806 Gladstone Avenue, Toronto, ON
Dovercourt-Wallace Emerson-Junction, Toronto · MLS® W13215968
About this home
Welcome to 806 Gladstone Avenue - a stunning, fully renovated legal duplex delivering exceptional cash flow potential, modern luxury, and lasting value in one of Toronto's most sought-after neighbourhoods. Completely reimagined in 2025, this semi-detached showpiece blends sophisticated design with smart functionality, making it the perfect opportunity for investors, savvy end-users, or multi-generational families seeking flexibility and income potential. Thoughtfully configured as two fully self-contained units, this turnkey property offers the rare ability to live in one suite while generating rental income from the other - or maximize returns with dual-income potential. The main and upper levels showcase a designer kitchen featuring quartz countertops, premium stainless steel appliances, custom cabinetry, and contemporary finishes throughout. Three spacious, sun-filled bedrooms and abundant storage complete the upper residence, creating an ideal space for modern family living. The beautifully finished lower-level suite features its own private kitchen, full bathroom, and separate walk-up entrance, offering the perfect setup for a high-demand rental unit, in-law suite, or additional passive income stream .No detail was overlooked in this top-to-bottom transformation. Major upgrades include a new roof, striking stucco exterior, sleek modern canopy, and brand-new hot water tank. All key mechanical systems - including HVAC, plumbing, and electrical - have been fully updated, providing true turnkey ownership and peace of mind for years to come. Offering approximately 2,700 sq. ft. of finished living space, this rare laneway garage home is a standout opportunity in a vibrant, high-demand Toronto community. Ideally located just steps from parks, schools, transit, and local amenities, 806 Gladstone Avenue is a premium income-generating property that seamlessly combines lifestyle, versatility, and long-term investment potential.
Key facts
- Property type
- Semi-Detached, 2-Storey
- MLS®
- W13215968
- Bedrooms
- 5 (3 + 2)
- Bathrooms
- 4 (2 half)
- Size
- 1100-1500
- Lot
- 18 × 131 ft
- Cross streets
- Dufferin St/Dupont St
- Parking
- 15 garage · 2 parking (detached)
- Driveway
- Available
- Basement
- Apartment, Finished with Walk-Out
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Stucco (Plaster)
- Foundation
- Concrete
- Roof
- Shingles
- Sewer
- Sewer
- Property tax
- $5,467 / 2025
- Days on market
- 49
- Listing brokerage
- REAL BROKER ONTARIO LTD.
Rooms
hardwood floor · open concept · w/o to deck
Ceramic Floor
Ceramic Floor
hardwood floor · closet · large window
hardwood floor · combined w/dining · open concept
hardwood floor · closet · large window
hardwood floor · centre island · combined w/dining
3 Pc Ensuite
hardwood floor · combined w/living · open concept
4 Pc Bath
hardwood floor · closet · large window
2 Pc Bath
Walk-Out
Heads up: the asking price here sits well above what comparable listings suggest. That can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look before you offer. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.
Ask Moe if this price is fairThe assigned public school is Dovercourt Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.
On location, this is a very walkable address with everyday errands close by. Dufferin St at Dupont St is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
- Recent major systems: lower near-term capital costs, ask for the ages and any warranties.
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
- Value driver
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homes45 days longer than the Toronto average (4 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Dovercourt-Wallace Emerson-Junction, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.
Most daily errands can be done on foot.
🚉 Nearest transit: Dufferin St at Dupont St, about 109 m away
Within a 15-minute (1.5 km) walk.
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.
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
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $1,320,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $7,044
- Property tax
- $456
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $7,500
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $29,475
- Toronto municipal land transfer tax
- $29,475
- Estimated closing costs
- $58,950
Plus your down payment of $330,000. 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
- $422,641
- Principal paid down
- $168,102
- Interest paid
- $254,538
- Balance remaining
- $1,151,898
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
Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.
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 REAL BROKER ONTARIO LTD.. MLS®/PropTx.