$460,000 - 8 Gladstone Avenue Unit 613, Downtown Toronto
Condo for Sale in Downtown Toronto
New — Listed yesterdayNeighbourhood: Little Portugal
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- MLS Number
- C13868460
- Property Type
- Condo
- Status
- active
- Days on Site
- 1
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 500 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Taxes (2026)
- $2,394
- Maintenance Fees
- $422/mo
- Locker
- None
- Exposure
- South
- Balcony
- Open
- Listing Brokerage
- BOSLEY REAL ESTATE LTD.
Ten-foot exposed concrete ceilings in a one-bedroom. It's the first thing you notice at unit 613, and it changes everything about how this suite feels.Wood floors run throughout, the kitchen has quartz counters and under-cabinet lighting, and a south-facing wall of glass fills the space with light all day before opening onto your balcony. The layout works hard, too: room for a proper couch and TV setup, space for a kitchen island with seating, a bedroom with a large closet, a bathroom with a frameless glass rainshower, and ensuite laundry. It's been extremely well maintained and beautifully put together, so all that's left to do is move in. 8G is a boutique building with just 89 suites, and that's one of the things the owners love most about living here: it's small, and it's quiet. Two grocery stores sit right at your door, which makes the weekly shop about as easy as it gets. But ask the owners their favourite part and they'll tell you it's the location. Step outside and you're on West Queen West, with pizza at Badiali, drinks at Bar Poet, and dinner or live music at The Drake. Keep walking east and Ossington's restaurants, bars and shops are waiting, with Trinity Bellwoods just beyond for lazy weekend afternoons. Heading to a game or a summer concert? BMO Field and RBC Amphitheatre (formerly Budweiser Stage) are a short trip south, past Liberty Village. And the 501 streetcar stops right outside. For those who want something stylish, manageable and move-in ready in one of Toronto's most fun neighbourhoods, this is a pretty compelling place to start.
Estimate your monthly payments for this property
Estimated Payment
$2,360.04/mo
Includes CMHC insurance ($12,834)
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.
8 Gladstone Avenue Unit 613, 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 $920/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.
Just Listed - Act Strategically
This property hit the market within the last week. In Downtown Toronto's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. The $422/month fees should cover building insurance, common elements, and reserve contributions.
Efficient Living
At 500 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
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.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.