230 Gowan Avenue, Toronto E03

$990,000
230 Gowan Avenue

$990,000

New
22d
Detached2-Storey

230 Gowan Avenue, Toronto E03

Total Monthly Obligation $4,819

HausQ Valuation Report
Beds
3
Baths
1
Park
1
Sqft
1100-1500
DOM
22d
Score
23
Yield
5.8%
Cash on Cash
1.7%
Cap Rate
4.9%
5Y IRR
16.9%
10Y IRR
15.7%
Property Type-Detached
MLS® Number-E13852474
Beds-3
Bathrooms-1
Size-1100-1500 sqft
Lot Size-25 × 150 ft
Listed on site-Oct 1, 2026
Style-2-Storey
Building Type-Detached
Age-100+
Taxes-$5,406.8 (2025)
Parking-1 - None
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-DREAMNEST REALTY INC.
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-Flexible
Neighbourhood-Danforth Village-East York
Title-Residential Freehold

No agent assigned

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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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$792,000
Land Transfer Taxes$16,275
Legal Fees (Est.)
$
Total cash required for closing$215,775

Total Monthly Obligation

$4,819/mo
Mortgage $3,993
Monthly Loss $3,768
Principal$1,051
Interest$2,943
Property Tax$451
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.2%29
Cash-on-Cash
-2.8%4
5-Year IRR
13.4%60
10-Year IRR
13.2%
Returns Index
31.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
23/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$57,576/yr
NOI
$41,912/yr
Net Cash Flow
-$501/mo
Cash Margin
-10.4%1
Cash Flow Index
0.6/ 100
Risk Profile
Weight: 20%
DSCR
0.8718
LTV Ratio
80.0%18
Vacancy Buffer
2.0 mo31
Risk Index
22.4/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 230 Gowan Avenue

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

Data is provided courtesy of PropTx.

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Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

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Data last updated within the past 24 hours.