$1,299,999 - 280 Gowan Avenue, Danforth
Detached for Sale in Danforth
Neighbourhood: East York
- MLS Number
- E13434786
- Property Type
- Detached
- Status
- active
- Days on Site
- 26
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Danforth / East York
- Listing Brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Bright, spacious, and renovated all-brick detached home on a wide 30ft lot in coveted Pape Village, with 3 parking spots including a rare attached garage! This home checks all the boxes with an open-concept layout, solid hardwood flooring and pot lights, setting a cohesive tone across the main & second floor, while the fully carpet-free interior adds a clean, low-maintenance finish. The roomy main floor layout is anchored by an upgraded kitchen with central island with seating, full-height custom cabinetry, gleaming Calacatta porcelain countertops & backsplash. Clear sight lines create an airy, inviting feel, flowing seamlessly to a private, covered back deck that extends the living space outdoors. The fully fenced backyard offers a surprisingly private setting with two privacy screens. Upstairs, a well-designed layout offers three generously sized bedrooms, each with a closet. The primary retreat effortlessly accommodates a king-size bed with additional space for a sitting area or workspace, complemented by a double closet for generous storage. The fully finished basement with engineered hardwood offers a spacious rec room, 4-piece bath, storage & direct garage access. Updated stone stairs, a walkway, railing, and hydrangea-lined garden borders, enhancing curb appeal. Mechanical updates include the furnace & A/C (2018) and a new roof (2019). Just steps to schools, TTC access, and the future Ontario Line! Set just minutes from the Danforth and Greektown, enjoy quick access to the best of the Danforth's bistros, cafes, shops, and everyday essentials, along with nearby trails like Crothers Woods, perfectly balancing city energy with an outdoor escape. Fabulous quiet street and very courteous neighbours, including the apartment close by. This is the best value for a detached home in the area!!!
Estimate your monthly payments for this property
Estimated Payment
$5,750.33/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover East York
East York is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in East York
- •Convenient location in Danforth / East York
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
East York offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
280 Gowan Avenue, Danforth / East York
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Premium Pricing
At $1182/sqft, this property is priced above the Danforth average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Market Position
At 26 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Detached Home Advantages
Detached homes in Danforth are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
About East York
I know East York well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.
Investment Perspective
Looking at this as an investment: Danforth properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $5,417 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.