
230 Gowan Avenue
Danforth Village-East York, Toronto
$990,000
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
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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | 100+ |
| Size | 1100-1500 sq. ft. |
| Property Tax | $5,407 |
| Lot Size | 25 ft x 150 ft |
| mls© Number | E13852474 |
| Listed By | DREAMNEST REALTY INC. |
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%
- $5,067
- Property tax
- $451
- Heat allowance
- $150
- Housing costs
- $5,668 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$174,000
gross annual household income
- Payment at 4%
- $4,166 / mo
- Cash down
- $198,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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