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Listed 11 days ago

280 Gowan Avenue

East York, Toronto

$1,249,000

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

This is exceptional value for a renovated detached home with an attached garage on a wide 30 ft lot! Welcome to 280 Gowan, a bright and beautifully updated all-brick home that delivers the space, style and functionality buyers are searching for. The open-concept main floor is designed for effortless everyday living and entertaining, with solid hardwood floors, pot lights and an upgraded kitchen featuring an island, full-height custom cabinetry and gleaming Calacatta porcelain countertops. Step outside to the covered back deck for easy alfresco dining while the kids play in the fully fenced backyard, complete with privacy screens for a more secluded setting. Upstairs, three generously sized bedrooms offer excellent closet space, including an impressive primary retreat fit for a king-sized bed and a large double closet. The finished basement adds valuable living space with engineered hardwood floors, a spacious rec room, 4-piece bath, ample storage and direct separate entrance from the attached garage. Major updates have already been taken care of, including furnace and A/C (2018), roof (2019) and all new appliances (2018). And the location? Tucked onto a quiet, family-friendly street just minutes from the Danforth and Greektown, with fantastic restaurants, cafés, shops and everyday essentials close at hand. Schools and TTC are just steps away, with the future Ontario Line benefiting your commute and your investment. When you want to trade city energy for nature, the trails and ravines of Crothers Woods are nearby. 280 Gowan is the kind of home that makes the wish list feel surprisingly achievable. You know what to do.

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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© NumberE13680182
Listed ByROYAL LEPAGE SIGNATURE REALTY

Listing History

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  • 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%
$6,393
Property tax
$537
Heat allowance
$150
Housing costs
$7,080 / mo

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

Down payment20% · $249,800
25-yr amortization

Income needed

$218,000

gross annual household income

Payment at 4%
$5,256 / mo
Cash down
$249,800

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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