169 Gladstone Avenue, Toronto, ON

Little Portugal, Toronto · MLS® C13736586

$1,390,000
For Sale
Listed 9 days agoNo offer date stated
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4Bedrooms
2Bathrooms
1Garage
1500-2000Sq ft

About this home

In short

  • Welcome to 169 Gladstone Ave Approx.
  • 1998 Sq/ft (acc. to MPAC) in the heart of Toronto's vibrant Little Portugal neighbourhood.
  • Offering a comfortable living space, this residence features 4 well-appointed bedrooms, a versatile den, and 2 bathroom.
  • Character-filled details include soaring ceilings, elegant bay windows, rich hardwood flooring, and tasteful artistic touches throughout.

Welcome to 169 Gladstone Ave Approx. 1998 Sq/ft (acc. to MPAC) in the heart of Toronto's vibrant Little Portugal neighbourhood. Offering a comfortable living space, this residence features 4 well-appointed bedrooms, a versatile den, and 2 bathroom. Character-filled details include soaring ceilings, elegant bay windows, rich hardwood flooring, and tasteful artistic touches throughout. The inviting living room is thoughtfully furnished with ample of sunlight making it ideal for both relaxation and working from home. The functional kitchens offers generous cabinetry, sleek countertops and a dining area. Every Bedroom offer a warm and stylish atmosphere. Situated in Little Portugal, you'll be surrounded by an excellent selection of restaurants, cafes, shops, everyday amenities, and convenient public transit options, providing an ideal blend of comfort, character, and urban living.

Key facts

Property type
Townhouse, 2 1/2 Storey
MLS®
C13736586
Bedrooms
4
Bathrooms
2
Size
1500-2000 sq ft
Lot
16.33 × 105 ft
Cross streets
Gladstone Ave & Dundas Street W
Parking
1 garage (detached)
Basement
Unfinished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Other
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$7,269 / 2025
Days on market
9
Listing brokerage
HOMELIFE REAL ESTATE CENTRE INC.

Rooms

FoyerMain0.00 × 0.00 m

Laminate

Bedroom 4Second0.00 × 0.00 m

laminate · window

KitchenMain0.00 × 0.00 m

tile floor · w/o to yard

Bedroom 2Main0.00 × 0.00 m

broadloom · window

KitchenSecond0.00 × 0.00 m

tile floor · window

Living RoomMain0.00 × 0.00 m

hardwood floor · window

Family RoomSecond0.00 × 0.00 m

hardwood floor · large window

Bedroom 3Second0.00 × 0.00 m

hardwood floor · closet · window

BedroomMain0.00 × 0.00 m

hardwood floor · large window

Our TakeTeam Asgarian · Broker
In the wider range
$1.40Mest. value

Listed at $1,390,000 with no offer date, so the ask is the seller’s number, and homes priced this way sell close to it. My read is $1.40M, typically $1.26M to $1.69M. Comparable closings on their own put this home around $1.41M, which agrees with the ask, so this is a firm read.

Second read, from the city assessment: $1.61M. Similar homes sold in line with their assessments, and this one lands close to the comparable-sales figure, which is what a firm read looks like.

List price
$1.26MBelow recent closings$1.69MAbove recent closings

Total price vs nearby homes. Fair value about $1.40M, median of 32 comparables.

The market behind the math:

3sold nearby · 90 days
9days on market so far
$5,935/moest. rent · 10 leases
5.1%gross yield on the ask
Buyer's market
Buyer's marketSeller's market

About 5 months of inventory: 5 townhouse homes for sale in the area against 3 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $794/sqft against an area asking average of $818/sqft. Size and $/sqft both feed the estimate above.

How this estimate is builtthe short version

I take the 32 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, lot frontage, a ravine backing, an inground pool), then use the median, which is steadier than leaning on any single sale.

It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $1.61M, a bit higher.

What the listing highlights2 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Schools & getting aroundcatchment and transit

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.

Read this with carewhy it’s an estimate, not an appraisal

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 4 homes sold on this street over the past two years, plus 1 nearby in Little Portugal, from 44 closings in Little Portugal.

What sellers nearby are askingCurrently listed nearby · asking prices
$1.12Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest townhouse listings on the market. Homes like this one have recently closed around $1.41M, which is where my estimate comes from.

Per square foot, these ask about $794/sqft; this home lists at $794/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
1.39MThis home1.20M1.39M999k900kThis home vs active comparables

Neighbourhood & location

Little Portugal, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Trinity-Bellwoods
$1.20M
University
$1.40M
Annex
$2.29M
Cabbagetown-South St. James Town
$1.85M
South Riverdale
$1.30M

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

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.

Street view near Alexander Muir/Gladstone Ave Junior and Senior Public School
73%
Alexander Muir/Gladstone Ave Junior and Senior Public SchoolPublic · Elementary · 0.2 km awayAround the GTA average · 73% meet the provincial standard
ALPHA II Alternative SchoolEQAO results not published
Also nearby: 12 more schools within 2.5 km
The Grove Community School · Public elementary0.2 km
St Ambrose Catholic School · Catholic elementary0.3 km · 85% at standard
City View Alternative Senior School · Public elementary0.6 km
Shirley Street Junior Public School · Public elementary0.6 km · 70% at standard
Msgr Fraser College (Southwest) · Catholic secondary0.6 km
St Helen Catholic School · Catholic elementary0.7 km · 74% at standard
Ossington/Old Orchard Junior Public School · Public elementary0.7 km · 88% at standard
Parkdale Junior and Senior Public School · Public elementary0.8 km · 51% at standard
Givins/Shaw Junior Public School · Public elementary0.9 km · 81% at standard
Brock Public School · Public elementary0.9 km · 81% at standard
Dewson Street Junior Public School · Public elementary1.0 km · 64% at standard
Parkdale Collegiate Institute · Public secondary1.1 km · 74% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$6,335/mo
$264KIncome needed
5.3×Price ÷ income
$1,462Weekly cost
$48,550Land transfer tax, one-time (Ontario + Toronto)
20% down4.79%25-yr amortization

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.

91%mortgage
Mortgage $6,335Property tax $606Total carry $6,941

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

$
20.0%
$
%
4.24%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.09% via Ratehub.ca (as of September 11, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$5,995per month

Mortgage amount $1,112,000 · 4.24% over 25 years

$278,000Down payment (20.0%)
$1,112,000Loan before insurance
$0CMHC premium
$6,601Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,995
Property tax
$606
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$6,601

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$24,275
Toronto municipal land transfer tax
$24,275
Estimated closing costs
$48,550

Plus your down payment of $278,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.24%Qualifying rate
$7,274/monthPayment at the qualifying rate

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

$686,475Total interest paid
$1,798,475Total of all payments
Principal $1,112,000 Interest $686,475
YearPrincipalInterestBalance
1$25,693$46,246$1,086,307
2$26,793$45,146$1,059,514
3$27,942$43,997$1,031,572
4$29,139$42,800$1,002,434
5$30,387$41,552$972,046
6$31,689$40,250$940,357
7$33,047$38,892$907,309
8$34,463$37,476$872,846
9$35,940$35,999$836,906
10$37,480$34,459$799,425
11$39,086$32,853$760,339
12$40,761$31,178$719,578
13$42,508$29,431$677,071
14$44,329$27,610$632,742
15$46,229$25,710$586,513
16$48,209$23,730$538,304
17$50,275$21,664$488,029
18$52,429$19,510$435,599
19$54,676$17,263$380,923
20$57,019$14,920$323,905
21$59,462$12,477$264,443
22$62,010$9,929$202,433
23$64,667$7,272$137,766
24$67,438$4,501$70,328
25$70,328$1,611$0

At the end of your 5-year term

Total paid over the term
$359,695
Principal paid down
$139,954
Interest paid
$219,741
Balance remaining
$972,046

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.

Let's connect

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

Rental yield
From 10 whole-home leases in Little Portugal$5,935/mo
$71,220Gross annual rent
3.9%Cap rate after taxes and upkeep
$5,460 to $6,409Typical rent range

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

The last 10 whole-home leases in Little Portugal signed at a median of $5,261 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $5,935. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

5.1%
Gross yield
− Property tax $7,269− Insurance $1,400− Vacancy & upkeep $7,834Net operating income $54,717

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HOMELIFE REAL ESTATE CENTRE INC.. MLS®/PropTx.

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