$1,829,000 - 54 Oakfield Drive, Corso Italia
Detached for Sale in Corso Italia
New — Listed 6 days ago- MLS Number
- W13243772
- Property Type
- Detached
- Status
- active
- Days on Site
- 6
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Corso Italia / Dufferin Grove
- Listing Brokerage
- ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Welcome to 54 Oakfield Drive - a rare ravine retreat that feels like Muskoka in the city. Nestled on a quiet cul-de-sac and backing onto Mimico Creek, this exceptional property offers breathtaking nature views, mature trees, and serene surroundings right in Toronto.This spacious home features 4 bedrooms and 3 bathrooms, thoughtfully designed for comfortable family living and effortless entertaining. The large main-floor family room boasts a walkout to a private deck overlooking the ravine - the perfect setting for morning coffee or evening gatherings. The family-sized eat-in kitchen is beautifully updated with quartz countertops, while gleaming hardwood floors and a cozy fireplace add warmth and character throughout. The primary bedroom includes a private 3-piece ensuite, and a second washroom has been updated with new tiles and a brand new vanity. The finished lower level offers a generous rec/family room with a walkout to the garden, creating seamless indoor-outdoor living and lots of light. Located in an exceptional family-friendly neighbourhood, this home is just minutes to Royal York Subway, Mimico GO Station, TTC, parks, bike trails, the waterfront, top-rated schools including ESA, Bishop Allen, and Karen Kain School of the Arts and Norseman JMS. With easy access to major highways, Pearson Airport, and downtown Toronto, this is a rare opportunity to enjoy tranquil ravine living with unmatched urban convenience.
Estimate your monthly payments for this property
Estimated Payment
$8,090.28/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Corso Italia / Dufferin Grove
Corso Italia / Dufferin Grove is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Corso Italia / Dufferin Grove
- •Convenient location in Corso Italia / Dufferin Grove
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Corso Italia / Dufferin Grove offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
54 Oakfield Drive, Corso Italia / Dufferin Grove
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
Rental income estimator & ROI calculator
Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $915/sqft, this property is priced in line with current Corso Italia market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Just Listed - Act Strategically
This property hit the market within the last week. In Corso Italia's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
Detached Home Advantages
Detached homes in Corso Italia are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Corso Italia. Good resale value as demand remains consistent.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
Investment Perspective
Looking at this as an investment: Corso Italia properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $7,621 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.