Photo 7: 534 Westmount Avenue in Toronto: Oakwood Village House for sale (Toronto C03)  : MLS®# C12076994
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  • Photo 8: 534 Westmount Avenue in Toronto: Oakwood Village House for sale (Toronto C03)  : MLS®# C12076994
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Listed by RE/MAX PRIME PROPERTIES
Data was last updated April 26, 2025 at 12:15 PM (UTC)
Area Statistics
Listings on market:
10
Avg list price:
$999,500
Min list price:
$599,000
Max list price:
$1,995,000
Avg days on market:
20
Min days on market:
2
Max days on market:
32
These statistics are generated based on the current listing's property type and located in Oakwood Village. Average values are derived using median calculations.
DARYL  KING
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Explore the Cheapest House Listings in Toronto

Even in one of Canada’s most competitive markets, there are still opportunities to own a home in Toronto under $700,000. Whether you’re looking in Scarborough, North York, or further west, you’ll find affordable options that include:

  • Detached and semi-detached homes with renovation potential
  • Freehold houses in emerging or transitional areas
  • Homes close to public transit, parks, and local shops
  • Opportunities for investment, rental income, or personal use

Why Buy a Low-Priced House in Toronto?

Toronto’s real estate market continues to grow—making an affordable home a valuable long-term investment. These properties may need some TLC, but they often come with:

  • Lower property taxes and monthly costs
  • Room to build equity with upgrades or improvements
  • Faster entry into the housing market before prices rise again

Navigating the Home Buying Process

Buying an affordable house in Toronto involves several key considerations, such as financing options, property condition, and potential resale value. Our resources and expert guidance are designed to help you navigate these factors, ensuring a smooth and informed buying process. We offer advice on home inspections, mortgage options, and investment strategies to help you make the best choice for your needs and budget.

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FAQs – Cheapest House for Sale in Toronto

1. What is considered the cheapest house in Toronto right now?
Prices can start around $500,000–$700,000, depending on location and property type.

2. Which Toronto neighborhoods have the most affordable houses?
Areas like Scarborough, Weston, and parts of North York often have lower-priced listings.

3. Are cheap houses in Toronto good for investment?
Yes. Homes in emerging neighborhoods often appreciate faster and can offer solid rental income.

4. What should I expect from the cheapest homes?
They may need cosmetic upgrades or repairs, but they’re a great way to enter the market.

5. Can I get a mortgage for a low-priced home in Toronto?
Yes. Most banks offer mortgage options for lower-priced homes, especially for first-time buyers with incentives.