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1 day on Market

115 gladstone Ave, Toronto, Ontario M6J 3L1

Detached
5
5
~2500-3000 sqft
$2,095,000
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Detached
5
5
~2500-3000 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$768/sqft

Est. Mortgage$8,997/mo

Tax Amount (2024)$9,177/yr

Days On Market1 day


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 Details

Style2-Storey
View-
Age of property-
SqFt~2500-3000 SqFt
Lot Size2,875 SqFt(115 x 25)
Parking Spaces2.5
MLS ®NumberC12086409
Community NameLittle Portugal-Brockton Village
Data SourceTRREB
Listing byGILBERT REALTY INC.

Features

Heating: Radiant
Cooling: Other
Basement: Finished

Features

Lot size: 2,875 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 2.5


Property History

Apr 16, 2025
ListedActive
$2,095,000
1 day on market
history photo preview36
Listing by trreb®
Property listed by GILBERT REALTY INC., Brokerage

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Market Data - Little Portugal-Brockton Village

Geo Zone Map ThumbnailLittle Portugal-Brockton Village

Buyer's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

4 days

Compared to

2024

6 days

2023

0 day

2022

8 days

New Listings

Past 30 days

3 listings

Compared to

2024

4 listings

2023

1 listing

2022

6 listings

Units sold

Past 30 days

1 unit

Compared to

2024

1 unit

2023

0 unit

2022

5 units

Median Sold Price

Past 30 days

$1,388,000

Compared to

2024

$1,305,000

2022

$1,560,000


Population and Demographics

Overview

Total population 15510
Average household income $138,289

Age (%)

20 to 34
28%
35 to 49
25%
50 to 64
17%
65 and plus
15%
0 to 19
15%

Household composition (%)

Single family
51%
Single person
38%
Multi person
11%
Multi family
1%

Mother tongue (%)

English
64%
Portuguese
16%
Yue (Cantonese)
4%
Spanish
3%
Others
2%
Vietnamese
2%
French
2%
Mandarin
1%
Italian
1%

House tenancy (%)

Renters
55%
Owners
45%

Schools and amenities

Estimated Budget