This Property Has Been Sold
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$868,000
31 Gates Ave
Toronto E02, ON M4C 1T1
31 Gates Ave, Toronto E02 — Sold for $868,000. 5 bedroom, 3 bathroom 2-Storey Detached. MLS® E13153222.
Description
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
Listing Courtesy of: RE/MAX HALLMARK REALTY LTD.
MLS® #E13153222
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HouseIndex Take: 31 Gates Avenue
This detached (2-Storey) is located in the East End-Danforth neighbourhood of Toronto.
The home offers 5+2 bedrooms, 3 bathrooms.
Features include a separate entrance basement, 2 parking spaces including a 1-car garage, a fireplace.
Additional details: lot dimensions of 26 × 100 feet.
This property has been sold. Annual property taxes were $5,075 (2025). Sign in to view the sold price.
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About Toronto Real Estate
This Detached in the East End-Danforth community in Toronto has been sold. Toronto is Canada's largest city and the economic hub of the Greater Toronto Area. With world-class transit, diverse neighbourhoods from the Annex to Scarborough, and proximity to major employers in the Financial District, it remains the most sought-after real estate market in Ontario. Buyers benefit from extensive GO Transit and TTC subway connectivity. Detached homes in Toronto are in high demand among families seeking space, privacy, and long-term equity growth. Reviewing sold prices in the area helps buyers and sellers understand current market values.