837 Gladstone Avenue, Toronto (Dovercourt-Wallace Emerson-Junction) - Multi-family for Sale

Description

Welcome to 837 Gladstone Avenue - a rare opportunity in one of Toronto's fastest-growing neighbourhoods. Nestled on a quiet street in the heart of Wallace Emerson, this solid three-storey detached home sits on one of the area's deepest lots, offering exceptional flexibility for homeowners, investors, and developers alike. Move-in ready and income-producing, the property has been thoughtfully maintained with updated electrical and plumbing (2002), a new roof and air conditioning, a newer furnace (approx. 7 years old), and a brand-new paved driveway. Currently configured as a legal duplex with separate entrances, it features three spacious kitchens, three full bathrooms, generous principal rooms, a separate basement entrance, and rear parking for up to three vehicles. The oversized backyard unlocks exciting future potential. Similar to neighboring properties, there may be an opportunity to add a laneway or garden suite with three or more bedrooms (buyer to verify), or simply enjoy the expansive outdoor space as a private urban retreat. Location is a standout. Just steps to Wallace Emerson Community Centre, featuring a pool, gym, ice rink, bike park, and library. Walk to Dovercourt, schools, grocery stores, pharmacies, cafés, restaurants, and breweries. The nearby Galleria on the Park redevelopment is transforming the neighbourhood with new amenities, green space, and long-term value. Commuters will appreciate easy access to Dufferin Station and downtown Toronto. Live in one unit and rent the others, maximize income with a full rental configuration, or convert the property into a spacious single-family home. With projected rental income of up to $10,000 per month and endless future possibilities, 837 Gladstone Avenue is a unique opportunity to invest in one of Toronto's most dynamic communities. (id:66096)

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