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Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Danforth Village-East York. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $899,000 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.
A Rare Opportunity on a Deep East York Lot! Welcome to 313 Gowan Avenue, a fully detached, 2-storey, 3-bedroom home cherished by the same family since 1955. Built in 1904, when craftsmanship and quality construction were cornerstones, this solid brick home stands as a testament to timeless durability and care. Set on an incredible 150-foot-deep lot, the property offers a backyard that seems to go on forever - a true oasis with endless potential for gardening, entertaining, or future expansion. Inside, you'll find the warmth of a home that raised four children - a place where every corner tells a story. The large, family-sized eat-in kitchen is the heart of the home, while the spacious dining room has hosted countless family dinners and celebrations. Upstairs, oversized bedrooms provide more space than most homes of its kind, offering comfort and versatility for today's families. Enjoy your morning coffee on the charming front porch, or get a head start on your seasonal planting - a perfect spot to relax and take in this quiet, friendly street. The home also features legal front pad parking, a valuable convenience in this sought-after neighbourhood.Ideally located within walking distance to shops on Pape Avenue and the upcoming Ontario Line, with easy access to The Danforth, Leslieville, and The Beach - offering endless dining, shopping, and lifestyle options. Surrounded by great schools, parks, and a nearby hospital, this location perfectly balances community, convenience, and connection. Lovingly maintained for 70 years by the same family, 313 Gowan Avenue is more than a house - it's a legacy ready to welcome its next chapter. Solid, spacious, and filled with heart - this is a home where memories are made.
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Data-driven valuation for 313 Gowan Avenue, Toronto E03, ON M4J 2K7
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 $899,000 in Toronto, the legal minimum down payment is $64,900 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 $14,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $14,455 also applies, bringing the total estimated land transfer taxes to $28,910.
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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.