$2,595,000 - 178 Gladstone Avenue, Downtown Toronto
Detached for Sale in Downtown Toronto
153 days on market- MLS Number
- C12743750
- Property Type
- Detached
- Status
- active
- Days on Site
- 153
- Bedrooms
- 4
- Bathrooms
- 4
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Listing Brokerage
- PSR
Discover this brand new, custom-built modern home with striking architectural presence, showcasing soaring ceiling heights, walls of glass, and refined detailing throughout. The main level is anchored by an impressive double-height dining area defined by 19-foot ceilings and floor-to-ceiling window walls on two sides. With east and west exposures, natural light pours through the interior from morning to evening. The kitchen features extensive custom cabinetry, Taj Mahal-inspired porcelain stone surfaces, and a premium integrated appliance package. The adjacent living area features a striking three-sided glass fireplace. A convenient side entrance provides direct access to the kitchen and front closet, offering functional everyday entry into the home. The upper levels continue the home's emphasis on thoughtful design, offering well-proportioned bedroom spaces, custom closets, and beautifully finished bathrooms. The full-floor primary retreat occupies its own level, featuring 11.6-foot ceilings, and a spa-inspired ensuite with a freestanding tub, double vanity, and walk-in shower, along with extensive custom built-in storage and a built-in coffee bar with integrated beverage fridge, extending directly to a rooftop terrace with CN Tower views. The lower level offers impressive ceiling height and a highly functional layout, featuring vinyl flooring throughout, a laundry area with built-in cabinetry, an additional bedroom ideal for guests, a home office, or extended living space, and a three-piece bathroom. Additional features include white oak engineered flooring throughout the main and upper levels, Reynaers architectural aluminum windows and doors, automated window coverings, and curated designer lighting. Fully landscaped front and rear yards complete the property, featuring turf, and steel planters for a polished, low-maintenance outdoor experience. Ideally located in Toronto's west end, close to neighbourhood cafes, shops, transit, and everyday conveniences.
Estimate your monthly payments for this property
Estimated Payment
$11,478.56/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 Downtown Toronto / Waterfront
Downtown Toronto / Waterfront 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 Downtown Toronto / Waterfront
- •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
Downtown Toronto / Waterfront 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.
178 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
Premium Pricing
At $1730/sqft, this property is priced above the Downtown Toronto average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Negotiation Opportunity
At 153 days on site, this property has exceeded the typical selling timeline for Downtown Toronto. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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.
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.
Bathroom Count Matters
With 4 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.
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 $10,813 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.