2 Gladstone Avenue, Toronto, ON

$680,000
MLS#:C12040704
2 beds
1 baths
700-799 sqft
1.0 parking
Residential Condo & Other
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Little Portugal. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $680,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 2 Bedrooms and 1 Bathroom
  • Generous living space spanning 700-799 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Separate Hydro Meter
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Wake up each morning to a beautiful, clear view of Toronto's skyline, including the iconic CN Tower, and at the end of every day you can take in the illuminated view of the city at night. Impress your friends and family with those views while you entertain, since you have plenty of room for a well-sized dining table and lots of seating in the living area - there's no wasted space in this highly functional floor plan. Use the second bedroom as a guest suite, an office with plenty of sunlight and that great view, or both. Don't feel like entertaining guests? The list of delicious, fun, trendy options to explore with them is endless - Gladstone or Drake Hotel, Bar Poet, Badiali, Forno Cultura, Salt Wine Bar and everything on Ossington...the list goes on. And whether you're exhausted from entertaining or just want ultra-convenience, no need to travel far for groceries or take out, with both located literally steps from your building. When Summer hits, Do West Fest is a short walk away. And if you love shopping, it doesn't get much better in the city than Queen West. Parking included and your access to the Gardiner is tough to beat, and there's a locker to increase your storage options.

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Key Features

Bedrooms
2
Bathrooms
1
Kitchens
1
Living Area
700-799 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateMay 5, 2025
Sold price information is available to members only
Listed Date3/25/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionConcrete
BasementNone
CountyToronto
Annual Tax$3,183

Parking & Garage

Parking Spaces1.0
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Clear View, Place Of Worship, Public Transit

Interior Features

Separate Hydro Meter

Security Features

Security System

Community Features

Location

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2 Gladstone Avenue, Toronto, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 2 Gladstone Avenue 704, Toronto C01, ON M6J 0B2

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

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Interest Rate5.25%
Down Payment$43,000 (6.3%)
* Minimum Canadian down payment required for this price is $43,000.
Amortization Period25 Years
Estimated Monthly Payment$3,796Based on a loan of $637,000 over 25 years.
Purchase Price$680,000
Loan Amount$637,000
Provincial Land Transfer Tax:$10,075
Toronto Municipal Land Transfer Tax:$10,075
Total Estimated Closing Taxes:$20,150

About Purchasing a Home in Toronto, ON

For a property listed at $680,000 in Toronto, the legal minimum down payment is $43,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $10,075 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $10,075 also applies, bringing the total estimated land transfer taxes to $20,150.

Nearby Listings

Distance:

No current listings found in Toronto.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Little Portugal, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$962,843

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Local Schools Guide

Elementary Schools

Alexander Muir/Gladstone
Public108 Gladstone Avenue, Toronto, Ontario, M6J 3L2
6.8
Givins/Shaw
Public49 Givins Street, Toronto, Ontario, M6J 2X5
6.3
Parkdale
Public209 Jameson Avenue, Toronto, Ontario, M6K 2Y3
2.9
Shirley Street
PublicShirley Street, Toronto, Ontario, M6K 1S9
8.5
Ossington/Old Orchard
Public380 Ossington Avenue, Toronto, Ontario, M6J 3A5
9.5

Secondary Schools

Parkdale
Public209 Jameson Avenue, Toronto, Ontario, M6K 2Y3
6.5
St.-Frère-André
Catholic330 Lansdowne Avenue, Toronto, Ontario, M6H 3Y1
7.7
Toronto Ouest
Public330 Lansdowne Avenue, Toronto, Ontario, M6H 3Y1
8.8
Central Commerce
Public570 Shaw Street, Toronto, Ontario, M6G 3L6
6.7

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.