8 Gladstone Avenue 613, Toronto C01

$460,000
8 Gladstone Avenue 613

$460,000

New
17d
Condo ApartmentApartment

8 Gladstone Avenue 613, Toronto C01

Total Monthly Obligation $2,677

Beds
1
Baths
1
Park
0
Sqft
500-599
DOM
17d
Score
20
Yield
5.8%
Cash on Cash
-3.1%
Cap Rate
3.9%
5Y IRR
13.1%
10Y IRR
12.6%
Property Type-Condo Apartment
MLS® Number-C13868460
Beds-1
Bathrooms-1
Size-500-599 sqft
Listed on site-Oct 6, 2026
Style-Apartment
Building Type-Condo Apartment
Age-11-15
Taxes-$2,394.01 (2026)
Maintenance-$422.15/mo
Locker-None
Parking-Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-BOSLEY REAL ESTATE LTD.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick, Concrete
Possession-Flexible
Neighbourhood-Little Portugal
Title-Residential Condo & Other

No agent assigned

Ten-foot exposed concrete ceilings in a one-bedroom. It's the first thing you notice at unit 613, and it changes everything about how this suite feels.Wood floors run throughout, the kitchen has quartz counters and under-cabinet lighting, and a south-facing wall of glass fills the space with light all day before opening onto your balcony. The layout works hard, too: room for a proper couch and TV setup, space for a kitchen island with seating, a bedroom with a large closet, a bathroom with a frameless glass rainshower, and ensuite laundry. It's been extremely well maintained and beautifully put together, so all that's left to do is move in. 8G is a boutique building with just 89 suites, and that's one of the things the owners love most about living here: it's small, and it's quiet. Two grocery stores sit right at your door, which makes the weekly shop about as easy as it gets. But ask the owners their favourite part and they'll tell you it's the location. Step outside and you're on West Queen West, with pizza at Badiali, drinks at Bar Poet, and dinner or live music at The Drake. Keep walking east and Ossington's restaurants, bars and shops are waiting, with Trinity Bellwoods just beyond for lazy weekend afternoons. Heading to a game or a summer concert? BMO Field and RBC Amphitheatre (formerly Budweiser Stage) are a short trip south, past Liberty Village. And the 501 streetcar stops right outside. For those who want something stylish, manageable and move-in ready in one of Toronto's most fun neighbourhoods, this is a pretty compelling place to start.

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(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$368,000
Land Transfer Taxes$5,675
Legal Fees (Est.)
$
Total cash required for closing$99,175

Total Monthly Obligation

$2,677/mo
Mortgage $1,856
Monthly Loss $2,189
Principal$488
Interest$1,367
Property Tax$200
Condo Fees$422
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-8.1%1
5-Year IRR
9.4%32
10-Year IRR
10.3%
Returns Index
16.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
20/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$26,844/yr
NOI
$14,300/yr
Net Cash Flow
-$664/mo
Cash Margin
-29.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.648
LTV Ratio
80.0%18
Vacancy Buffer
3.6 mo62
Risk Index
29.3/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 8 Gladstone Avenue 613

Time

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