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New4 hours ago

214 Gainsborough Road

Woodbine Corridor, Toronto

$1,399,000

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

A detached home you can really settle into, on a street where families put down roots. 214 Gainsborough is a well-cared-for, 3 bed Arts & Crafts home in the popular Woodbine Corridor, with the space and flexibility to suit a growing family for years to come. A generous front porch opens to bright principal rooms with east and west facing windows, hardwood floors and a welcoming wood-burning fireplace. Original details, including distinctive artichoke finials on the staircase and vintage upstairs doorknobs, give the home its character, while the kitchen features stainless steel appliances and granite counters. Upstairs are 3 comfortable bedrooms and a 4-piece family bath. Downstairs, the finished basement adds valuable flexibility with extensive built-in storage, a Murphy bed and a 3-piece bath for guests, work, play or additional family space. Out back, a large deck overlooks the private backyard with beautiful perennial gardens and a beautiful mature tree anchoring the end of yard. A mutual drive leads to a detached single-car garage, complete with a fun exterior climbing wall. Williamson Park Ravine is across the street, with Fairmount Park, Monarch Park and two elementary schools offering French-language programs within a short walk. Gainsborough offers a community that's highly sought-after with a mix of young families and long-time neighbours, and you have a home with a genuine sense of place. OFFERS ANYTIME.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$6,200
Lot Size25 ft x 107.41 ft
mls© NumberE13790550
Listed ByBSPOKE REALTY INC.

Listing History

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  • No recent lease history for this listing.

Schools

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What the bank counts

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

Mortgage, tested at 6%
$7,161
Property tax
$517
Heat allowance
$150
Housing costs
$7,827 / mo

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

Down payment20% · $279,800
25-yr amortization

Income needed

$241,000

gross annual household income

Payment at 4%
$5,887 / mo
Cash down
$279,800

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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