Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Danforth Village-East York. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,499,999 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.
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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No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 248 Gowan Avenue, Toronto E03, ON M4J 2K6
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $1,499,999 in Toronto, the legal minimum down payment is $300,000 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 $26,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $26,475 also applies, bringing the total estimated land transfer taxes to $52,950.
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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.