294 Gainsborough Rd is a 3-bedroom, 2-bathroom semi-detached home in Toronto, listed for $1,199,000. It has 1100-1500 sq ft of living space.
1A finished basement with a rec room and a fourth bedroom gives you real flexibility - guests, a home office, or extra living space - without compromising the main floors.
A bright, updated semi on quiet Gainsborough with a private backyard you rarely find.The main floor is open and easy: living room into dining room into kitchen, followed by a convenient main-floor laundry room, making it one of the larger floor plans in the area. Three solid bedrooms upstairs. A finished basement with a rec room and a fourth bedroom gives you real flexibility - guests, a home office, or extra living space - without compromising the main floors. Fresh finishes throughout. Central air installed in 2021. Move-in ready.The lot is the standout. Exceptionally deep, fully fenced (perfect for dog owners), and private, with no neighbours behind you. Two parking spots off the lane way. A shed. A peaceful spot for kids, pets, weekend barbecues, or just a quiet evening outside. Set in a well-regarded school district with a community feel, this isn't just a house but a lifestyle.New windows and a new front door went in 2021. Floors were done in 2023. Upgraded electrical in 2023. The roof on the addition was replaced last year, and a new backwater valve was installed this year. Meticulously maintained and ready to become yours.
3 bedrooms, 2 bathrooms, about 1,100 sq ft, works out to roughly $1,090 per square foot. Chat with Zara if you'd like a deeper read on whether this semi-detached fits your budget and timing.
Inside 294 Gainsborough Rd
Every detail from the listing, in one place.
Type
Semi-Detached
Style
2-Storey
Living space
1100-1500 sq ftas stated on the listing
Parking
2 spaces
Basement
Finished, Full
Features & systems
Parking & garage
Parking spaces
2
Interior
Basement
Finished · Full
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2-Storey
Property class
Semi-Detached
294 Gainsborough Rd Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® E14023178$1,199,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 294 Gainsborough Rd Compares to the Toronto Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
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Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$5,890
/mo
based on the purchase price of $1,199,000
$239,800 cash
$959,200 financed
$807,898 total interest
Principal54%$959,200
Interest46%$807,898
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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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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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Toronto
Other 3–4 bed homes for sale in Toronto around $1.2M.
Average days on market31Homes sold in about 31 days on average.
Sale-to-list ratio4899.6%On average, homes sold at or above asking.
Active listings12,371Homes for sale here right now.
Median vs prior 90 days+2.8%Compared with Apr 16 – Jul 15, 2026: prices up.
Based on 9,686 sales from Jul 15 – Oct 13, 2026 (6,629 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
294 Gainsborough Rd is listed at $1,199,000 (MLS® E14023178). Summitly updates the price as soon as the MLS® record changes.
Is $1,199,000 a good price for 294 Gainsborough Rd?
Summitly rates it Well Above Market: the asking price is 15% or more above 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 294 Gainsborough Rd changed?
No — 294 Gainsborough Rd is still listed at its original asking price of $1,199,000.
How many bedrooms and bathrooms does 294 Gainsborough Rd have?
294 Gainsborough Rd has 3 bedrooms and 2 bathrooms, with about 1,100–1,500 square feet of living space. It is a semi-detached home in Toronto.
Is 294 Gainsborough Rd close to transit?
The nearest rapid-transit station is Coxwell Station (Line 2), about 690 m (about a 9-minute walk) in a straight line. Woodbine Station is about 950 m (about a 12-minute walk), and Greenwood Station is about 1.0 km (about a 13-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 294 Gainsborough Rd?
About $5,890 a month — principal and interest on $1,199,000 with 20% down ($239,800), 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 294 Gainsborough Rd compare with other homes in Toronto?
Its asking price of $1,199,000 is about 41% above the median sold price in Toronto over the last 90 days, $848,250, across 9,686 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 294 Gainsborough Rd been sold before?
Summitly has no earlier MLS® sale or lease of 294 Gainsborough Rd on record from the last two years. Older records aren't shown under TRREB rules.
Where is 294 Gainsborough Rd?
294 Gainsborough Rd is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 294 Gainsborough Rd been on the market?
294 Gainsborough Rd was listed today (October 13, 2026).
What is the price per square foot of 294 Gainsborough Rd?
About $799 to $1,090 per square foot: the asking price of $1,199,000 over the 1,100–1,500 sq ft the listing gives as its size range.
Does 294 Gainsborough Rd have parking or a garage?
