31 Gates Avenue, Toronto E02, ON

$868,000
MLS#:E13153222
5 beds
3 baths
1500-2000 sqft
2.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["2-Storey"] detached located in the coveted neighborhood of East End-Danforth. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $868,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 5 Bedrooms and 3 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a premium 26 x 100 ft lot
  • Features a ["separate entrance"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: In-Law Suite
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

This classic brick residence presents a remarkable "blank canvas" opportunity for visionary homeowners, meticulous flippers, or savvy investors looking to build significant equity in a sought-after community. Its structural bones and traditional layout offer the perfect foundation for a modern transformation. Situated on 26 x 100 ft lot, the existing property offers 3 bedrooms, 3 bathrooms with endless redevelopment potential. Bright living room anchored by a fireplace and large bay window, flowing into a formal dining area with original character. The basement includes laundry facilities, a bathroom, and ample space for a workshop or recreation room. A separate entrance which allows in-law living or rental income potential. Enjoy a rear attached garage, and just the right amount of green space for outdoor living, gardening, or future landscaping plans. Set in a well-connected and quiet neighbourhood, located between Woodbine and Main Street Subway, 10 Mins walk to Danforth GO, shops, parks, restaurants, and top community amenities. This is a rare chance to secure a premium lot in a highly desirable pocket of East York. Property sold in "as-is, where-is condition". Photos have been edited and virtually staged.

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Key Features

Bedrooms
5
Bathrooms
3
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJune 9, 2026
Sold price information is available to members only
Listed Date5/21/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionBrick
Lot Size26 × 100 Feet
CountyToronto
Annual Tax$5,075
Legal DescriptionPT LT 86 PL 456E TORONTO; PT LT 87 PL 456E TORONTO AS IN CA563701; S/T & T/W CA563701; TORONTO

Parking & Garage

Parking Spaces2.0
Garage Spaces1
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["Central Air"]

Features

Property Features

Community Features

Location

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31 Gates Avenue, Toronto E02, ON

City & Neighborhood Guide

Comprehensive neighborhood overview, demographics, and school rankings for East End Danforth, Toronto E02.

Verified Local Data
Population6,202,225
Median Age39.6 Yrs
Ownership65% Owners
Avg Area List Price$850,000

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

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Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Property History

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This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 31 Gates Avenue, Toronto E02, ON M4C 1T1

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Financial Audit

Estimated Costs

Loan Amount$694,400
Monthly Mortgage$4,035
Property Tax (Est.)$423
Utilities & Maint.$350
Total Monthly Cost$4,808

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Toronto E02.

Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.