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Key Facts

Type Single Family Residence
Levels Residential
Size -
Garage No
Taxes $9,177
Lot Size 
Approx. Age 
MLS® Number C12210463

Property Address: 115 Gladstone Ave, Toronto, ON, M6J3L1

Average square foot calculated using Size range provided by listing agent.

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.Show Description
MLS® NumberC12210463
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age
BasementFinished
DrivewayGarage Type:None
Garage Spaces
Heat
A/C
Heating Fuel

Extras

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Commute

Starting Address
Destination Address
115 Gladstone Ave, Toronto, ON

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