37 Gowan Avenue, Toronto, ON

Broadview North, Toronto · MLS® E13780860

$849,000
For Sale
Listed 35 days agoNo offer date stated
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1+1Bedrooms
1Bathrooms
0Parking
700-1100Sq ft

About this home

In short

  • A Rare Freehold Semi Ready to Move Into.
  • A Bright Open Concept Renovated Bungalow Featuring , Updated Electrical Panel And Wiring, Plumbing, Granite Counters, Hardwood Flooring Throughout.
  • Neighborly Family Friendly Feel, Conveniently Located For Transit, Multiple TTC Buses, From Broadview Subway, Walk To Parks, Schools And The Dining And Shopping On...

Welcome to East York! A Rare Freehold Semi Ready to Move Into. A Bright Open Concept Renovated Bungalow Featuring , Updated Electrical Panel And Wiring, Plumbing, Granite Counters, Hardwood Flooring Throughout. A Bonus Room in the Moisture protected Lower Level That Could be Completely Finished to Add Space. Front Parking Pad could accomodate one Car. Neighborly Family Friendly Feel, Conveniently Located For Transit, Multiple TTC Buses, From Broadview Subway, Walk To Parks, Schools And The Dining And Shopping On The Danforth.

Key facts

Property type
Semi-Detached, Bungalow
MLS®
E13780860
Bedrooms
1+1 (2 total)
Bathrooms
1
Size
700-1100 sq ft
Lot
18.94 × 125 ft
Cross streets
Broadview Ave & Gowan Ave
Parking
0 parking
Driveway
Mutual
Basement
Partially Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$4,343 / 2026
Days on market
35
Listing brokerage
RE/MAX ULTIMATE REALTY INC.

Rooms

DenMain3.81 × 2.57 m

Hardwood Floor

Primary BedroomMain2.84 × 3.10 m

Hardwood Floor

RecreationBasement2.67 × 2.23 m
Living RoomMain3.68 × 3.81 m

combined w/dining · hardwood floor · open concept

Dining RoomMain3.68 × 3.81 m

combined w/living · hardwood floor · open concept

KitchenMain2.90 × 3.81 m

stainless steel appl · granite counters · hardwood floor

Our TakeTeam Asgarian · Broker
Above what recent sales support
$740Kautomated estimate, from recent sales

Listed at $849,000, about 15% above our estimate of $740K (homes like it typically land between $694K and $776K).

Why $740K. The typical semi-detached home sold in Broadview North over the past year went for about $1.13M (14 sales). What sets this one apart:

  • ▼ Lowers it strongly1+1 bedrooms and 1 baths, against 3 and 2 typically.
  • ▼ Lowers itIt is 700 to 1,100 sq ft; the typical home sold here is 1,100 to 1,500.
  • ▼ Lowers itIts tax bill, which follows the city's own assessment, is $4,343 a year; the typical home sold here pays about $4,800.
  • ▼ Lowers it0 garage and 0 total parking spaces, against 0 and 1 typically.
List price
$694KBelow our range$849KAbove our range

Total price vs nearby homes. Fair value about $740K, learned from recent GTA sales.

The market behind the math:

35days on market so far
$2,944/moest. rent · 10 leases
4.2%gross yield on the ask
This home
Below area avgAbove area avg

Price per square foot: this home lists at $943/sqft against an area asking average of $1,011/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 5 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.00M. 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.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Schools & getting aroundcatchment and transit

The assigned public school is Westwood Middle School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

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

Priced above comparable homes overall, but the price per square foot ($943/sqft) is below the area, so you are paying for extra space rather than a premium.

This listing did not confirm square footage, so I compared on beds, baths, and location instead of size. Confirm the size to sharpen this.

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

Based on 5 comparable homes that sold in Broadview North over the past two years, from 24 closings there.

What sellers nearby are askingCurrently listed nearby · asking prices
$995kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest semi-detached listings on the market. Homes like this one have recently closed around $740K, which is where my estimate comes from.

Per square foot, these ask about $1,063/sqft; this home lists at $943/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
849kThis home1.15M629k899k1.09M1.20MThis home vs active comparables

Sold price trend

Median sold price for semi-detached homes in Toronto: $1.12M in September 2026, up 2% from a year ago, on 2,409 closings in 12 months.

Oct 25Sep 26

Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Toronto as a whole: the neighbourhood alone has too few closings for a line of its own.

Month by month
MonthMedian soldClosings
October 2025$1.08M252
November 2025$1.03M207
December 2025$967K117
January 2026$997K100
February 2026$1.09M151
March 2026$1.18M180
April 2026$1.18M242
May 2026$1.18M282
June 2026$1.21M262
July 2026$999K237
August 2026$970K166
September 2026$1.12M213

Neighbourhood & location

Broadview North, 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.

Danforth
$999K
Greenwood-Coxwell
$969K
South Riverdale
$1.22M
Mount Pleasant East
$1.36M
Woodbine Corridor
$999K

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 Westwood Middle School
70%
Westwood Middle SchoolPublic · Elementary · 0.3 km awayAround the GTA average · 70% meet the provincial standard
East York Alternative Secondary SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
Chester Elementary School · Public elementary0.2 km · 70% at standard
William Burgess Elementary School · Public elementary0.7 km · 59% at standard
Jackman Avenue Junior Public School · Public elementary0.7 km · 79% at standard
Frankland Community School Junior · Public elementary1.2 km · 87% at standard
Holy Name Catholic School · Catholic elementary1.2 km · 80% at standard
Bennington Heights Elementary School · Public elementary1.4 km · 80% at standard
CALC Secondary School · Public secondary1.4 km
Wilkinson Junior Public School · Public elementary1.5 km · 86% at standard
Earl Grey Senior Public School · Public elementary1.6 km
Kapapamahchakwew - Wandering Spirit Scho · Public secondary1.7 km
Kapapamahchakwew - Wandering Spirit Scho Junior Senior · Public elementary1.7 km · 36% at standard
Subway Academy I · Public secondary1.7 km

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

Affordability & Mortgage

Affordability
$3,869/mo
$162KIncome needed
5.2×Price ÷ income
$893Weekly cost
$26,910Land 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.

91%mortgage
Mortgage $3,869Property tax $362Total carry $4,231

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,755per month

Mortgage amount $679,200 · 4.49% over 25 years

$169,800Down payment (20.0%)
$679,200Loan before insurance
$0CMHC premium
$4,117Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,755
Property tax
$362
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,117

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

One-time closing costs

Ontario land transfer tax
$13,455
Toronto municipal land transfer tax
$13,455
Estimated closing costs
$26,910

Plus your down payment of $169,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,545/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

$447,424Total interest paid
$1,126,624Total of all payments
Principal $679,200 Interest $447,424
YearPrincipalInterestBalance
1$15,157$29,908$664,043
2$15,845$29,220$648,198
3$16,564$28,500$631,634
4$17,317$27,748$614,317
5$18,103$26,962$596,214
6$18,925$26,140$577,290
7$19,784$25,281$557,506
8$20,682$24,383$536,823
9$21,621$23,444$515,202
10$22,603$22,462$492,599
11$23,629$21,436$468,970
12$24,702$20,363$444,268
13$25,824$19,241$418,444
14$26,996$18,069$391,448
15$28,222$16,843$363,226
16$29,503$15,562$333,722
17$30,843$14,222$302,879
18$32,243$12,822$270,636
19$33,707$11,358$236,929
20$35,238$9,827$201,691
21$36,838$8,227$164,853
22$38,510$6,555$126,343
23$40,259$4,806$86,084
24$42,087$2,978$43,998
25$43,998$1,067$0

At the end of your 5-year term

Total paid over the term
$225,325
Principal paid down
$82,986
Interest paid
$142,339
Balance remaining
$596,214

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 Broadview North$2,944/mo
$35,328Gross annual rent
3.0%Cap rate after taxes and upkeep
$2,656 to $3,270Typical rent range

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 Broadview North signed at a median of $3,650 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,944. 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.

4.2%
Gross yield
− Property tax $4,343− Insurance $1,400− Vacancy & upkeep $3,886Net operating income $25,699

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

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