294 Gainsborough Road, Toronto, ON
Woodbine Corridor, Toronto · MLS® E13756126
About this home
In short
- This thoughtfully updated semi is the kind of home that feels effortless as soon as you walk in.
- Meticulously maintained, a smart and functional layout, and a private backyard come together in a neighbourhood families love.
- Fresh renovations throughout create a bright, contemporary feel, and the stylishly finished basement adds extra space for family movie nights, guests, or a quiet home...
- Out back, a private yard waits - a peaceful spot for kids, pets, weekend barbecues, or just a quiet evening outside.
This thoughtfully updated semi is the kind of home that feels effortless as soon as you walk in. Meticulously maintained, a smart and functional layout, and a private backyard come together in a neighbourhood families love. The main floor flows naturally from living space to dining and kitchen - perfect for everyday life and easy gatherings. A main-floor laundry room keeps the daily routine simple, while three well-sized bedrooms give everyone room to settle in. Fresh renovations throughout create a bright, contemporary feel, and the stylishly finished basement adds extra space for family movie nights, guests, or a quiet home office. Out back, a private yard waits - a peaceful spot for kids, pets, weekend barbecues, or just a quiet evening outside. Set in a well-regarded school district with a convenient, community-minded feel, this house is a space for you to live, grow, and feel at home.
Key facts
- Property type
- Semi-Detached, 2-Storey
- MLS®
- E13756126
- Bedrooms
- 3+1 (4 total)
- Bathrooms
- 2
- Size
- 1100-1500 sq ft
- Lot
- 16 × 139.41 ft
- Cross streets
- Coxwell/Gerrard
- Parking
- 2 parking
- Driveway
- Lane
- Basement
- Finished, Full
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Unknown
- Roof
- Asphalt Shingle
- Sewer
- Septic
- Property tax
- $5,294 / 2026
- Days on market
- 21
- Listing brokerage
- CENTURY 21 FINE LIVING REALTY INC.
Rooms
Listed at $1,249,000. Going by how homes in Woodbine Corridor and the wider GTA have actually closed against their asking prices (about 101%, 10 local closings in 90 days), the likely sale price is near $1.26M, if it sells. A realistic range is $1.18M to $1.42M.
Independent value check: $1.30M. Without looking at the asking price, our model values the home itself about 4% above the ask (homes like it typically land between $1.22M and $1.36M).
Why $1.30M. The typical semi-detached home sold in Woodbine Corridor over the past year went for about $1.12M (58 sales). What sets this one apart:
- ▲ Raises itThe listing describes it as fully renovated or newly built.
- ▲ Raises itIts tax bill, which follows the city's own assessment, is $5,294 a year; the typical home sold here pays about $5,000.
Total price vs nearby homes. Likely closing about $1.26M, from 10 recent closings in this pocket.
The market behind the math:
About 1.8 months of inventory: 6 semi-detached homes for sale in the area against 10 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $961/sqft against an area asking average of $939/sqft.
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 10 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.26M. Condition and finishes remain an in-person call.
What the listing highlights3 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
Schools & getting aroundcatchment and transit
The assigned public school is Bowmore Road Junior and Senior Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.
Based on 6 homes sold on this street over the past two years, from 128 closings in Woodbine Corridor.
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 $884/sqft; this home lists at $961/sqft. Size is part of the price story, not just the sticker.
The 4 closest active listings nearby.
See all comparable homesNeighbourhood & location
Woodbine Corridor, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Also nearby: 12 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
Affordability & Mortgage
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.
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
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of September 30, 2026); conventional rates run a little higher.
Mortgage amount $999,200 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,525
- Property tax
- $441
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $5,966
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $21,455
- Toronto municipal land transfer tax
- $21,455
- Estimated closing costs
- $42,910
Plus your down payment of $249,800. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $331,485
- Principal paid down
- $122,084
- Interest paid
- $209,401
- Balance remaining
- $877,116
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 21 whole-home leases in Woodbine Corridor signed at a median of $3,586 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,706. 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of CENTURY 21 FINE LIVING REALTY INC.. MLS®/PropTx.