31 Gates Avenue, Toronto - Sold for $960,000 | Modern Solution Realty

31 Gates Avenue, Toronto

31 Gates Avenue in Toronto - 5 bedroom, 3 bathroom. Sold for $960,000. Listed at $868,000.

This classic brick residence presents a remarkable "blank canvas" opportunity for visionary homeowners, meticulous flippers, or savvy investors looking to build significant equity in a sought-after community. Its structural bones and traditional layout offer the perfect foundation for a modern transformation. Situated on 26 x 100 ft lot, the existing property offers 3 bedrooms, 3 bathrooms with endless redevelopment potential. Bright living room anchored by a fireplace and large bay window, flowing into a formal dining area with original character. The basement includes laundry facilities, a bathroom, and ample space for a workshop or recreation room. A separate entrance which allows in-law living or rental income potential. Enjoy a rear attached garage, and just the right amount of green space for outdoor living, gardening, or future landscaping plans. Set in a well-connected and quiet neighbourhood, located between Woodbine and Main Street Subway, 10 Mins walk to Danforth GO, shops, parks, restaurants, and top community amenities. This is a rare chance to secure a premium lot in a highly desirable pocket of East York. Property sold in "as-is, where-is condition". Photos have been edited and virtually staged.

Property Details

  • Property Type: Mortgage
  • Style: 2-Storey
  • Square Footage: 1750 sqft
  • Basement: Separate Entrance
  • Heating: Gas
  • Cooling: Central Air
  • Parking: 2 spaces
  • Property Taxes: $5,075/yr
  • Neighbourhood: East End-Danforth
  • Postal Code: M4C 1T1

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