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New2 hours ago

41 Gowan Avenue

Broadview North, Toronto

$629,000

Semi-Detached |Other
2 | 2 | 1
About this home

Set in a family-friendly neighbourhood, this semi-detached home presents an excellent opportunity to renovate, reimagine, or explore a potential condo alternative. The property features a spacious 125-ft-deep lot with a large backyard, a living room,dining area, a bedroom overlooking the rear garden, a kitchen walk-out, hardwood floors, windows throughout, a 4-piece bathroom, and a garden shed.The legal front-yard parking adds valuable convenience, while the generous lot offers plenty of outdoor space and future possibilities.Enjoy a great location close to parks, schools, East York Community Centre, TTC, the Danforth's vibrant shopping and dining, Broadview Subway Station, and the DVP. The future Cosburn Subway Station on the Ontario Line adds to the area's long-term appeal and connectivity. An excellent opportunity to create a home tailored to your vision in a well-established and increasingly connected East York community.

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BrokerHub Inc.
(647) 254-1864
TypeSemi-Detached
StyleOther
Approx. AgeNot available
Size< 700 sq. ft.
Property Tax$4,047
Lot Size17.37 ft x 125 ft
mls© NumberE13876550
Listed ByRE/MAX HALLMARK REALTY LTD.

Listing History

  • No recent sale history for this listing.
  • 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%
$3,220
Property tax
$337
Heat allowance
$150
Housing costs
$3,707 / mo

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

Down payment20% · $125,800
25-yr amortization

Income needed

$114,000

gross annual household income

Payment at 4%
$2,647 / mo
Cash down
$125,800

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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