$1,489,000
806 GLADSTONE AVENUE
Beds
5
Baths
4.2
Sqft
—
Year
—
Location
See the block, not just the house.
Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.
About this home
Welcome to 806 Gladstone Avenue - a fully renovated legal duplex offering exceptional income potential and long-term value. Completely transformed in 2025, this semi-detached home has been thoughtfully redesigned with modern finishes and functionality, making it an ideal opportunity for investors, end-users seeking rental income, or multi-generational families. The property is legally configured as two self-contained units, providing flexibility to live in one unit while renting the other, or to generate dual rental income. The main and upper levels feature a brand-new kitchen with quartz countertops, stainless steel appliances, and custom cabinetry, along with three spacious, light-filled bedrooms and ample storage. The finished lower unit includes its own kitchen, full bathroom, and a separate walk-up entrance, making it perfectly suited for a rental suite, in-law accommodation, or additional income stream. Extensively upgraded from top to bottom, the home boasts a new roof, stucco exterior, modern canopy, and a brand-new hot water tank. All major systems-including heating, air conditioning, plumbing, and electrical-have been fully updated, offering peace of mind and low maintenance for years to come. With approximately 2,700 sq. ft. of finished living space, this rare laneway garage home stands out in one of Toronto's most desirable neighborhoods. Steps to parks, schools, transit, and local amenities, 806 Gladstone Avenue is a turnkey legal duplex that delivers versatility, rental income potential, and strong long-term upside. (id:65958)
- Subtype
- Single Family
- Structure
- House
- Community
- Dovercourt-Wallace Emerson-Junction
- Common interest
- Freehold
- Lot dimensions
- 18 x 131 FT
- Bedrooms
- 3 above grade, 2 below grade
- Parking
- 2 total
- Stories
- 2
- On market
- Jan 8, 2026
- Status changed
- Apr 16, 2026
- Annual tax
- $5,467.13
- Photos
- 50
- MLS#
- W12674860
- Area
- TORONTO_(DOVERCOURT-WALLACE_EMERSON-JUNCTION)
Features and systems
Parking
Basement
Appliances
Heating
Cooling
Exterior
Flooring
Foundation
Cash on cash
-11.50%
Cap rate
3.59%
GRM
16.7
Break-even rent
$10,454
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Lifestyle nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Toronto (Dovercourt-Wallace Emerson-Junction). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 16, 2026.