159A Gladstone Avenue, Toronto, ON
Little Portugal, Toronto · MLS® C13421708
About this home
This Well Maintained And Renovated, Turnkey Home In Coveted Beaconsfield Village Offers Rare Versatility Across Three Fully Self-Contained Units. Whether You're Looking For An Investment Property, Co-Ownership, A Live-And-Earn Scenario, Or A Seamless Conversion Back To A Single-Family With A Separate Basement Suite (As Previously Enjoyed By The Current Owners), The Options Here Are As Flexible As They Are Compelling. The Professionally Lowered And Waterproofed Basement Features A Sleek One-Bedroom Suite With A Separate Side Entrance, Modern Kitchen, 4-Piece Bath With Heated Floors, And Ensuite Laundry. On The Main Floor, You'll Find A Lovely Bachelor Suite With 9' Ceilings, Solid Maple Floors, A Bright, Well Designed Eat-In Kitchen, And A Walkout To A Beautifully Crafted Ipe Deck - Perfect For Summer Dining. The Upper Two-Level Suite (Currently Vacant) Offers 2 Or 3 Bedrooms (Depending On Layout), Two Expansive Decks With Gorgeous City Views, Hardwood Floors, A Renovated 4-Piece Bath And Ensuite Laundry - Making It An Ideal Owners Space. Each Unit Has Its Own Private Entrance And Laundry. Mechanically Sound And Well Updated (See Attachments For Full List Of Improvements). Laneway Access To Parking For One Car - Or Two If You Opt To Remove The Shed - and potential for a laneway suite (see report in attachments). All Just Steps To The TTC, Grocery Stores, Cafes, And Some Of The City's Most Celebrated Restaurants - This Is City Living At Its Finest. OPEN HOUSES: Saturday, June 13th & Sunday June 14th, 2PM - 4PM
Key facts
- Property type
- Semi-Detached, 2 1/2 Storey
- MLS®
- C13421708
- Bedrooms
- 5 (4 + 1)
- Bathrooms
- 3
- Size
- 1500-2000
- Lot
- 16.25 × 105 ft
- Cross streets
- Dundas and Dufferin
- Parking
- 1 parking
- Driveway
- Lane
- Basement
- Apartment, Finished
- Kitchens
- 3 (2 + 1)
- Heating
- Baseboard
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Stone, Unknown
- Roof
- Shingles, Membrane
- Sewer
- Sewer
- Property tax
- $6,998 / 2025
- Days on market
- 38
- Listing brokerage
- BOSLEY REAL ESTATE LTD.
Rooms
w/o to deck · breakfast bar · hardwood floor
hardwood floor · window · closet
w/o to deck · east view · laminate
w/o to deck · south view · laminate
hardwood floor · large window
bay window · hardwood floor · closet
hardwood floor · b/i bookcase · combined w/kitchen
hardwood floor · west view · closet
pot lights · laminate
large closet · combined w/laundry · above grade window
tile floor · overlooks frontyard · large window
pot lights · laminate · above grade window
Listed at $1,459,000, this home is within the range of a wider set of listings, but with few close matches nearby, so worth confirming with a precise CMA. The number above is my independent estimate of value, not the asking price.
There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.
Based on 5 similar homes nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.48M, a bit higher. The comparable range is wide here, so treat this as a rough read until I run a full CMA.
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, listed at $1.20M
- Adjusts to $1.20M
That comparable adjusts to $1.20M; the $1.26M estimate above is the median of all 5 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.
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.
On location, this is a very walkable address with everyday errands close by. Dufferin St at Gordon St is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $1.26M, median of 5 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.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
- Heated floors: comfort and a premium-finish signal.
- Hardwood floors: quality hardwood is durable and broadly desirable.
- Garden / laneway suite potential: extra-unit upside, but confirm zoning and feasibility with the city.
- Value driver
- Lifestyle
- 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 6% below the area average of $890/sqft.
34 days longer than the Toronto average (4 days).
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.
Getting around
Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.
Most daily errands can be done on foot.
🚉 Nearest transit: Dufferin St at Gordon St, about 152 m away
Within a 15-minute (1.5 km) walk.
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
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $1,167,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $6,229
- Property tax
- $583
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $6,812
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $25,655
- Toronto municipal land transfer tax
- $25,655
- Estimated closing costs
- $51,310
Plus your down payment of $291,800. 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
- $373,717
- Principal paid down
- $148,643
- Interest paid
- $225,074
- Balance remaining
- $1,018,557
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 BOSLEY REAL ESTATE LTD.. MLS®/PropTx.