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115 gladstone Avenue
Little Portugal
Toronto
M6J 3L1
$2,095,000
Residential Freehold
beds: 5
baths: 5.0
- Status:
- Active
- Prop. Type:
- Residential Freehold
- MLS® Num:
- C12086409
- Bedrooms:
- 5
- Bathrooms:
- 5
- Photos (36)
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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 Type:
- Residential Freehold
- Property Sub Type:
- Detached
- Home Style:
- 2-Storey
- Total Approx Floor Area:
- 2500-3000
- Depth:
- 115'35.1 m
- Frontage:
- 25'7.62 m
- Direction Faces:
- East
- Bedrooms:
- 5
- Bathrooms:
- 5.0
- Water supply:
- Municipal
- Kitchens:
- 5
- Bedrooms Above Grade:
- 5
- Kitchens Above Grade:
- 5
- Rooms Above Grade:
- 15
- Ensuite Laundry:
- No
- Heating type:
- Radiant
- Heating Fuel:
- Gas
- Foundation:
- Unknown
- Roof:
- Asphalt Shingle, Unknown
- Basement:
- Finished
- Fireplace/Stove:
- No
- Garage:
- None
- Garage Spaces:
- 0.0
- Parking Spaces:
- 2
- Total Parking Spaces:
- 2.5
- Family Room:
- Yes
- Pool:
- None
- Link:
- No
- HST Applicable To Sale Price:
- Included In
- Taxes:
- $9,177 / 2024
- Assessment:
- $- / -
- Toronto C01
- Little Portugal
- Toronto
- None
- Brick
- Special Designation:
- Unknown
- Sewers:
- Sewer
- Air Conditioning:
- Other
- Central Vacuum:
- No
- Seller Property Info Statement:
- No
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CN tower/ Skyline
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cn tower/ skyline views
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conceptual rendering of laneway house
Larger map options:
Listed by GILBERT REALTY INC.
Data was last updated April 20, 2025 at 02:15 AM (UTC)
Area Statistics
- Listings on market:
- 30
- Avg list price:
- $2,047,500
- Min list price:
- $999,900
- Max list price:
- $4,480,000
- Avg days on market:
- 41
- Min days on market:
- 3
- Max days on market:
- 691
These statistics are generated based on the current listing's property type
and located in
Toronto C01. Average values are
derived using median calculations.
- ALEX BEAUREGARD
- 988 BATHURST ST., TORONTO, ON M5R 3G6
- 1 (647) 898-4663
- Alex@AlexBeauregard.com
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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.
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