41 Gowan Avenue, Toronto, ON

Broadview North, Toronto · MLS® E13876550

$629,000
For Sale
Listed 11 days agoNo offer date stated
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2Bedrooms
2Bathrooms
1Parking
700Sq ft

About this home

In short

  • Set in a family-friendly neighbourhood, this semi-detached home presents an excellent opportunity to renovate, reimagine, or explore a potential condo alternative.
  • The property features a spacious 125-ft-deep lot with a large backyard, a living room,dining area, a bedroom overlooking the rear garden, a kitchen walk-out, hardwood...
  • Enjoy a great location close to parks, schools, East York Community Centre, TTC, the Danforth's vibrant shopping and dining, Broadview Subway Station, and the DVP.

Set in a family-friendly neighbourhood, this semi-detached home presents an excellent opportunity to renovate, reimagine, or explore a potential condo alternative. The property features a spacious 125-ft-deep lot with a large backyard, a living room,dining area, a bedroom overlooking the rear garden, a kitchen walk-out, hardwood floors, windows throughout, a 4-piece bathroom, and a garden shed.The legal front-yard parking adds valuable convenience, while the generous lot offers plenty of outdoor space and future possibilities.Enjoy a great location close to parks, schools, East York Community Centre, TTC, the Danforth's vibrant shopping and dining, Broadview Subway Station, and the DVP. The future Cosburn Subway Station on the Ontario Line adds to the area's long-term appeal and connectivity. An excellent opportunity to create a home tailored to your vision in a well-established and increasingly connected East York community.

Key facts

Property type
Semi-Detached, Other
MLS®
E13876550
Bedrooms
2
Bathrooms
2 (1 half)
Size
700 sq ft
Lot
17.37 × 125 ft
Cross streets
Broadview Ave & Cosburn Ave
Parking
1 parking
Basement
Unfinished
Heating
Baseboard
A/C
None
Exterior
Brick
Foundation
Other
Roof
Other
Sewer
Sewer
Property tax
$4,047 / 2026
Days on market
11
Listing brokerage
RE/MAX HALLMARK REALTY LTD.

Rooms

RecreationBasement6.79 × 4.01 m

Above Grade Window

Dining RoomMain3.24 × 2.96 m

hardwood floor · window

BedroomBasement4.06 × 4.01 m
Living RoomMain2.81 × 4.01 m

hardwood floor · window

BedroomMain2.99 × 2.55 m

overlooks backyard · window

KitchenMain4.68 × 3.22 m

window · walk-out

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 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.

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
$1.34M
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 · 0.2 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 elementary1.4 km · 86% at standard
Earl Grey Senior Public School · Public elementary1.6 km
Kapapamahchakwew - Wandering Spirit Scho · Public secondary1.6 km
Kapapamahchakwew - Wandering Spirit Scho Junior Senior · Public elementary1.6 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
$2,867/mo
$124KIncome needed
5.1×Price ÷ income
$662Weekly cost
$18,110Land 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.

89%mortgage
Mortgage $2,867Property tax $337Total carry $3,204

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)
$2,782per month

Mortgage amount $503,200 · 4.49% over 25 years

$125,800Down payment (20.0%)
$503,200Loan before insurance
$0CMHC premium
$3,120Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,782
Property tax
$337
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$3,120

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

One-time closing costs

Ontario land transfer tax
$9,055
Toronto municipal land transfer tax
$9,055
Estimated closing costs
$18,110

Plus your down payment of $125,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,368/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

$331,484Total interest paid
$834,684Total of all payments
Principal $503,200 Interest $331,484
YearPrincipalInterestBalance
1$11,229$22,158$491,971
2$11,739$21,648$480,232
3$12,272$21,115$467,959
4$12,829$20,558$455,130
5$13,412$19,976$441,718
6$14,021$19,367$427,697
7$14,657$18,730$413,040
8$15,323$18,064$397,717
9$16,019$17,369$381,699
10$16,746$16,641$364,953
11$17,506$15,881$347,446
12$18,301$15,086$329,145
13$19,132$14,255$310,013
14$20,001$13,387$290,012
15$20,909$12,478$269,104
16$21,858$11,529$247,245
17$22,851$10,537$224,395
18$23,888$9,499$200,507
19$24,973$8,415$175,534
20$26,107$7,281$149,427
21$27,292$6,095$122,135
22$28,531$4,856$93,604
23$29,827$3,561$63,777
24$31,181$2,207$32,597
25$32,597$791$0

At the end of your 5-year term

Total paid over the term
$166,937
Principal paid down
$61,482
Interest paid
$105,455
Balance remaining
$441,718

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$1,450/mo
$17,400Gross annual rent
1.6%Cap rate after taxes and upkeep

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.

2.8%
Gross yield
− Property tax $4,047− Insurance $1,400− Vacancy & upkeep $1,914Net operating income $10,039

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

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