276 Gladstone Avenue, Toronto, ON
Property Highlights
Welcome to this remarkable commercial retail located in the coveted neighborhood of Little Portugal. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1 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.
- 0 Bedrooms and 0 Bathrooms
- Premium 21 x 170 ft lot size
- Convenient outside/surface garage included
- equipped with no central cooling and highly efficient electric hot water heating
Description
A unique 2-storey freestanding building available for lease in Little Portugal, located adjacent to St. Anne's Anglican Church. This building offers approximately 2,527 SF of space plus an additional 1,277 SF in the basement. Currently configured as office space, the building retains its residential charm with the following layout: Main Floor consisits of a Living room, dining room, study, kitchen (includes appliances) and breakfast area with sliding glass doors leading out to a porch and back-yard. Second Floor: (4) bedrooms and (2) bathrooms. Basement: Recreational room, (2) general-purpose rooms, a laundry/workroom, and a bathroom. The residential zoning allows for various commercial uses (subject to conditions), including a day nursery, retail store, community centre, place of worship, or seniors' community house. Please note that the listed rent is a placeholder. The final net rent will be determined based on Tenant's use and the length of the term. The tenant will also be responsible for paying utilities.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 276 Gladstone Avenue, Toronto C01, ON M6J 3L6
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $1 in Toronto, the legal minimum down payment is $0 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 $0 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $0 also applies, bringing the total estimated land transfer taxes to $0.
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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.
