64 Gladstone Avenue, Toronto, ON
Little Portugal, Toronto · MLS® C13752526
About this home
In short
- Rare 20-ft frontage in the heart of Little Portugal.
- This exceptionally spacious home sits on an impressive 20.17' x 120' lot, currently configured as three self-contained units - offering excellent flexibility for...
- Beyond parking and storage, the garage opens up potential for a laneway suite.
- Inside, generous room proportions span the main and second levels, complemented by a finished basement apartment.
Rare 20-ft frontage in the heart of Little Portugal! This exceptionally spacious home sits on an impressive 20.17' x 120' lot, currently configured as three self-contained units - offering excellent flexibility for end-users, investors, or multi-generational living. The generous lot delivers substantial frontage and exceptional depth, plus a detached two-car garage accessed by laneway - a rare combination in Toronto's west end. Beyond parking and storage, the garage opens up potential for a laneway suite. Inside, generous room proportions span the main and second levels, complemented by a finished basement apartment. Highlights include three kitchens, three bathrooms, central air conditioning, exceptional ceiling height, a west-facing deck off the second-floor kitchen, an owned hot water tank, and onsite laundry. The spacious backyard rounds out the outdoor space, with plenty of future possibilities. Ideally situated in Little Portugal/West Queen West, you're steps from Queen Street West, Dundas Street West, Liberty Village, Parkdale, surrounded by an incredible mix of restaurants, cafés, bars, boutiques, galleries, and independent shops - with easy access to transit. Width, depth, parking, laneway access, and income potential, all in one of Toronto's most vibrant neighbourhoods. Whether you're looking to live, invest, or generate rental income, this property delivers exceptional versatility in an unbeatable downtown location.
Key facts
- Property type
- Townhouse, 2-Storey
- MLS®
- C13752526
- Bedrooms
- 4+2 (6 total)
- Bathrooms
- 3
- Size
- 1500-2000 sq ft
- Lot
- 20.17 × 120 ft
- Cross streets
- Queen St W/Gladstone
- Parking
- 2 garage (detached)
- Driveway
- Lane, None
- Basement
- Apartment
- Kitchens
- 3 (2 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Aluminum Siding, Stone
- Foundation
- Unknown
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $7,488 / 2025
- Days on market
- 3
- Listing brokerage
- PSR
Rooms
double doors · parquet · large window
double closet · hardwood floor · large closet
large window · parquet · separate room
b/i shelves · hardwood floor · separate room
combined w/living · ceramic floor · w/o to deck
large closet · parquet · large window
bay window · hardwood floor · east view
w/o to patio · hardwood floor · large closet
combined w/living · ceramic floor · backsplash
combined w/living · hardwood floor · walk-up
combined w/living · hardwood floor · open concept
b/i shelves · concrete floor · window
walk-in closet(s) · hardwood floor · separate room
combined w/living · quartz counter · backsplash
combined w/living · ceramic floor · open concept
combined w/living · hardwood floor · backsplash
Listed at $1,388,800 with no offer date, so the ask is the seller’s number, and homes priced this way sell close to it. My read is $1.41M, typically $1.30M to $1.69M. Comparable closings on their own put this home around $1.46M, which agrees with the ask, so this is a firm read.
Second read, from the city assessment: $1.66M. 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.
Total price vs nearby homes. Fair value about $1.41M, median of 32 comparables.
The market behind the math:
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.
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.
- basement apartment features. A finished 2 bed basement apartment with a second kitchen. A self-contained space for extended family, guests or potential income. In Little Portugal basements rarely rent out (3 of 39 recent detached leases were basement units), so buyers here treat a suite as family or nanny space rather than income. Value it for the living space, not the rent. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the City of Toronto.
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 $1.66M, 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.
- Finished basement: added living space, worth checking ceiling height and that the work was permitted. Value driver
- Garden / laneway suite potential: extra-unit upside, but confirm zoning and feasibility with the city. Worth verifying
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.
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 $1.46M, which is where my estimate comes from.
Per square foot, these ask about $818/sqft; this home lists at $794/sqft. Size is part of the price story, not just the sticker.
The 5 closest active listings nearby.
See all comparable homesNeighbourhood & 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.
Also nearby: 12 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
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 4.09% via Ratehub.ca (as of September 11, 2026); conventional rates run a little higher.
Mortgage amount $1,111,040 · 4.24% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,990
- Property tax
- $624
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $6,614
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $24,251
- Toronto municipal land transfer tax
- $24,251
- Estimated closing costs
- $48,502
Plus your down payment of $277,760. 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
- $359,384
- Principal paid down
- $139,833
- Interest paid
- $219,551
- Balance remaining
- $971,207
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
About the suite: in Little Portugal basements rarely rent out (3 of 39 recent detached leases were basement units), so the figure above does not count it as income. Buyers here use a suite as family or nanny space.
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 14 whole-home leases in Little Portugal signed at a median of $4,852 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $5,863. 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of PSR. MLS®/PropTx.