613-8 Gladstone Avenue, Toronto, ON

Little Portugal, Toronto · MLS® C13868460

$460,000
For Sale
Listed 13 days agoNo offer date stated
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1Bedrooms
1Bathrooms
0Parking
500-599Sq ft

About this home

In short

  • Ten-foot exposed concrete ceilings in a one-bedroom.
  • It's the first thing you notice at unit 613, and it changes everything about how this suite feels.
  • 8G is a boutique building with just 89 suites, and that's one of the things the owners love most about living here: it's small, and it's quiet.
  • And the 501 streetcar stops right outside.

Ten-foot exposed concrete ceilings in a one-bedroom. It's the first thing you notice at unit 613, and it changes everything about how this suite feels.Wood floors run throughout, the kitchen has quartz counters and under-cabinet lighting, and a south-facing wall of glass fills the space with light all day before opening onto your balcony. The layout works hard, too: room for a proper couch and TV setup, space for a kitchen island with seating, a bedroom with a large closet, a bathroom with a frameless glass rainshower, and ensuite laundry. It's been extremely well maintained and beautifully put together, so all that's left to do is move in. 8G is a boutique building with just 89 suites, and that's one of the things the owners love most about living here: it's small, and it's quiet. Two grocery stores sit right at your door, which makes the weekly shop about as easy as it gets. But ask the owners their favourite part and they'll tell you it's the location. Step outside and you're on West Queen West, with pizza at Badiali, drinks at Bar Poet, and dinner or live music at The Drake. Keep walking east and Ossington's restaurants, bars and shops are waiting, with Trinity Bellwoods just beyond for lazy weekend afternoons. Heading to a game or a summer concert? BMO Field and RBC Amphitheatre (formerly Budweiser Stage) are a short trip south, past Liberty Village. And the 501 streetcar stops right outside. For those who want something stylish, manageable and move-in ready in one of Toronto's most fun neighbourhoods, this is a pretty compelling place to start.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13868460
Bedrooms
1
Bathrooms
1
Size
500-599 sq ft
Cross streets
Queen St West & Dufferin
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Concrete
Maintenance
$422/mo
Exposure
South
Property tax
$2,394 / 2026
Days on market
13
Listing brokerage
BOSLEY REAL ESTATE LTD.

Rooms

KitchenFlat3.30 × 0.40 m

modern kitchen · stone counters

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

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.

What sellers nearby are askingCurrently listed nearby in Little Portugal · asking prices
$512kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

Per square foot, these ask about $909/sqft; this home lists at $837/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
460kThis home519k529k545k549k420kThis 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.

Niagara
$687K
Waterfront Communities C1
$687K
Kensington-Chinatown
$600K
Annex
$1.03M
Church-Yonge Corridor
$580K

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 · 0.3 km awayAround the GTA average · 73% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
The Grove Community School · Public elementary0.3 km
Msgr Fraser College (Southwest) · Catholic secondary0.6 km
St Ambrose Catholic School · Catholic elementary0.6 km · 85% at standard
Parkdale Junior and Senior Public School · Public elementary0.8 km · 51% at standard
Holy Family Catholic School · Catholic elementary0.8 km · 45% at standard
Givins/Shaw Junior Public School · Public elementary0.9 km · 81% at standard
Dr. Rita Cox – Kina Minogok Public School · Public elementary0.9 km · 56% at standard
City View Alternative Senior School · Public elementary1.0 km
Shirley Street Junior Public School · Public elementary1.0 km · 70% at standard
Ossington/Old Orchard Junior Public School · Public elementary1.2 km · 88% at standard
St Helen Catholic School · Catholic elementary1.2 km · 74% at standard
Brock Public School · Public elementary1.4 km · 81% at standard

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

Affordability & Mortgage

Affordability
$2,097/mo
$98KIncome needed
4.7×Price ÷ income
$484Weekly cost
$11,350Land 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.

77%mortgage
Mortgage $2,097Property tax $200Condo fee $422Total carry $2,718

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,035per month

Mortgage amount $368,000 · 4.49% over 25 years

$92,000Down payment (20.0%)
$368,000Loan before insurance
$0CMHC premium
$2,656Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,035
Property tax
$200
Condo / maintenance fees
$422
Heating
$0
Estimated monthly cost
$2,656

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

One-time closing costs

Ontario land transfer tax
$5,675
Toronto municipal land transfer tax
$5,675
Estimated closing costs
$11,350

Plus your down payment of $92,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,463/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

$242,421Total interest paid
$610,421Total of all payments
Principal $368,000 Interest $242,421
YearPrincipalInterestBalance
1$8,212$16,205$359,788
2$8,585$15,832$351,203
3$8,975$15,442$342,228
4$9,382$15,034$332,846
5$9,808$14,608$323,037
6$10,254$14,163$312,784
7$10,719$13,698$302,064
8$11,206$13,211$290,858
9$11,715$12,702$279,144
10$12,247$12,170$266,897
11$12,803$11,614$254,094
12$13,384$11,033$240,710
13$13,992$10,425$226,719
14$14,627$9,790$212,092
15$15,291$9,126$196,801
16$15,985$8,431$180,815
17$16,711$7,706$164,104
18$17,470$6,947$146,634
19$18,263$6,154$128,371
20$19,092$5,325$109,279
21$19,959$4,458$89,320
22$20,865$3,551$68,454
23$21,813$2,604$46,642
24$22,803$1,614$23,839
25$23,839$578$0

At the end of your 5-year term

Total paid over the term
$122,084
Principal paid down
$44,963
Interest paid
$77,121
Balance remaining
$323,037

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
Estimate$1,700/mo
$20,400Gross annual rent
2.2%Cap rate after taxes and upkeep

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

Talk about the numbers

Estimates 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.

4.4%
Gross yield
− Property tax $2,394− Condo fees $5,066− Insurance $600− Vacancy & upkeep $2,244Net operating income $10,096

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

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