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Listed 18 days ago

602 - 8 Gladstone Avenue

Little Portugal, Toronto

$399,000

Condo Apartment |
1 | 1 | 0 | 0
About this home

Welcome to this stunning 1-bedroom, 1-bathroom condo where modern flair and industrial chic converge to create the perfect city retreat! Located in the heart of Little Portugal ~ 8 Gladstone Ave offers unbeatable access to Queen West streetcars, boutique shops, trendy restaurants, and vibrant city life; just minutes from downtown with parks, schools, and daily essentials at your doorstep! This open-concept gem features soaring ceilings, rich hardwood flooring, and full-height upper kitchen cabinets and full size appliances that combine elegance with everyday functionality. Seamless flow into the living area perfect for entertaining or relaxing in style. Unique to this unit, a gas line to the private balcony offers the ideal setup for outdoor cooking or cozy evenings under the stars. Enjoy generous closet space and in-unit washer and dryer. Don't miss your chance to own a piece of Queen Wests dynamic lifestyle.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size500-599 sq. ft.
Maintenance Fees$411
LockerNone
BalconyOpen
ExposureEast
Parking TypeNone
Parking Spaces0
Parking FeaturesNone
Property Tax$2,323
mls© NumberC13578466
Listed ByRE/MAX HALLMARK FIRST GROUP REALTY LTD.
Building Insurance Included
Common Elements Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,042
Property tax
$194
Heat allowance
$150
Condo fees, half counted
$206
Housing costs
$2,591 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $79,800
25-yr amortization

Income needed

$80,000

gross annual household income

Payment at 4%
$1,679 / mo
Cash down
$79,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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