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Dufferin Grove, Toronto
$1,790,000
Welcome to 490 Gladstone Ave, a remarkable renovated 3-storey triplex offering an exceptional combination of scale, sophistication, income potential & flexibility in the heart of Toronto's vibrant west end. Thoughtfully renovated down to the studs, this impressive property features 5+1 bdrms & 3.5 baths, w/ private entrances serving the main floor, 2nd floor & finished bsmt, each w/ a private bathroom, full kitchen & laundry area.Designed w/ versatility in mind, this property presents an outstanding opportunity for investors, multi-gen families or an owner-occupier seeking additional income. A buyer can live in 1 unit while renting out the other 2, helping offset carrying costs & generating rental income. Alternatively, it can be maintained as a multi-unit investment or enjoyed by a large or extended family seeking to live together while maintaining distinct, private spaces.Contemporary finishes are showcased throughout, including laminate flrs, quartz countertops in the kitchens & bathrooms, & SS appl in all 3 kitchens. The finished bsmt further expands the living space & possibilities. Outdoor living is equally impressive, w/ a large rooftop terr & spacious backyard offering exceptional spaces for entertaining & relaxing. A rear lane parking space adds valuable convenience, w/ potential for possible laneway house. Private 3rd party mortgage may be available for qualified purchasers(discuss w/LA). Just steps from Dufferin Subway Stn, Dufferin Grove Park & an array of neighbourhood amenities, w/ Christie Pits, Dufferin Mall, schools, Bloor St shops, restaurants & cafés all within reach. Enjoy the best of west-end Toronto living w/ seamless access to transit & downtown.Whether envisioned as an income-producing triplex, owner-occupied property w/ rental income, multi-generational residence or property w/ laneway house potential, 490 Gladstone Ave offers a rare combination of quality, functionality & opportunity in one of Toronto's most desirable neighbourhoods.
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| Type | Att/Row/Townhouse |
| Style | 3-Storey |
| Approx. Age | 51-99 |
| Size | 1500-2000 sq. ft. |
| Property Tax | $8,069 |
| Lot Size | 14.99 ft x 166 ft |
| mls© Number | C13743256 |
| Listed By | AXON CAPITAL REALTY ADVISORS INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $9,162
- Property tax
- $672
- Heat allowance
- $150
- Housing costs
- $9,984 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$307,000
gross annual household income
- Payment at 4%
- $7,533 / mo
- Cash down
- $358,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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