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613 - 8 Gladstone Avenue
Little Portugal, Toronto
$460,000
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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| Type | Condo Apartment |
| Style | Apartment |
| Approx. Age | 11-15 |
| Size | 500-599 sq. ft. |
| Maintenance Fees | $422 |
| Locker | None |
| Balcony | Open |
| Exposure | South |
| Parking Type | Underground |
| Parking Spaces | 0 |
| Parking Features | None |
| Property Tax | $2,394 |
| mls© Number | C13868460 |
| Listed By | BOSLEY REAL ESTATE LTD. |
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%
- $2,354
- Property tax
- $200
- Heat allowance
- $150
- Condo fees, half counted
- $211
- Housing costs
- $2,915 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$90,000
gross annual household income
- Payment at 4%
- $1,936 / mo
- Cash down
- $92,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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