30 Gossamer Avenue, Toronto, ON

Newtonbrook East, Toronto · MLS® C13860620

$1,788,000
For Sale
Listed 10 days agoNo offer date stated
4+3Bedrooms
5Bathrooms
2Garage · 4 parking
2500-3000Sq ft

About this home

In short

  • Exceptional 7-bedroom home + den on a premium south-facing 50' x 150' lot.
  • The newly professionally finished 3-bedroom walkout basement further enhances the home's exceptional living space, bringing the total to 7 bedrooms plus 1 den and 5...
  • The custom gourmet kitchen features a centre island, elegant marble backsplash, granite countertops, abundant cabinetry and storage, stainless-steel appliances, and a...
  • Numerous upgrades include a new roof with new plywood (2026), updated insulation (2026), and upgraded 200-amp electrical service can comfortably support a Level 2 EV...
  • Rarely available: 7 bedrooms + den, 5 bathrooms, and a professionally finished 3-bedroom walkout basement, all situated on a desirable south-facing 50" x 150' lot in...

Exceptional 7-bedroom home + den on a premium south-facing 50' x 150' lot! Located in the prestigious Bayview & Steeles area of North York, this spacious and thoughtfully upgraded residence offers an outstanding combination of space, functionality, and versatility. The second level features 4 generously sized bedrooms plus a versatile den with 2 windows, which can easily be used as a home office, study, nursery, or additional bedroom. The newly professionally finished 3-bedroom walkout basement further enhances the home's exceptional living space, bringing the total to 7 bedrooms plus 1 den and 5 bathrooms. A welcoming foyer with a beautiful skylight creates a bright and inviting first impression. With 4 skylights throughout the home, natural light fills the interior. The custom gourmet kitchen features a centre island, elegant marble backsplash, granite countertops, abundant cabinetry and storage, stainless-steel appliances, and a high-performance hood. A large deck off the kitchen provides an ideal space for outdoor dining, entertaining, and enjoying the backyard. Elegant architectural details include a distinctive circular oak staircase and a beautiful stone fireplace that adds warmth and character to the living space. Numerous upgrades include a new roof with new plywood (2026), updated insulation (2026), and upgraded 200-amp electrical service can comfortably support a Level 2 EV charger. Additional features include BBQ gas line hook up on large deck, a RainSoft water softener system & central vacuum system. Rarely available: 7 bedrooms + den, 5 bathrooms, and a professionally finished 3-bedroom walkout basement, all situated on a desirable south-facing 50" x 150' lot in a prestigious North York location. An exceptional opportunity for a large or extended family seeking generous living space and versatility in a highly desirable neighbourhood, close to schools, parks, shopping, transit, and major transportation routes.

Key facts

Property type
Detached, 2-Storey
MLS®
C13860620
Bedrooms
4+3 (7 total)
Bathrooms
5 (1 half)
Size
2500-3000 sq ft
Lot
50.38 × 150.13 ft
Cross streets
Bayview & Steeles
Parking
2 garage · 4 parking (attached)
Driveway
Private
Basement
Finished with Walk-Out
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Poured Concrete
Roof
Shingles
Sewer
Sewer
Property tax
$10,405 / 2026
Days on market
10
Listing brokerage
HOMELIFE BROADWAY REALTY INC.

Rooms

Bedroom 5Basement3.05 × 3.35 m

vinyl floor · closet

Living RoomMain6.10 × 3.83 m

laminate · crown moulding · large window

LaundryMain3.25 × 2.82 m

stone floor · b/i shelves · side door

BedroomBasement3.44 × 5.46 m

vinyl floor · closet · large window

Dining RoomMain4.47 × 3.43 m

laminate · crown moulding · overlooks backyard

DenSecond3.63 × 2.59 m

stone floor · south view · window

RecreationBasement5.79 × 3.51 m

vinyl floor · 4 pc bath · w/o to yard

BedroomBasement3.44 × 4.12 m

vinyl floor · closet · above grade window

KitchenMain3.35 × 3.81 m

stone floor · stainless steel appl · centre island

Primary BedroomSecond7.15 × 3.84 m

laminate · 5 pc ensuite · walk-in closet(s)

Bedroom 3Second4.57 × 2.90 m

laminate · semi ensuite · closet

Family RoomMain6.40 × 3.55 m

wood · stone fireplace · w/o to deck

Bedroom 4Second4.57 × 3.31 m

laminate · 4 pc ensuite · closet

Exercise RoomBasement2.29 × 3.66 m

vinyl floor · overlooks backyard · large window

BreakfastMain2.59 × 3.81 m

stone floor · overlooks backyard · w/o to deck

Bedroom 2Second3.43 × 2.44 m

laminate · semi ensuite · closet

Our TakeTeam Asgarian · Broker
A small discount is typical
$1.72Mlikely sale price

Listed at $1,788,000. Going by how homes in Newtonbrook East and the wider GTA have actually closed against their asking prices (about 96%, 22 local closings in 90 days), the likely sale price is near $1.72M, if it sells. A realistic range is $1.61M to $1.94M.

Independent value check: $1.82M. Without looking at the asking price, our model values the home itself in line with the ask (homes like it typically land between $1.70M and $1.91M).

Why $1.82M. The typical detached home sold in Newtonbrook East over the past year went for about $1.38M (86 sales). What sets this one apart:

  • ▲ Raises it stronglyIts tax bill, which follows the city's own assessment, is $10,405 a year; the typical home sold here pays about $8,800.
  • ▲ Raises itIt is 2,500 to 3,000 sq ft; the typical home sold here is 1,500 to 2,000.
  • ▲ Raises it4+3 bedrooms and 5 baths, against 4+1 and 3 typically.
  • ▲ Raises it slightlyThe listing describes it as fully renovated or newly built.
List price
$1.61MBelow recent closings$1.94MAbove recent closings

Total price vs nearby homes. Likely closing about $1.72M, from 22 recent closings in this pocket.

The market behind the math:

22sold nearby · 90 days
$1.27Mmedian sold price
95%of asking, on average
−11%prices vs a year ago
~22 dayshomes like this take to sell
10days on market so far
$5,442/moest. rent · 10 leases
3.7%gross yield on the ask
Balanced market
Buyer's marketSeller's market

About 3.5 months of inventory: 26 detached homes for sale in the area against 22 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $650/sqft against an area asking average of $806/sqft.

  • Walk-out basement apartment features. A finished 3 bed walk-out basement apartment. A self-contained space for extended family, guests or potential income. Basements do rent in Newtonbrook East: 38 of the 210 detached leases here lately were basement units, around $1,800 a month. That makes the suite real income. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the City of Toronto.
How this estimate is builtthe short version

This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.

It never sees the asking price. The 22 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.71M. Condition and finishes remain an in-person call.

What the listing highlights4 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Walk-out basement: natural light and strong in-law or income potential. Income potential
  • Recent major systems: lower near-term capital costs, ask for the ages and any warranties. Value driver
  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Schools & getting aroundcatchment and transit

Its public catchment (Cummer Valley Middle School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

Read this with carewhy it’s an estimate, not an appraisal

There were not many closely comparable homes right in Newtonbrook East, so I widened the search to the surrounding area.

Based on 22 comparable homes that sold in Newtonbrook East over the past two years, from 145 closings there.

What sellers nearby are askingCurrently listed nearby in Newtonbrook East · asking prices
$2.29Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

Per square foot, these ask about $774/sqft; this home lists at $650/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
1.79MThis home2.00M2.89M1.75M2.54MThis home vs active comparables

Sold price trend

Median sold price for detached homes in Newtonbrook East: $1.25M in September 2026, down 17% from a year ago, on 69 closings in 8 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.

Month by month
MonthMedian soldClosings
October 2025$1.43M5
March 2026$1.40M11
April 2026$2.25M7
May 2026$1.38M15
June 2026$1.31M7
July 2026$1.30M7
August 2026$1.28M9
September 2026$1.25M8

Neighbourhood & location

Newtonbrook East, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Willowdale West
$2.05M
Lansing-Westgate
$2.60M
Bedford Park-Nortown
$2.96M
Lawrence Park South
$2.67M
Oakwood Village
$1.74M

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Cummer Valley Middle School
79%
Cummer Valley Middle SchoolPublic · Elementary · 1.5 km awayAbove the GTA average · 79% meet the provincial standard
Avondale Secondary Alternative SchoolEQAO results not published
Also nearby: 11 more schools within 2.5 km
Brebeuf College School · Catholic secondary0.2 km · 80% at standard
Lillian Public School · Public elementary1.0 km · 62% at standard
St Joseph Morrow Park Catholic Secondary School · Catholic secondary1.2 km · 74% at standard
Steelesview Public School · Public elementary1.2 km · 85% at standard
Lester B Pearson Elementary School · Public elementary1.5 km · 92% at standard
Blessed Trinity Catholic School · Catholic elementary1.8 km · 53% at standard
Finch Public School · Public elementary2.1 km · 72% at standard
Pineway Public School · Public elementary2.1 km · 48% at standard
Newtonbrook Secondary School · Public secondary2.3 km · 68% at standard
Zion Heights Middle School · Public elementary2.4 km · 93% at standard
Drewry Secondary School · Public secondary2.4 km

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$8,149/mo
$342KIncome needed
5.2×Price ÷ income
$1,881Weekly cost
$64,470Land transfer tax, one-time (Ontario + Toronto)
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

90%mortgage
Mortgage $8,149Property tax $867Total carry $9,016

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 16, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$7,909per month

Mortgage amount $1,430,400 · 4.49% over 25 years

$357,600Down payment (20.0%)
$1,430,400Loan before insurance
$0CMHC premium
$8,776Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,909
Property tax
$867
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$8,776

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$32,235
Toronto municipal land transfer tax
$32,235
Estimated closing costs
$64,470

Plus your down payment of $357,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$9,572/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$942,278Total interest paid
$2,372,678Total of all payments
Principal $1,430,400 Interest $942,278
YearPrincipalInterestBalance
1$31,920$62,987$1,398,480
2$33,370$61,537$1,365,110
3$34,885$60,022$1,330,225
4$36,469$58,438$1,293,756
5$38,125$56,783$1,255,632
6$39,856$55,051$1,215,776
7$41,665$53,242$1,174,111
8$43,557$51,350$1,130,554
9$45,535$49,372$1,085,019
10$47,602$47,305$1,037,417
11$49,763$45,144$987,653
12$52,023$42,884$935,631
13$54,385$40,522$881,246
14$56,854$38,053$824,391
15$59,436$35,471$764,956
16$62,134$32,773$702,821
17$64,955$29,952$637,866
18$67,905$27,002$569,961
19$70,988$23,919$498,974
20$74,211$20,696$424,763
21$77,580$17,327$347,182
22$81,103$13,804$266,079
23$84,785$10,122$181,294
24$88,635$6,272$92,659
25$92,659$2,248$0

At the end of your 5-year term

Total paid over the term
$474,536
Principal paid down
$174,768
Interest paid
$299,767
Balance remaining
$1,255,632

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
From 10 whole-home leases in Newtonbrook East$5,442/mo
$65,304Gross annual rent
2.6%Cap rate after taxes and upkeep
$4,973 to $6,249Typical rent range
~24 daysTo find a tenant, on average

The suite is real income here: basements rent in Newtonbrook East (38 of 210 recent detached leases were basement units, around $1,800 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,800 a month on top of the upper floors. Permitted use is worth confirming with the city.

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 10 whole-home leases in Newtonbrook East signed at a median of $4,965 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $5,442. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

3.7%
Gross yield
− Property tax $10,405− Insurance $1,400− Vacancy & upkeep $7,183Net operating income $46,316

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HOMELIFE BROADWAY REALTY INC.. MLS®/PropTx.

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