28 days on market
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$2,095,000
For Sale

115 Gladstone Ave

Little Portugal, Toronto

5+null Bed|5 Bath|Yes|28 days on market

$2,095,000

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Home Details

Taxes
$765 / month
Total Parking Spots
3
Garage Spaces
NaN
Furnished
No
Lot Size
25 x 115 Feet
Move-in Date
May 15, 2025
Hydro Included
No
Heating
Radiant
Water Included
No
Family Room
Yes
Basement
Finished
Fireplace
N
Air Conditioning
Other
Central Vaccum
No
Exterior
Brick
Sewer
Sewers
Property Type
Detached
Style
2-Storey
Status
New
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Listing Description

Rare opportunity to own a fully legal 5-unit income property in one of Torontos most sought-after rental neighbourhoods. Four of five units have been renovated, offering strong in-place income with significant upside as units turn over to market rents. High cap rate in a high-growth area perfect for the savvy investor. Recent upgrades include roof shingles (2021), new sump pump (2024), and boiler pump (2025). Excellent tenant profile and minimal vacancy.Laneway access at the rear presents potential for a laneway suite (buyer to verify), adding future income potential. Steps to Queen West, transit, and all urban amenities. This is a rare, turnkey asset with stability, upside, and long-term value.

Property History

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Rooms

Room dimensions for 115 Gladstone Ave, Toronto
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Market Trends and Insights

Mortgage Calculator

Your estimated monthly payment for 115 Gladstone Ave is 11093

Price

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Total Mortgage


Purchase Price$2095000
Down Payment$419000
Mortgage Insurance$0
Total Mortgage$1676000

Monthly Payment


Mortgage Payment$10328
Property Taxes$765
Maintenance Fees$0
Monthly Payment$11093
$11093
monthly

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About 115 Gladstone Ave, Toronto

Located at 115 Gladstone Ave , this Toronto house is available for sale. This property was listed for $2,095,000 on Wed Apr 16 2025. This house's size is 2500-3000 Sqft. It has 5 bedrooms and 5 bathrooms. The property includes the following rooms: , , , , , , , , , , , . This property comes with 3 parking spots. 115 Gladstone Ave, Toronto is situated in the Little Portugal neighbourhood.


MLS#: C12086409 · $2,095,000 · 5 bedroom house in Little Portugal, Toronto