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Featured
Listed 3 months ago

248 Gowan Avenue

Danforth Village-East York, Toronto

$1,499,999

Detached|2-Storey
4 | 4 | 5
About this home

Experience the perfect blend of space and sophistication in this stunning detached residence, ideally situated just steps from the Danforth and Pape Subway Station. This expansive home boasts four large bedrooms and four bathrooms, complemented by a versatile two bedroom basement suite featuring its own kitchen, living area, and separate entrance, perfect for in-laws or extended family. The heart of the home is a gourmet eat in kitchen finished with premium granite countertops, which leads into an inviting living space anchored by a cozy gas fireplace and warm oak wood floors throughout. Designed for those who love to host, the property sits on a premium lot featuring a built in garage and a total of five parking spaces, offering a seamless transition to outdoor living with a magnificent two tiered patio deck and a large, private backyard perfect for summer entertaining. Disclosure: Property Pictures have been A.I Virtually Staged for illustration Purposes Only.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$7,307
Lot Size25 ft x 150 ft
mls© NumberE13122974
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%
$7,678
Property tax
$609
Heat allowance
$150
Housing costs
$8,437 / mo

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

Down payment20% · $300,000
25-yr amortization

Income needed

$260,000

gross annual household income

Payment at 4%
$6,312 / mo
Cash down
$300,000

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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