115 gladstone Avenue

Toronto, ON M6J 3L1 ( Little Portugal)

Quick Facts

Type: Detached

Style: 2-Storey

Size: Sq Ft

Age: Years

Taxes: $ 9,177 ( 2024)

Updated: 2025-06-10 18:08:40

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.

Extras

Detached

Property

Status: For Sale

MLS #: C12210463

Price: $ 1,995,000

Address: 115 gladstone Avenue

Type:

Style: 2-Storey

Size: Sq Ft

Age: Years

Front On:

Taxes: $ 9,177

Tax Year: 2024

Lot Size:

Neighbourhood: Little Portugal

Nearest Intersection: Gladstone/ N of Queen

City: Toronto

Postal Code: M6J 3L1

DOM: 287 Days

Last Update: 2025-06-10 18:08:40

 

Building

Interior

Bedrooms: 5

Bathrooms: 5

Rooms: 0

Kitchens: 5

Family Room:

Fireplace:

Basement: Finished,

Central Vacuum:

 

Exterior

Exterior: Brick,

Driveway:

Garage:

Garage Spaces:

Parking Spaces: 2.50

Pool:

 

Utilities

Electricity (Hydro):

Gas:

Phone:

Cable TV:

Heat Type: Radiant

Heat Source: Gas

Air Conditioning: Other

Water:

Sewers:

 

Features

 

Rooms