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New4 hours ago

230 Gowan Avenue

Danforth Village-East York, Toronto

$990,000

Detached|2-Storey
3 | 1 | 1
About this home

A Rare Opportunity to Create, Transform & Make It Your Own! Attention builders, renovators, and savvy end users - properties with this kind of potential don't come along often. Set on an exceptionally deep 150-ft lot, this property offers a unique canvas to bring your vision to life. Whether you're looking to build your dream home from the ground up, undertake a transformative renovation, or unlock the full potential of the existing home, the possibilities are truly exciting. And the location? Hard to beat. Just steps from the future Ontario Line and within walking distance of Pape Subway Station, this is a neighbourhood where convenience and connectivity come together. Beyond the front door, enjoy a vibrant, welcoming community surrounded by everyday amenities. Walk to the local community centre, parks, and public pool for summer fun, or head to the Shops of the Danforth for an eclectic mix of cafés, bakeries, restaurants, and neighbourhood boutiques. A rare 150-ft-deep lot. A highly connected location. Endless possibilities

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
Style2-Storey
Approx. Age100+
Size1100-1500 sq. ft.
Property Tax$5,407
Lot Size25 ft x 150 ft
mls© NumberE13852474
Listed ByDREAMNEST REALTY INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$5,067
Property tax
$451
Heat allowance
$150
Housing costs
$5,668 / mo

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

Down payment20% · $198,000
25-yr amortization

Income needed

$174,000

gross annual household income

Payment at 4%
$4,166 / mo
Cash down
$198,000

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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