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$519,000
Toronto
#308 2 Gladstone Avenue, Toronto (Little Portugal), Ontario, M6J0B2
This 1-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 550 sq ft of space. Its $519,000 asking price sits right in line with the $519,000 median in Toronto. It has been on the market 21 days, fresher than the Toronto average of 71 days.
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. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Active: 21 days on market, against an average age of 71 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell below asking price
Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This 1-bed single family in Toronto (Little Portugal) has been listed for 21 days, which is 50 days fresher than the city average of 71. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $519,000, about 5.8× the local median household income of $90,000.
Carrying it typically needs a household income of about $101,379 (20% down, 25-yr amortization, stress-tested) — roughly 13% above the area median.
Source: Statistics Canada, 2021 Census (FSA M6J)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice