Free account required
Unlock the full potential of your property search with a free account! Here's what you'll gain immediate access to:
- Exclusive Access to Every Listing
- Personalized Search Experience
- Favorite Properties at Your Fingertips
- Stay Ahead with Email Alerts
$2,095,000
115 GLADSTONE AVENUE
Toronto, Ontario, Ontario, M6J3L1
MLS® Number: C12086409
Property 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.
Building information
Type
*****
Basement Development
*****
Basement Type
*****
Construction Style Attachment
*****
Exterior Finish
*****
Foundation Type
*****
Heating Fuel
*****
Heating Type
*****
Size Interior
*****
Stories Total
*****
Utility Water
*****
Land information
Sewer
*****
Size Depth
*****
Size Frontage
*****
Size Irregular
*****
Size Total
*****
Courtesy of GILBERT REALTY INC.
Book a Showing for this property
Please note that filling out this form you'll be registered and your phone number without the +1 part will be used as a password.
Similar properties
This REALTOR.ca listing content is owned and licensed by
REALTOR® members of
The Canadian Real Estate Association.