308-2 Gladstone Avenue, Toronto, ON
Little Portugal, Toronto · MLS® C14085224
About this home
In short
- A rare urban retreat with unmatched private outdoor living.
- This 1-bedroom, 550 sq.ft. unit has been refreshed with new floors and paint throughout and is move in ready.
- It has an exceptional 400 sq.ft. private rooftop terrace with unobstructed eastern views over the historic Gladstone Hotel to the downtown Toronto skyline and the CN...
- This 3rd-floor unit offers lots of natural light with floor-to-ceiling windows, providing privacy and an unimpeded southern views overlooking lush trees.
- It has soaring 9-ft exposed concrete ceilings, a modern kitchen with built-in appliances and open-concept living.
A rare urban retreat with unmatched private outdoor living. This 1-bedroom, 550 sq.ft. unit has been refreshed with new floors and paint throughout and is move in ready. It has an exceptional 400 sq.ft. private rooftop terrace with unobstructed eastern views over the historic Gladstone Hotel to the downtown Toronto skyline and the CN Tower. Rooftop dining and entertaining are made easy with a gas line for a barbecue and an indoor prep kitchen and bathroom just beside. This 3rd-floor unit offers lots of natural light with floor-to-ceiling windows, providing privacy and an unimpeded southern views overlooking lush trees. It has soaring 9-ft exposed concrete ceilings, a modern kitchen with built-in appliances and open-concept living. This Boutique building is pet-friendly, community-focused, and has a low turnover. It is perfectly located in the heart of West Queen West, voted the coolest neighbourhood in the world - steps to the Drake Hotel, top-rated restaurants, shops, galleries, cafes, and TTC transit. Perfect for those who enjoy being within walking distance of everything you can need, with a Metro grocery store at the base of the building, a Freshco across the street, Rexall and Shoppers Drug Mart just a 5 minute walk away, and a quick 5-minute drive to the Gardiner Highway and Lakeshore Boulevard. A one-of-a-kind terrace lifestyle in one of Toronto's most creative and connected neighbourhoods.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- C14085224
- 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
- Maintenance
- $641/mo
- Exposure
- South
- Property tax
- $2,639 / 2025
- Days on market
- 3
- Listing brokerage
- Royal LePage Our Neighbourhood Realty
Rooms
combined w/living · laminate · south view
combined w/dining · laminate · south view
closet · sliding doors
galley kitchen · laminate
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 readIts 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.
For sale
For sale
For sale
For sale
For sale
For sale
For sale
For saleThe closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $918/sqft; this home lists at $944/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 active listings nearby.
See all comparable homesNeighbourhood & location
Little Portugal, Toronto, ON
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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 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.
Mortgage amount $415,200 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,296
- Property tax
- $220
- Condo / maintenance fees
- $641
- Heating
- $0
- Estimated monthly cost
- $3,157
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $6,855
- Toronto municipal land transfer tax
- $6,855
- Estimated closing costs
- $13,710
Plus your down payment of $103,800. 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
- $137,743
- Principal paid down
- $50,730
- Interest paid
- $87,013
- Balance remaining
- $364,470
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
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 Royal LePage Our Neighbourhood Realty. MLS®/PropTx.