187 Gamble Avenue, Toronto, ON

$1,198,000
MLS#:E9509838
2 beds
1 baths
4.0 parking
Residential Freehold
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of East York. Expertly crafted featuring premium aluminum siding construction, this residence presents an exceptional opportunity offered at $1,198,000 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.

  • 2 Bedrooms and 1 Bathroom
  • Premium 30 x 150 ft lot size
  • Features a full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available
  • Notable attributes: Primary Bedroom - Main Floor
  • Efficient forced air heating via oil

Description

Large Potential Building Lot In The Heart Of East York! Build Your Dream Home, Invest Or Create Something Stunning On This Rare Corner Lot. Gamble Is A Gem, Located within 1 block East of purposed Ontario Line Station. Walking distance of The Danforth, Diverse Schools, Multiple Parks, Cafe With Patio! This 2 Bed 1 Bath, Bungalow With Large Basement Footprint, 30X150 With Mutual Drive That Spans The Depth Of The Property, A Must See! (Survey Available) Buyer And/Or Buyers Rep To Verify All Measurements, Status Of Mutual Drive And Taxes, Property Being Sold As-Is Where Is Property Will Be Cleaned Of Debris Upon Closed. Email for Interior Photos

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Key Features

Bedrooms
2
Bathrooms
1
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateNovember 15, 2024
Sold price information is available to members only
Listed Date10/24/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionAluminum Siding
BasementFull
Lot Size30 × 150 Feet
CountyToronto
Annual Tax$3,776.72
Legal DescriptionPCL 40-2 SEC M39; PT LT 40 S/S GAMBLE AV PL M39 EAST YORK BEING THE WLY 30 FT THROUGHOUT FROM FRONT TO REAR; T/W A ROW IN COMMON WITH ALL OTHERS ENTITLED THERETO, IN, OVER, ALONG AND UPON THE WLY 4 FT OF THE NLY 73 FT OF THE LAND LYING IMMEDIATELY TO THE E OF THIS LAND; S/T A ROW IN FAVOUR OF THE OWNERS AND OCCUPANTS FROM TIME TO TIME OF THE LANDS IMMEDIATELY TO THE E OF THE ABOVE DESCRIBED LANDS OVER, ALONG AND UPON THE ELY 4 FT OF THE NLY 73 FT OF THESE LANDS; TORONTO , CITY OF TORONTO

Parking & Garage

Parking Spaces4.0
Garage Spaces4
Garage TypeNone

Heating & Cooling

Heat SourceOil
Heat TypeForced Air
CoolingNone

Features

Property Features

Fenced Yard, Library, Park, Place Of Worship, Rec./Commun.Centre, School

Interior Features

Primary Bedroom - Main Floor

Security Features

Community Features

Location

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187 Gamble Avenue, Toronto, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 187 Gamble Avenue, Toronto E03, ON M4J 2P2

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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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

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Interest Rate5.25%
Down Payment$239,600 (20.0%)
* Minimum Canadian down payment required for this price is $239,600.
Amortization Period25 Years
Estimated Monthly Payment$5,711Based on a loan of $958,400 over 25 years.
Purchase Price$1,198,000
Loan Amount$958,400
Provincial Land Transfer Tax:$20,435
Toronto Municipal Land Transfer Tax:$20,435
Total Estimated Closing Taxes:$40,870

About Purchasing a Home in Toronto, ON

For a property listed at $1,198,000 in Toronto, the legal minimum down payment is $239,600 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $20,435 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $20,435 also applies, bringing the total estimated land transfer taxes to $40,870.

Nearby Listings

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for East York, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$1,373,324

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Local Schools Guide

Elementary Schools

Holy Cross
Public299 Lesmount Avenue, East York, Toronto, Ontario, M4J 3R7
5.5
Pape Avenue
PublicPape Avenue, East York, Toronto, Ontario, M4J 2P5
9.7
Canadian Martyrs
Public520 Plains Road, East York, Toronto, Ontario, M4C 2Z1
7.0
Wilkinson
Public53 Donlands Avenue, East York, Toronto, Ontario, M4J 3N7
7.7
Earl Beatty
Public55 Woodington Avenue, East York, Toronto, Ontario, M4C 3J6
7.4

Secondary Schools

East York
Public650 Cosburn Avenue, East York, Toronto, Ontario, M4C 2V2
5.5
Danforth
Public800 Greenwood Avenue, East York, Toronto, Ontario, M4J 4B7
5.8
Marc Garneau
Public135 Overlea Boulevard, Toronto, Ontario, M3C 1B3
3.8
St. Patrick
Catholic49 Felstead Avenue, East York, Toronto, Ontario, M4J 1G3
7.1
Monarch Park
Public1 Hanson Street, East York, Toronto, Ontario, M4J 1G6
8.0

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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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.