298 Gainsborough Road, Toronto, ON

$1,039,000
MLS#:E12384494
3 beds
2 baths
1100-1500 sqft
2.0 parking
Residential Freehold
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable 2-Storey semi-detached located in the coveted neighborhood of Woodbine Corridor. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $1,039,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1100-1500 sqft on a premium 16.1 x 135.64 ft lot
  • Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: On Demand Water Heater, Sump Pump, Garburator
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Fully Renovated 3-Bed, 2-Bath Semi in Torontos Upper BeachesThis stunning semi-detached home in Torontos Upper Beaches has been completely reimagined with hundreds of thousands invested in top-to-bottom renovations. From the moment you walk in, youll notice the brand-new main floor featuring bright, open living spaces that flow seamlessly into a fully redesigned kitchen with modern finishes and thoughtful details. Both bathrooms, including a stylish second-floor bath and a large second bath, have been completely updated to combine function with contemporary design.The lower level has been transformed into a comfortable and versatile living space, complete with a rec room, laundry area, and bath, offering additional room for family, work, or play. Beyond the visible updates, the home provides true peace of mind with brand-new plumbing to the street, a full waterproofing system, and upgraded electrical, new roof and siding.Outside, this property continues to shine. The private garage has been fitted with a new wall-mounted door opener to maximize interior space and perfect for storage or parking. Additional conveniences include private laneway parking, a welcoming front porch, and a functional mudroom. The extra-deep lot offers rare outdoor space in the city with a large deck and the quiet dead-end street ensures privacy with no neighbours behind.Perfectly situated in one of Torontos most desirable and family-friendly neighbourhoods, this home is a true turnkey opportunity. Every major detail has already been taken care of, making it easy for the next owner to simply move in and enjoy.

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Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateSeptember 10, 2025
Sold price information is available to members only
Listed Date9/5/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeSemi-Detached
Architectural Style2-Storey
ConstructionBrick, Vinyl Siding
BasementFinished
Lot Size16.1 × 135.64 Feet
CountyToronto
Annual Tax$4,907
Legal DescriptionPT LT 184 PL 459E TORONTO AS IN ET123699; T/W & S/T ET123699; CITY OF TORONTO

Parking & Garage

Parking Spaces2.0
Garage Spaces1
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Beach, Fenced Yard, Park, School, Ravine, Marina

Interior Features

On Demand Water Heater, Sump Pump, Garburator, Carpet Free, Storage, Auto Garage Door Remote

Security Features

Community Features

Location

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298 Gainsborough Road, Toronto, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 298 Gainsborough Road, Toronto E02, ON M4L 3C6

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

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Interest Rate5.25%
Down Payment$207,800 (20.0%)
* Minimum Canadian down payment required for this price is $207,800.
Amortization Period25 Years
Estimated Monthly Payment$4,953Based on a loan of $831,200 over 25 years.
Purchase Price$1,039,000
Loan Amount$831,200
Provincial Land Transfer Tax:$17,255
Toronto Municipal Land Transfer Tax:$17,255
Total Estimated Closing Taxes:$34,510

About Purchasing a Home in Toronto, ON

For a property listed at $1,039,000 in Toronto, the legal minimum down payment is $207,800 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $17,255 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $17,255 also applies, bringing the total estimated land transfer taxes to $34,510.

Nearby Listings

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Woodbine Corridor, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$1,189,742

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Local Schools Guide

Elementary Schools

Georges-Étienne-Cartier
Public250 Gainsborough Road, East York, Toronto, Ontario, M4L 3C6
7.7
Bowmore Road
Public80 Bowmore Road, East York, Toronto, Ontario, M4L 3J2
4.7
Roden
Public151 Hiawatha Road, East York, Toronto, Ontario, M4L 2Y1
5.3
Norway
Public390 Kingston Road, East York, Toronto, Ontario, M4L 1T9
7.6
Earl Beatty
Public55 Woodington Avenue, East York, Toronto, Ontario, M4C 3J6
7.4

Secondary Schools

Monarch Park
Public1 Hanson Street, East York, Toronto, Ontario, M4J 1G6
8.0
St. Patrick
Catholic49 Felstead Avenue, East York, Toronto, Ontario, M4J 1G3
7.1
Danforth
Public800 Greenwood Avenue, East York, Toronto, Ontario, M4J 4B7
5.8
Riverdale
Public1094 Gerrard Street East, Toronto, Ontario, M4M 2A1
8.7

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.