703-2 Gladstone Avenue, Toronto, ON

Little Portugal, Toronto · MLS® C14027726

$589,000
For Sale
Listed 4 days agoNo offer date stated

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1+1Bedrooms
1Bathrooms
1Garage
600-699Sq ft

About this home

In short

  • Welcome to this exceptional 1-bedroom + den in a boutique 8-storey loft-style building, perfectly situated in the heart of Queen West with unobstructed east-facing...
  • With 9' exposed concrete ceilings, a wall of windows and an open-concept layout, the suite is filled with natural light and offers a stylish, modern feel.

Welcome to this exceptional 1-bedroom + den in a boutique 8-storey loft-style building, perfectly situated in the heart of Queen West with unobstructed east-facing views overlooking the iconic Gladstone Hotel. With 9' exposed concrete ceilings, a wall of windows and an open-concept layout, the suite is filled with natural light and offers a stylish, modern feel. The spacious living and dining area opens onto a large private east-facing balcony, offering beautiful city views and the perfect spot to enjoy your morning coffee. The updated kitchen is seamlessly integrated into the living space and features quartz countertops, tile backsplash and stainless-steel appliances. The versatile den is ideal for a home office, guest space or additional storage, while in-suite laundry adds everyday convenience. One owned parking space and an adjacent locker are also included. Residents can enjoy the building's party room when entertaining or hosting larger gatherings. Beyond your front door, you're surrounded by everything that makes Queen West so vibrant, with a grocery store directly across the street and the Queen streetcar just steps away. Trendy shops, cafes, restaurants and galleries are all within easy reach, while Trinity Bellwoods Park and the fabulous dining scene along Ossington Avenue are just a short stroll away. A bright, stylish and wonderfully walkable city home with incredible views and everything you need right outside your door.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C14027726
Bedrooms
1+1 (2 total)
Bathrooms
1
Size
600-699 sq ft
Cross streets
Queen and Dufferin
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$838/mo
Exposure
East
Property tax
$3,154 / 2026
Days on market
4
Listing brokerage
BABIAK TEAM REAL ESTATE BROKERAGE LTD.

Rooms

Primary BedroomMain2.69 × 2.90 m
FoyerMain5.96 × 2.03 m
Dining RoomMain4.19 × 4.04 m
KitchenMain4.08 × 1.56 m
DenMain2.24 × 3.11 m
Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there are not enough closely comparable recent sales nearby 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.

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.

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 · 0.4 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 elementary0.7 km · 85% at standard
Holy Family Catholic School · Catholic elementary0.8 km · 45% 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
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
$2,684/mo
$130KIncome needed
4.5×Price ÷ income
$619Weekly cost
$16,510Land 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.

71%mortgage
Mortgage $2,684Property tax $263Condo fee $838Total carry $3,786

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)
$2,605per month

Mortgage amount $471,200 · 4.49% over 25 years

$117,800Down payment (20.0%)
$471,200Loan before insurance
$0CMHC premium
$3,706Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,605
Property tax
$263
Condo / maintenance fees
$838
Heating
$0
Estimated monthly cost
$3,706

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

One-time closing costs

Ontario land transfer tax
$8,255
Toronto municipal land transfer tax
$8,255
Estimated closing costs
$16,510

Plus your down payment of $117,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,153/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

$310,404Total interest paid
$781,604Total of all payments
Principal $471,200 Interest $310,404
YearPrincipalInterestBalance
1$10,515$20,749$460,685
2$10,993$20,272$449,692
3$11,492$19,772$438,200
4$12,013$19,251$426,187
5$12,559$18,705$413,628
6$13,129$18,135$400,499
7$13,725$17,539$386,774
8$14,348$16,916$372,425
9$15,000$16,264$357,425
10$15,681$15,583$341,744
11$16,393$14,871$325,351
12$17,137$14,127$308,214
13$17,915$13,349$290,298
14$18,729$12,535$271,570
15$19,579$11,685$251,990
16$20,468$10,796$231,522
17$21,398$9,867$210,125
18$22,369$8,895$187,756
19$23,385$7,879$164,371
20$24,446$6,818$139,925
21$25,556$5,708$114,368
22$26,717$4,547$87,651
23$27,930$3,334$59,722
24$29,198$2,066$30,524
25$30,524$740$0

At the end of your 5-year term

Total paid over the term
$156,321
Principal paid down
$57,572
Interest paid
$98,749
Balance remaining
$413,628

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$2,050/mo
$24,600Gross annual rent
1.4%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.

4.2%
Gross yield
− Property tax $3,154− Condo fees $10,060− Insurance $600− Vacancy & upkeep $2,706Net operating income $8,081

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

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