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$2,095,000
Available - For Sale
Listing ID: C12086409
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.
Price $2,095,000
Taxes: $9,177
Occupancy by: Tenant
Address: 115 gladstone Aven , Toronto, M6J 3L1, Toronto
Directions/Cross Streets: Gladstone/ N of Queen
Rooms: 15
Bedrooms: 5
Bedrooms +: 0
Washrooms: 5
Family Room: T
Basement: Finished
No. of Pieces Level
Washroom 1:  3
Washroom 2:  4
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Property Type: Detached
Style: 2-Storey
Exterior: Brick
Garage Type: None
Drive Parking Spaces: 2
Pool: None
Approximatly Square Footage: 2500-3000
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Radiant
Central Air Conditioning: Other
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
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First Mortgage $ $ $ $
CMHC/GE $ $ $ $
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Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
GILBERT REALTY INC.

115 gladstone Aven , Toronto, M6J 3L1, Toronto


 
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At a Glance:
Type: Freehold - Detached
Area: Toronto
Municipality: Toronto C01
Neighbourhood: Little Portugal
Style: 2-Storey
Lot Size: x 115.00(Feet)
Approximate Age:
Tax: $9,177
Maintenance Fee: $0
Beds: 5
Baths: 5
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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