$1,459,000 - 159A Gladstone Avenue, Downtown Toronto
Semi-Detached for Sale in Downtown Toronto
Neighbourhood: Little Portugal
- MLS Number
- C13421708
- Property Type
- Semi-Detached
- Status
- active
- Days on Site
- 28
- Bedrooms
- 5
- Bathrooms
- 3
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Listing Brokerage
- BOSLEY REAL ESTATE LTD.
This Well Maintained And Renovated, Turnkey Home In Coveted Beaconsfield Village Offers Rare Versatility Across Three Fully Self-Contained Units. Whether You're Looking For An Investment Property, Co-Ownership, A Live-And-Earn Scenario, Or A Seamless Conversion Back To A Single-Family With A Separate Basement Suite (As Previously Enjoyed By The Current Owners), The Options Here Are As Flexible As They Are Compelling. The Professionally Lowered And Waterproofed Basement Features A Sleek One-Bedroom Suite With A Separate Side Entrance, Modern Kitchen, 4-Piece Bath With Heated Floors, And Ensuite Laundry. On The Main Floor, You'll Find A Lovely Bachelor Suite With 9' Ceilings, Solid Maple Floors, A Bright, Well Designed Eat-In Kitchen, And A Walkout To A Beautifully Crafted Ipe Deck - Perfect For Summer Dining. The Upper Two-Level Suite (Currently Vacant) Offers 2 Or 3 Bedrooms (Depending On Layout), Two Expansive Decks With Gorgeous City Views, Hardwood Floors, A Renovated 4-Piece Bath And Ensuite Laundry - Making It An Ideal Owners Space. Each Unit Has Its Own Private Entrance And Laundry. Mechanically Sound And Well Updated (See Attachments For Full List Of Improvements). Laneway Access To Parking For One Car - Or Two If You Opt To Remove The Shed - and potential for a laneway suite (see report in attachments). All Just Steps To The TTC, Grocery Stores, Cafes, And Some Of The City's Most Celebrated Restaurants - This Is City Living At Its Finest. OPEN HOUSES: Saturday, June 13th & Sunday June 14th, 2PM - 4PM
Estimate your monthly payments for this property
Estimated Payment
$6,453.65/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Little Portugal
Little Portugal is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Little Portugal
- •Convenient location in Downtown Toronto / Waterfront
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Little Portugal offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
159A Gladstone Avenue, Downtown Toronto / Waterfront
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Rental income estimator & ROI calculator
Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $973/sqft, this property is priced in line with current Downtown Toronto market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Market Position
At 28 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Detached Home Advantages
Detached homes in Downtown Toronto are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Downtown Toronto.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
About Little Portugal
I know Little Portugal well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.