115 GLADSTONE AVENUE, Toronto, Ontario
$2,095,000
- 5 Beds
- 5 Baths
Rare opportunity to own a fully legal 5-unit income property in one of Torontos most sought-after rental neighbourhoods. Four of five units have been renovated, offering strong in-place income with significant upside as units turn over to market rents. High cap rate in a high-growth area perfect for the savvy investor. Recent upgrades include roof shingles (2021), new sump pump (2024), and boiler pump (2025). Excellent tenant profile and minimal vacancy.Laneway access at the rear presents potential for a laneway suite (buyer to verify), adding future income potential. Steps to Queen West, transit, and all urban amenities. This is a rare, turnkey asset with stability, upside, and long-term value. (id:56241)
- Listing ID: C12086409
- Property Type: Single Family
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 115 GLADSTONE AVENUE in Toronto Ontario. It was last modified on April 16th, 2025. Contact us to schedule a viewing or to discover other Toronto homes for sale.