2 Four Oaks Gate, Toronto, ON

East York, Toronto · MLS® E13818124

$1,249,000
For Sale
Listed 26 days agoNo offer date stated
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2+1Bedrooms
2Bathrooms
1Garage · 3 parking
1100-1500Sq ft

About this home

In short

  • Rare opportunity to own a beautifully preserved 2-storey double-brick home on a private corner cul-de-sac lot, tucked away on one of East York's most sought-after...
  • Surrounded by mature cedars, this exceptional property offers privacy, curb appeal, and timeless architectural character with thoughtful modern updates throughout...
  • Upstairs offers two generous bedrooms, ample closet space, and a renovated bathroom with brand-new stacked laundry.
  • Massive future upside: an easy bump-out addition over the garage provides incredible potential to expand your square footage, adding extra bedrooms and a bath to...
  • Outside, enjoy a private yard oasis with perennial gardens, a tranquil fish pond, and a stone patio equipped with electrical and water hookups for a future hot tub.

Rare opportunity to own a beautifully preserved 2-storey double-brick home on a private corner cul-de-sac lot, tucked away on one of East York's most sought-after streets. Surrounded by mature cedars, this exceptional property offers privacy, curb appeal, and timeless architectural character with thoughtful modern updates throughout .Classic craftsmanship shines through original hardwood floors, solid wood doors, an elegant oak staircase, crown moulding, and 7-inch baseboards. The spacious living and dining rooms flow seamlessly into a refreshed kitchen featuring quartz countertops and sleek porcelain tile flooring, creating an inviting space for everyday living and entertaining. Upstairs offers two generous bedrooms, ample closet space, and a renovated bathroom with brand-new stacked laundry. Massive future upside: an easy bump-out addition over the garage provides incredible potential to expand your square footage, adding extra bedrooms and a bath to build your dream home in an established multi-million dollar pocket. A separate side entrance leads to a fully finished lower-level in-law suite, ideal for extended family, guests, or strong rental income potential. The suite features a sleek kitchen with quartz countertops and porcelain tile, a large bedroom, 3-piece bathroom, and dedicated private laundry. Outside, enjoy a private yard oasis with perennial gardens, a tranquil fish pond, and a stone patio equipped with electrical and water hookups for a future hot tub. A private driveway and built-in garage add rare convenience and flexibility. Unbeatable East York location steps to Four Oaks Gate Park, seconds to the DVP, and minutes to downtown. Located within sought-after school districts, including Diefenbaker French Immersion and Leaside High. A rare combination of preserved character, modern comfort, income versatility, and substantial future upside. Move in, enjoy, and make it your own!

Key facts

Property type
Detached, 2-Storey
MLS®
E13818124
Bedrooms
2+1 (3 total)
Bathrooms
2
Size
1100-1500 sq ft
Lot
120.71 × 110.17 ft
Cross streets
O'CONNOR DR. & DUSTAN CRS.
Parking
1 garage · 3 parking (attached)
Driveway
Available, Private
Basement
Apartment, Separate Entrance
Kitchens
2 (1 + 1)
Heating
Radiant
A/C
Wall Unit(s)
Exterior
Shingle , Brick
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$5,007 / 2025
Days on market
26
Listing brokerage
REMAX YOUR COMMUNITY REALTY

Rooms

Primary BedroomSecond4.29 × 3.52 m

hardwood floor · crown moulding · overlooks frontyard

LaundrySecond0.00 × 0.00 m
Primary BedroomBasement3.20 × 4.64 m

pot lights · fireplace insert · crown moulding

Dining RoomMain3.85 × 2.28 m

hardwood floor · crown moulding · combined w/family

LaundryBasement3.33 × 2.16 m

concrete floor · finished · separate room

KitchenBasement2.39 × 2.67 m

pot lights · renovated · breakfast bar

BathroomBasement2.32 × 1.44 m

renovated · tile floor · swing doors

BathroomSecond2.63 × 2.44 m

4 pc bath · b/i shelves · updated

Living RoomMain3.85 × 5.20 m

hardwood floor · crown moulding · overlooks frontyard

KitchenMain2.75 × 3.10 m

porcelain floor · stainless steel appl · backsplash

Bedroom 2Second3.51 × 3.82 m

hardwood floor · crown moulding · overlooks backyard

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

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

What sellers nearby are askingCurrently listed nearby in East York · asking prices
$1.25Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market.

Per square foot, these ask about $894/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 homes
1.25MThis home1000k1.70M1.39M920kThis home vs active comparables

Neighbourhood & location

East York, 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.

Woodbine-Lumsden
$949K
Leaside
$2.15M
Banbury-Don Mills
$5.50M
Wexford-Maryvale
$849K
St. Andrew-Windfields
$4.10M

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 Diefenbaker Elementary School
68%
Diefenbaker Elementary SchoolPublic · Elementary · 0.7 km awayBelow the GTA average · 68% meet the provincial standard
East York Alternative Secondary SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
William Burgess Elementary School · Public elementary0.8 km · 59% at standard
East York Collegiate Institute · Public secondary1.0 km · 64% at standard
Thorncliffe Park Public School · Public elementary1.0 km · 33% at standard
Fraser Mustard Early Learning Academy · Public elementary1.2 km
East York Alternative Secondary School · Public secondary1.2 km
R H McGregor Elementary School · Public elementary1.2 km · 68% at standard
Chester Elementary School · Public elementary1.4 km · 70% at standard
Westwood Middle School · Public elementary1.4 km · 70% at standard
Marc Garneau Collegiate Institute · Public secondary1.4 km · 53% at standard
Valley Park Middle School · Public elementary1.6 km · 51% at standard
Danforth Collegiate Institute and Technical School · Public secondary1.6 km · 66% at standard
Wilkinson Junior Public School · Public elementary1.6 km · 86% at standard

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

Affordability & Mortgage

Affordability
$5,693/mo
$233KIncome needed
5.4×Price ÷ income
$1,314Weekly cost
$42,910Land 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.

93%mortgage
Mortgage $5,693Property tax $417Total carry $6,110

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 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$5,525per month

Mortgage amount $999,200 · 4.49% over 25 years

$249,800Down payment (20.0%)
$999,200Loan before insurance
$0CMHC premium
$5,942Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,525
Property tax
$417
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$5,942

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

6.49%Qualifying rate
$6,687/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

$658,224Total interest paid
$1,657,424Total of all payments
Principal $999,200 Interest $658,224
YearPrincipalInterestBalance
1$22,298$43,999$976,902
2$23,310$42,987$953,592
3$24,369$41,928$929,223
4$25,475$40,822$903,748
5$26,632$39,665$877,116
6$27,841$38,456$849,275
7$29,105$37,192$820,170
8$30,427$35,870$789,744
9$31,808$34,489$757,936
10$33,252$33,045$724,683
11$34,762$31,535$689,921
12$36,340$29,957$653,581
13$37,990$28,307$615,590
14$39,715$26,582$575,875
15$41,519$24,778$534,357
16$43,404$22,893$490,953
17$45,374$20,923$445,579
18$47,435$18,862$398,144
19$49,588$16,709$348,556
20$51,840$14,457$296,716
21$54,193$12,104$242,523
22$56,654$9,643$185,869
23$59,226$7,071$126,642
24$61,916$4,381$64,727
25$64,727$1,570$0

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.

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
Estimate$2,300/mo
$27,600Gross annual rent
1.5%Cap rate after taxes and upkeep

Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.

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

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

2.2%
Gross yield
− Property tax $5,007− Insurance $1,400− Vacancy & upkeep $3,036Net operating income $18,157

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

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