$965,000

$990,000For salePrice drop↓ $25,000 (3%)

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230 Gowan Avenue, Toronto (Danforth Village-East York) - Single Family for Sale

230 Gowan Avenue, Toronto (Danforth Village-East York), Ontario, M4J2K6

3 beds bath

270 Linsmore Crescent, Toronto (Danforth Village-East York), Ontario, M4J4L7

3 bd1 ba350 ft²Lot size 13 × 138 ft (1,725 sq ft)

Listed by HOMELIFE/MIRACLE REALTY LTD

281 Queensdale Avenue, Toronto (Danforth Village-East York), Ontario, M4C2B5

For saleJust listed

Yesterday

$1.80M

281 Queensdale Avenue, Toronto (Danforth Village-East York), Ontario, M4C2B5

5 bd5 ba2 pk2,250 ft²Lot size 25 × 100 ft (2,500 sq ft)

Listed by REMAX YOUR COMMUNITY REALTY

227 Donlands Avenue, Toronto (Danforth Village-East York), Ontario, M4J3P9

For saleJust listed

Yesterday

$899K

227 Donlands Avenue, Toronto (Danforth Village-East York), Ontario, M4J3P9

3 bd2 ba900 ft²Lot size 20 × 90 ft (1,782 sq ft)

Listed by RE/MAX HALLMARK REALTY LTD.

1075 Greenwood Avenue, Toronto (Danforth Village-East York), Ontario, M4J4E2

For saleJust listed

Yesterday

$1.29M

1075 Greenwood Avenue, Toronto (Danforth Village-East York), Ontario, M4J4E2

4 bd2 ba2 pk900 ft²Lot size 44 × 140 ft (6,207 sq ft)

Listed by RE/MAX HALLMARK REALTY LTD.

Investment analysis

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$965,000

Toronto

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25 × 150 ft (3,750 sq ft) lot size

Overview

This 3-bedroom, 1-bathroom home in Toronto is for sale offering roughly 1,300 sq ft of space. Listed at $965,000, it is attractively priced about 24% below the $1,275,000 median asking price in Toronto.

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Description

A Rare Opportunity to Create, Transform & Make It Your Own! Attention builders, renovators, and savvy end users - properties with this kind of potential don't come along often. Set on an exceptionally deep 150-ft lot, this property offers a unique canvas to bring your vision to life. Whether you're looking to build your dream home from the ground up, undertake a transformative renovation, or unlock the full potential of the existing home, the possibilities are truly exciting. And the location? Hard to beat. Just steps from the future Ontario Line and within walking distance of Pape Subway Station, this is a neighbourhood where convenience and connectivity come together. Beyond the front door, enjoy a vibrant, welcoming community surrounded by everyday amenities. Walk to the local community centre, parks, and public pool for summer fun, or head to the Shops of the Danforth for an eclectic mix of cafés, bakeries, restaurants, and neighbourhood boutiques. A rare 150-ft-deep lot. A highly connected location. Endless possibilities (id:66096)

Property Details

MLS®: E13852474
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 1,300 ft²
Lot Size: 25 × 150 ft (3,750 sq ft)
Frontage: 25 ft
Storeys: 2
Basement: Unfinished, N/A
Heating: Forced air, Natural gas
Cooling: None
Garage: No Garage
Ownership: Freehold
Property Tax: $5,406.8/yr
Listed: 35 days ago

Rooms

Ground level

Kitchen: 4.14 x 4.09 meters
Dining room: 4.08 x 2.98 meters
Living room: 3.62 x 3.2 meters
Utility room: 2.92 x 4.14 meters

Second level

Primary Bedroom: 3.2 x 4.57 meters
Bedroom: 2.92 x 3.47 meters
Bedroom: 2.28 x 4.08 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Foundation: Concrete
Exterior: Brick

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

35d

Toronto (Danforth Village-East York) listings, avg age

37d

Price / ft²

$742

List price

$965K

Homes here sell faster than most markets

Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 3-bed single family in Toronto (Danforth Village-East York) has been listed for 35 days, which is 2 days fresher than the city average of 37. Act while there is still low competition.

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Listed by DREAMNEST REALTY INC. · RAJESH KUMAR WADEHRA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M4J)

This home lists at $965,000, about 10.4× the local median household income of $93,000.

Carrying it typically needs a household income of about $188,498 (20% down, 25-yr amortization, stress-tested) — roughly 103% above the area median.

Median household income: $93,000
Population: 35,128
Median age: 42
Owner / renter: 62% / 38%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA M4J)

$965,000· $742/ft²

For sale

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Full Cost Breakdown

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Down Payment7.41% · $71,500

Min 7.41%50%

Mortgage payment$4,954/mo

↳ CMHC premium ($35,740 capitalized)

Property tax (est.)$451/mo

Total monthly$5,404

Cash Needed to Close

Down payment (7.41%)$71,500

Land transfer tax$31,550

Est. closing costs$5,395

Total cash needed$108,445

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice