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Welcome to this remarkable Loft condo apartment located in the coveted neighborhood of Little Portugal. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $494,800 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.
Experience comfortable and spacious city living at 8 Gladstone Ave in Little Portugal where Queen West streetcars, boutiques, and eateries are just steps away, and parks, grocery stores and all your daily essentials located within easy reach. Cozy and inviting, this open-plan one-bed, one-bath condo boasts 9 ft. ceilings, laminate floors and a kitchen with built-in fridge, freezer, and dishwasher that combines form with function. You'll be amazed at how comfortably the generous living area fits your needs - a dining table, a coffee station, a three-seater couch - even leaving room for a remote workstation. With floor-to-ceiling glass spanning the east wall, step out onto your protected balcony complete with gas hookup, overhead shelter and brick sidewalls allowing you to enjoy skyline views in complete privacy. With ample closet space, in-unit laundry (upgraded LG washer and dryer tower) and a bright, spa-like bathroom, this Queen West gem just might check all your boxes.
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Data-driven valuation for 8 Gladstone Avenue 308, Toronto C01, ON M6J 0B3
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $494,800 in Toronto, the legal minimum down payment is $24,740 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 $6,371 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $6,371 also applies, bringing the total estimated land transfer taxes to $12,742.
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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.