217 Gladstone Avenue, Toronto, ON
Little Portugal, Toronto · MLS® C12991594
About this home
Timeless Victorian Beauty in the Heart of Little Portugal! Step into a grand Victorian masterpiece that blends historic charm with unbeatable city living! Soaring 10-ft ceilings on both the main and second floors create an airy, elegant space. Located in highly sought-after Little Portugal, where the city's best cafes, restaurants, breweries, and boutique shops are all close by. Stroll to Queen West, Ossington, and McCormack Recreation Centre or enjoy the local parks, skating rink, library, and indoor pool a vibrant community at your doorstep including fabulous shopping at Dufferin Mall! Unbeatable convenience with public transit just steps away leave the car behind and explore the city with ease. A rare find! Enjoy an expansive 38-ft frontage, giving you the space you won't find in most downtown homes. Top-tier walkability! With a Transit Score of 100 and a Walk Score of 91, everything you need is just a short stroll away. A perfect place for families with great schools, parks, and community spaces make this a fantastic home for kids to grow and thrive. This is more than a home, it's a lifestyle! Don't miss out on this one-of-a-kind gem!
Key facts
- Property type
- Other, 2 1/2 Storey
- MLS®
- C12991594
- Bedrooms
- 4 (3 + 1)
- Bathrooms
- 3
- Size
- 2000-2500
- Lot
- 38.5 × 110 ft
- Cross streets
- Dundas And Dufferin
- Parking
- 1 garage (none)
- Basement
- Separate Entrance, Finished
- Kitchens
- 3 (2 + 1)
- Heating
- Forced Air
- A/C
- None
- Exterior
- Brick
- Foundation
- Stone
- Roof
- Asphalt Shingle, Membrane
- Sewer
- Sewer
- Property tax
- $6,724 / 2025
- Days on market
- 100
- Listing brokerage
- RE/MAX WEST REALTY INC.
Rooms
crown moulding · hardwood floor · irregular room
combined w/living · hardwood floor · irregular room
linoleum · irregular room
hardwood floor · window
eat-in kitchen · linoleum · window
hardwood floor · window · closet
hardwood floor · closet · window
closet · hardwood floor · window
bay window · hardwood floor · combined w/dining
w/o to yard · ceramic floor · ceramic backsplash
Listed at $1,599,000, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.
In Little Portugal lately, sellers have been getting about 102% of asking and homes sell in about 24 days.
There were not many closely comparable homes right in Little Portugal, so I widened the search to the surrounding area.
Based on 34 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 34 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.30M, a bit lower.
How I got there
Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.
- Closest comparable, sold for $2.22M
- Bathrooms −$21K
- Adjusts to $2.20M
That comparable adjusts to $2.20M; the $1.61M estimate above is the median of all 34 comparables, which is steadier than any single home.This estimate is grounded in actual closing prices from the last 15 months, not asking prices. Lot, condition, and finishes are still my in-person call.
Its public catchment (Alexander Muir/Gladstone Ave Junior and Senior Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
Total price vs nearby homes. Fair value about $1.61M, median of 34 comparables.
What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 3 closest active listings nearby.
See all comparable homesThis home lists 25% below the area average of $949/sqft.
On the market now.
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Little Portugal, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).
School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 22, 2026); conventional rates run a little higher.
Mortgage amount $1,279,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $6,826
- Property tax
- $560
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $7,387
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $28,455
- Toronto municipal land transfer tax
- $28,455
- Estimated closing costs
- $56,910
Plus your down payment of $319,800. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $409,577
- Principal paid down
- $162,906
- Interest paid
- $246,671
- Balance remaining
- $1,116,294
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX WEST REALTY INC.. MLS®/PropTx.