$1,199,000

For sale

294 Gainsborough Road, Toronto (Woodbine Corridor) - Single Family for Sale

294 Gainsborough Road, Toronto (Woodbine Corridor), Ontario, M4L3C6

4 beds2 baths2 parking1,300 ft²16 × 139 ft (2,230 sq ft) lot sizeListed 24 days ago

Overview

This 4-bedroom, 2-bathroom home in Toronto is for sale offering roughly 1,300 sq ft of space. It has been on the market 24 days, fresher than the Toronto average of 54 days.

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Description

A bright, updated semi on quiet Gainsborough with a private backyard you rarely find.The main floor is open and easy: living room into dining room into kitchen, followed by a convenient main-floor laundry room, making it one of the larger floor plans in the area. Three solid bedrooms upstairs. A finished basement with a rec room and a fourth bedroom gives you real flexibility - guests, a home office, or extra living space - without compromising the main floors. Fresh finishes throughout. Central air installed in 2021. Move-in ready. The lot is the standout. Exceptionally deep, fully fenced (perfect for dog owners), and private, with no neighbours behind you. Two parking spots off the lane way. A shed. A peaceful spot for kids, pets, weekend barbecues, or just a quiet evening outside. Set in a well-regarded school district with a community feel, this isn't just a house but a lifestyle. New windows and a new front door went in 2021. Floors were done in 2023. Upgraded electrical in 2023. The roof on the addition was replaced last year, and a new backwater valve was installed this year. Meticulously maintained and ready to become yours. (id:66096)

Property Details

MLS®: E14023178
Property Type: Single Family
Bedrooms: 4
Beds (above / below): 3 above · 1 below
Bathrooms: 2
Parking: 2
Interior Size: 1,300 ft²
Lot Size: 16 × 139 ft (2,230 sq ft)
Frontage: 16 ft
Storeys: 2
Basement: Finished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Ownership: Freehold
Property Tax: $5,294.45/yr
Listed: 24 days ago

Rooms

Main level

Living room: 4.36 x 2.98 meters
Dining room: 3.65 x 3.12 meters
Kitchen: 3.22 x 4.03 meters
Laundry room: 3.5 x 1.94 meters

Second level

Primary Bedroom: 4.15 x 3.45 meters
Bedroom 2: 3.16 x 4.2 meters
Bedroom 3: 3.22 x 2.45 meters

Basement

Recreational, Games room: 5.05 x 4.03 meters
Bedroom: 2.55 x 2.42 meters

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

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave, Blinds
Foundation: Unknown
Exterior: Brick
Lot Features: Cul-de-sac, Lane

Services

Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

24d

Toronto (Woodbine Corridor) listings, avg age

54d

Price / ft²

$922

List price

$1.20M

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 4-bed single family in Toronto (Woodbine Corridor) has been listed for 24 days, which is 30 days fresher than the city average of 54. Act while there is still low competition.

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Listed by CENTURY 21 FINE LIVING REALTY INC. · NATALIE MARY ROCCA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M4L)

This home lists at $1,199,000, about 11.9× the local median household income of $101,000.

Carrying it typically needs a household income of about $234,207 (20% down, 25-yr amortization, stress-tested) — roughly 132% above the area median.

Median household income: $101,000
Population: 32,218
Median age: 40.8
Owner / renter: 61% / 39%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA M4L)

$1,199,000· $922/ft²

For sale

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Full Cost Breakdown

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Current Rates

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Down Payment7.91% · $94,900

Min 7.91%50%

Mortgage payment$6,121/mo

↳ CMHC premium ($44,164 capitalized)

Property tax (est.)$441/mo

Total monthly$6,563

Cash Needed to Close

Down payment (7.91%)$94,900

Land transfer tax$40,910

Est. closing costs$6,097

Total cash needed$141,907

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