$1,390,000 - 169 Gladstone Avenue, Downtown Toronto
Townhouse for Sale in Downtown Toronto
35 days on marketNeighbourhood: Little Portugal
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- MLS Number
- C13736586
- Property Type
- Townhouse
- Status
- active
- Days on Site
- 35
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Taxes (2025)
- $7,269
- Listing Brokerage
- HOMELIFE REAL ESTATE CENTRE INC.
Welcome to 169 Gladstone Ave Approx. 1998 Sq/ft (acc. to MPAC) in the heart of Toronto's vibrant Little Portugal neighbourhood. Offering a comfortable living space, this residence features 4 well-appointed bedrooms, a versatile den, and 2 bathroom. Character-filled details include soaring ceilings, elegant bay windows, rich hardwood flooring, and tasteful artistic touches throughout. The inviting living room is thoughtfully furnished with ample of sunlight making it ideal for both relaxation and working from home. The functional kitchens offers generous cabinetry, sleek countertops and a dining area. Every Bedroom offer a warm and stylish atmosphere. Situated in Little Portugal, you'll be surrounded by an excellent selection of restaurants, cafes, shops, everyday amenities, and convenient public transit options, providing an ideal blend of comfort, character, and urban living.
Estimate your monthly payments for this property
Estimated Payment
$6,148.44/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.
169 Gladstone Avenue, Downtown Toronto / Waterfront
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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 $927/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 35 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.
Townhouse Benefits
Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Downtown Toronto have shown strong appreciation as families seek more space.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Downtown Toronto. Good resale value as demand remains consistent.
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.
Investment Perspective
Looking at this as an investment: Downtown Toronto properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $5,792 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.