248 Gowan Ave, Toronto

Name: 248 Gowan Avenue
SKU: E13122974
Price: 1499999 CAD
Availability: InStock

4 Bed, 3 Bath Detached Home in Toronto

About 248 Gowan Avenue

Experience the perfect blend of space and sophistication in this stunning detached residence, ideally situated just steps from the Danforth and Pape Subway Station. This expansive home boasts four large bedrooms and four bathrooms, complemented by a versatile two bedroom basement suite featuring its own kitchen, living area, and separate entrance, perfect for in-laws or extended family. The heart of the home is a gourmet eat in kitchen finished with premium granite countertops, which leads into an inviting living space anchored by a cozy gas fireplace and warm oak wood floors throughout. Designed for those who love to host, the property sits on a premium lot featuring a built in garage and a total of five parking spaces, offering a seamless transition to outdoor living with a magnificent two tiered patio deck and a large, private backyard perfect for summer entertaining. Disclosure: Property Pictures have been A.I Virtually Staged for illustration Purposes Only.

4 bedrooms, 3 bathrooms, about 2,000 sq ft, works out to roughly $750 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.

Inside 248 Gowan Ave

Every detail from the listing, in one place.

Type: Detached
Style: 2-Storey
Living space: 2000-2500 sq ftas stated on the listing
Parking: 5 spacesYes garage
Basement: Apartment, Separate Entrance

Features & systems

Parking & garage

Garage: Yes
Parking spaces: 5

Interior

Basement: Apartment · Separate Entrance

Lot & land

Lot size (sqft): 0

Listing & possession

Property style: 2-Storey
Property class: Detached

248 Gowan Ave Price & Sale History

Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.

LeasedPreviously listedMLS® E13123198View listing (opens in a new tab)
May 13, 2026For saleListedThis listingMLS® E13122974$1,499,999

See what it sold for, free. Board rules need a free account before we can show sold and past prices.

Sourced from MLS®. Includes earlier listings of this property on record.

What's it worth?

How 248 Gowan Ave Compares to the Toronto Market

Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.

Zara’s estimate

Excellent Deal· based on 16,058 recent sales

Value your own home →How accurate are Zara’s estimates?

Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works

Toronto market, last 90 days

Median sold price: $840,000
Average sold price: $1,084,396
Average days on market: 32
Homes sold: 9,205

Closed sales on the TRREB MLS®.

Full Toronto market report

Market pulse · Toronto

Toronto market

Median sold price$840,000Last 90 days
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio5150.2%On average, homes sold at or above asking.
Active listings13,124Homes for sale here right now.
Median vs prior 90 days−0.6%Compared with May 14 – Aug 12, 2026: prices down.

Based on 9,205 sales from Aug 12 – Nov 10, 2026 (7,279 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.

Recently sold nearby in Toronto

Sold prices are shown free to signed-in members, as board rules require.

6 nearby sales vs. this home

Closed sales from MLS®, compared with this home's asking price.

See what these homes actually sold for

Free with a Summitly account. Sign in once and sold prices unlock across the site.

Home	Sold price	$ / sqft	% of asking	Sold
This home248 Gowan Avenue 4 bd · 3 ba · 2,000 sqft	$1,499,999asking	$750	—	—
568 Cummer Avenue 4 bd · 3 ba · 2,000 sqft
36A Doverwood Court 4 bd · 4 ba · 2,500 sqft
34 Elliotwood Court 4 bd · 4 ba · 2,500 sqft
516 Douglas Avenue 5 bd · 5 ba · 3,500 sqft
60 Manor Road 3 bd · 1 ba · 1,100 sqft
35 Langevin Crescent 4 bd · 1 ba · 1,500 sqft

568 Cummer Avenue
4 bd · 3 ba · 2,000 sqft
36A Doverwood Court
4 bd · 4 ba · 2,500 sqft
34 Elliotwood Court
4 bd · 4 ba · 2,500 sqft
516 Douglas Avenue
5 bd · 5 ba · 3,500 sqft
60 Manor Road
3 bd · 1 ba · 1,100 sqft
35 Langevin Crescent
4 bd · 1 ba · 1,500 sqft

Living in Toronto: Location & Amenities

Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.

Transit nearby

Stations and stops, straight-line distance

Donlands StationLine 21.1 km13 min walk
Pape StationLine 21.1 km14 min walk
Greenwood StationLine 21.3 km17 min walk

Places from OpenStreetMap (© OpenStreetMap contributors) and Summitly's station list. Distances are straight-line, not routes.

Loading schools, parks, groceries and more nearby…

Transit

Donlands Station (Line 2)13 min walk
Pape Station (Line 2)14 min walk
Greenwood Station (Line 2)17 min walk

Nearest subway, GO and LRT stations first, then bus and streetcar stops.

Donlands Station
1.1 km13 minClosest· Line 2
Homes near Donlands Station
Pape Station
1.1 km14 min· Line 2
Homes near Pape Station
Greenwood Station
1.3 km17 min· Line 2
Homes near Greenwood Station

Straight-line distances from the listing; walking times assume about 80 m a minute. Places © OpenStreetMap contributors, a community-maintained map that may miss or misplace some places. Directions and place details open on Google Maps.

How long is your commute?

From 248 Gowan Ave. Typical times without traffic delays; transit times aren't available yet.

Costs, Mortgage & Rental Return for 248 Gowan Ave

What it could cost each month, today's rates from our mortgage partner, and what it could return as a rental.

Mortgage: $7,369; 20% down · 25 years · 5.5% assumed
Property tax: $825; 0.66% mill rate · ON
Total per month: $8,194; Before utilities, insurance and fees

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

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Monthly cost

Enter a rate to see the monthly cost

Down payment

Rate (%)

Years

An estimate, not a quote. Utilities and insurance are extra.

Affordability calculator

Estimated monthly payment

$7,369

/mo

based on the purchase price of $1,499,999

Down payment20%

$300,000 cash

Amortization25 yr

$1,199,999 financed

Rate5.50%

$1,010,714 total interest

Principal54%$1,199,999

Interest46%$1,010,714

20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

Want rate-drop alerts and a saved shortlist?

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

Rental income potential

Est. monthly rent

low–high

Gross yield

rent × 12 ÷ price

Cap rate (est.)

net of tax + fees

Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.

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Questions About 248 Gowan Ave

How much is 248 Gowan Ave listed for?

248 Gowan Ave is listed at $1,499,999 (MLS® E13122974). Summitly updates the price as soon as the MLS® record changes.

Is $1,499,999 a good price for 248 Gowan Ave?

Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Toronto. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate

Has the price of 248 Gowan Ave changed?

No — 248 Gowan Ave is still listed at its original asking price of $1,499,999.

How many bedrooms and bathrooms does 248 Gowan Ave have?

248 Gowan Ave has 4 bedrooms and 3 bathrooms, with about 2,000–2,500 square feet of living space. It is a detached home in Toronto.

Is 248 Gowan Ave close to transit?

The nearest rapid-transit station is Donlands Station (Line 2), about 1.1 km (about a 13-minute walk) in a straight line. Pape Station is about 1.1 km (about a 14-minute walk), and Greenwood Station is about 1.3 km (about a 17-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.

How much would the monthly mortgage be on 248 Gowan Ave?

About $7,369 a month — principal and interest on $1,499,999 with 20% down ($300,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.

How does 248 Gowan Ave compare with other homes in Toronto?

Its asking price of $1,499,999 is about 79% above the median sold price in Toronto over the last 90 days, $840,000, across 9,205 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.

Has 248 Gowan Ave been sold before?

Yes — Summitly has 1 earlier MLS® listing of 248 Gowan Ave on record. Their prices and dates are shown to signed-in members under TRREB rules: sign in free to see them in the Listing history above.

Where is 248 Gowan Ave?

248 Gowan Ave is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.

How long has 248 Gowan Ave been on the market?

181 days — 248 Gowan Ave was listed on May 13, 2026.

What is the price per square foot of 248 Gowan Ave?

About $600 to $750 per square foot: the asking price of $1,499,999 over the 2,000–2,500 sq ft the listing gives as its size range.

Does 248 Gowan Ave have parking or a garage?

Yes — the listing gives 5 parking spaces. Garage: Yes.

What you should know

4 Bed, 3 Bath Detached Home in Toronto

About 248 Gowan Avenue

Inside 248 Gowan Ave

Features & systems

248 Gowan Ave Price & Sale History

How 248 Gowan Ave Compares to the Toronto Market

Toronto market, last 90 days

Recently sold nearby in Toronto

Living in Toronto: Location & Amenities

How long is your commute?

Costs, Mortgage & Rental Return for 248 Gowan Ave

Monthly cost of owning

Mortgage payments

Monthly cost

Rental income potential

Own a home on Gowan Avenue? See what yours is worth

Zara, any time

A licensed local agent

See 248 Gowan Ave, Toronto in person

Similar homes for sale nearby in Toronto

Explore More Detached Homes in Toronto

4 Bed, 3 Bath Detached Home in Toronto

About 248 Gowan Avenue

Inside 248 Gowan Ave

Features & systems

248 Gowan Ave Price & Sale History

How 248 Gowan Ave Compares to the Toronto Market

Toronto market, last 90 days

Market pulse · Toronto

Recently sold nearby in Toronto

Living in Toronto: Location & Amenities

Transit nearby

Transit

How long is your commute?

Costs, Mortgage & Rental Return for 248 Gowan Ave

Monthly cost of owning

Mortgage payments

Monthly cost

Rental income potential

Own a home on Gowan Avenue? See what yours is worth

Zara, any time

A licensed local agent

See 248 Gowan Ave, Toronto in person

Questions About 248 Gowan Ave

How much is 248 Gowan Ave listed for?

Is $1,499,999 a good price for 248 Gowan Ave?

Has the price of 248 Gowan Ave changed?

How many bedrooms and bathrooms does 248 Gowan Ave have?

Is 248 Gowan Ave close to transit?

How much would the monthly mortgage be on 248 Gowan Ave?

How does 248 Gowan Ave compare with other homes in Toronto?

Has 248 Gowan Ave been sold before?

Where is 248 Gowan Ave?

How long has 248 Gowan Ave been on the market?

What is the price per square foot of 248 Gowan Ave?

Does 248 Gowan Ave have parking or a garage?

Similar homes for sale nearby in Toronto

Explore More Detached Homes in Toronto

Market pulse · Toronto

Transit nearby

Transit

Questions About 248 Gowan Ave

How much is 248 Gowan Ave listed for?

Is $1,499,999 a good price for 248 Gowan Ave?

Has the price of 248 Gowan Ave changed?

How many bedrooms and bathrooms does 248 Gowan Ave have?

Is 248 Gowan Ave close to transit?

How much would the monthly mortgage be on 248 Gowan Ave?

How does 248 Gowan Ave compare with other homes in Toronto?

Has 248 Gowan Ave been sold before?

Where is 248 Gowan Ave?

How long has 248 Gowan Ave been on the market?

What is the price per square foot of 248 Gowan Ave?

Does 248 Gowan Ave have parking or a garage?