5 Bedroom
5 Bathroom
2,500 - 3,000 ft2
Radiant Heat
$2,095,000
Rare opportunity to own a fully legal 5-unit income property in one of Torontos most sought-after rental neighbourhoods. Four of five units have been renovated, offering strong in-place income with significant upside as units turn over to market rents. High cap rate in a high-growth area perfect for the savvy investor. Recent upgrades include roof shingles (2021), new sump pump (2024), and boiler pump (2025). Excellent tenant profile and minimal vacancy.Laneway access at the rear presents potential for a laneway suite (buyer to verify), adding future income potential. Steps to Queen West, transit, and all urban amenities. This is a rare, turnkey asset with stability, upside, and long-term value. (id:61594)
Property Details
|
MLS® Number
|
C12086409 |
|
Property Type
|
Single Family |
|
Community Name
|
Little Portugal |
|
Parking Space Total
|
2 |
Building
|
Bathroom Total
|
5 |
|
Bedrooms Above Ground
|
5 |
|
Bedrooms Total
|
5 |
|
Basement Development
|
Finished |
|
Basement Type
|
N/a (finished) |
|
Construction Style Attachment
|
Detached |
|
Exterior Finish
|
Brick |
|
Foundation Type
|
Unknown |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Radiant Heat |
|
Stories Total
|
2 |
|
Size Interior
|
2,500 - 3,000 Ft2 |
|
Type
|
House |
|
Utility Water
|
Municipal Water |
Parking
Land
|
Acreage
|
No |
|
Sewer
|
Sanitary Sewer |
|
Size Depth
|
115 Ft |
|
Size Frontage
|
25 Ft |
|
Size Irregular
|
25 X 115 Ft |
|
Size Total Text
|
25 X 115 Ft |
https://www.realtor.ca/real-estate/28175814/115-gladstone-avenue-toronto-little-portugal-little-portugal
