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Listed 2 months ago

280 Gowan Avenue

East York, Toronto

$1,299,999

Detached|2-Storey
3 | 2 | 3
About this home

This is the BEST VALUE for a detached home with an attached garage in the area! Welcome to 280 Gowan - A bright, spacious, and renovated all-brick home, on a wide 30ft lot, with 3 parking spots. This home checks all the boxes with a well appointed open-concept layout, solid hardwood floors and pot lights, upgraded kitchen with island, full-height custom cabinetry, gleaming Calacatta porcelain countertops, finished basement, the list goes on! Dine alfresco on the covered back deck, while the kids roam free in the backyard. The fully fenced backyard offers a private setting with two privacy screens. Upstairs, a well-designed layout offers three generously sized bedrooms, each with a ample closet space. The primary retreat effortlessly accommodates a king-size bed with additional space for a sitting area or workspace, complemented by a double closet for generous storage. The finished walk-out basement with engineered hardwood offers a spacious rec room, 4-piece bath, storage & garage access. Upgrades throughout, including furnace & A/C (2018), new roof (2019), and all new appliances (2018). Perfectly located on a quiet street, just minutes from the Danforth and Greektown. Enjoy quick access to the best of the Danforth's bistros, cafes, shops, and everyday essentials, along with nearby trails like Crothers Woods, perfectly balancing city energy with an outdoor escape. Just steps to schools, TTC access, and the future Ontario Line! Fabulous street with lots of families and very courteous neighbours, including the apartment close by.

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$6,447
Lot Size30 ft x 70 ft
mls© NumberE13434786
Listed ByROYAL LEPAGE SIGNATURE REALTY

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$6,654
Property tax
$537
Heat allowance
$150
Housing costs
$7,341 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $260,000
25-yr amortization

Income needed

$226,000

gross annual household income

Payment at 4%
$5,471 / mo
Cash down
$260,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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