248 Gowan Avenue, Toronto E03

Price: $3,999

6 bedrooms, 4 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: E13123198

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. Professionally Managed by Condo1 Property Management Inc. Some photos have been virtually staged for visualization purposes.

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$3,999/mo - 248 Gowan Avenue, Danforth

Detached for Rent in Danforth

31 days on market
6Beds
4Baths
2,000 - 2,499Sq Ft
Detached
Property Details
MLS Number
E13123198
Property Type
Detached
Status
active
Days on Site
31
Bedrooms
6
Bathrooms
4
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Danforth / East York
Listing Brokerage
ROYAL LEPAGE SIGNATURE REALTY
Description

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. Professionally Managed by Condo1 Property Management Inc. Some photos have been virtually staged for visualization purposes.

Neighbourhood Guide: Danforth / East York

Discover Danforth / East York

Danforth / East York is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Danforth / East York

  • Convenient location in Danforth / East York
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Danforth / East York offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

248 Gowan Avenue, Danforth / East York

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Rental Market Analysis

How this lease stacks up against the local rental market

Asking Rent
$3,999/mo
≈ At typical 6-bed market rent
Annual Rent Cost
$47,988
12 × monthly rent

Estimated Monthly Budget

Asking Rent$3,999/mo
Utilities (est.)~$180/mo
Est. Total Monthly Cost~$4,179/mo

Things to Confirm Before Signing

· Are utilities included, or separate?

· How many parking spots are included?

· Is the landlord open to a 1-year or 2-year lease?

· Are pets and small renovations (paint, hooks) allowed?

· When was the last rent increase, if there is a prior tenant?

Utility estimates are approximate and vary by season, habits, and what the landlord includes. Always confirm inclusions with the listing agent.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Fairly Priced Rental

At $3,999/mo, this is in line with typical 4-bedroom rents in Danforth (~$4,200/mo). The rent itself may be firm, but there's often room to negotiate on lease terms — move-in date, appliance inclusions, or parking.

Market Position

At 31 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Detached Home Advantages

Detached homes in Danforth are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Excellent Flexibility

With 6 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Danforth.

Bathroom Count Matters

With 4 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

Lease Terms to Negotiate

Don't just focus on the monthly rent — the lease terms matter just as much. I always advise my rental clients to clarify: what's included (parking, storage, utilities), the lease length options, the landlord's policy on renewals, and whether small personalizations like painting are permitted. These details can make or break your experience over 12–24 months.

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    MLS# E13123198 — 248 Gowan Avenue, Danforth / East… | Battaglia Team