345 Gladstone Ave
Dufferin Grove, Toronto, M6H 3H5
FOR SALE
$3,549,000
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7
BEDROOMS6
BATHROOMS6
KITCHENS24
ROOMSC8119140
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Property Description
Renovated, Detached Purpose Built Brick 6 Unit Income Property Like No Other Situated In 1 Of Toronto's Most Rentable Neighbourhoods! Victorian-Style Bldg With Each Unit Showcasing Their Own Unique Charm And Modern Finishes. Large Layouts With Original Hardwood In Some Units, Stained Glass Windows, Exposed Brick+Beam An Investment Property You Have To See To Believe.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2022-07-22 | 2022-09-13 | 57 | $3,200 | - | Suspended |
| 2022-07-22 | 2022-08-23 | 36 | $3,200 | - | Suspended |
| 2022-05-16 | 2022-07-16 | 61 | $3,200 | - | Expired |
| 2022-03-02 | 2022-05-01 | 60 | $3,200 | - | Expired |
Nearby Intersections
Bloor & Dufferin (25)
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Property Details
Street
Community
City
Property Type
Multiplex, 3-Storey
Lot Irregularities
Irregular
Fronting
East
Taxes
$9,533 (2023)
Basement
Apartment
Exterior
Brick
Heat Type
Water
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Driveway
None
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 5.84' x 11.84' | Renovated, Open Concept, Stainless Steel Appl |
| Living | Main | 11.15' x 12.07' | Bay Window, Open Concept, Laminate |
| Br | Main | 8.76' x 9.84' | Large Window, Laminate |
| Kitchen | Main | 5.84' x 11.84' | Open Concept, Tile Floor |
| Living | 2nd | 11.09' x 10.66' | |
| Br | 2nd | 11.68' x 10.60' | |
| Kitchen | 2nd | 5.84' x 11.75' | Renovated, Stainless Steel Appl, W/O To Balcony |
| Living | 2nd | 10.43' x 14.01' | Large Window, Laminate |
| Kitchen | 3rd | 8.60' x 12.07' | Renovated, Large Window, Stainless Steel Appl |
| Br | 3rd | 8.60' x 10.99' | Vaulted Ceiling, Closet, Window |
| Br | Lower | 10.24' x 11.52' | |
| Kitchen | Lower | 9.68' x 12.60' |
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Toronto Market Statistics
Toronto Price Trend
345 Gladstone Ave is a 7-bedroom 6-bathroom home listed for sale at $3,549,000, which is $1,086,500 (44.1%) higher than the average sold price of $2,462,500 in the last 30 days (March 28 - April 26). During the last 30 days the average sold price for a 7 bedroom home in Toronto increased by $1,057,500 (75.3%) compared to the previous 30 day period (February 27 - March 27) and down $2,292,750 (48.2%) from the same time one year ago.Inventory Change
There were 6 7-bedroom homes listed in Toronto over the last 30 days (March 28 - April 26), which is down 0.0% compared with the previous 30 day period (February 27 - March 27) and down 50.0% compared with the same period last year.Sold Price Above/Below Asking ($)
7-bedroom homes in Toronto typically sold ($166,000) (6.7%) below asking price over the last 30 days (March 28 - April 26), which represents a $97,800 increase compared to the previous 30 day period (February 27 - March 27) and ($230,999) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 7-bedroom homes in Toronto over the last 30 days (March 28 - April 26) stood at 66.7%, up from 16.7% over the previous 30 days (February 27 - March 27) and up from 33.3% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 7-bedroom 6-bathroom home in Toronto stood at 55 days when successfully sold over the last 30 days (March 28 - April 26), compared to 73 days before being removed from the market upon being suspended or terminated.Listing contracted with Forest Hill Real Estate Inc.
Similar Listings
Coming to the market for the first time ever; you truly only get a shot at something like this once in a lifetime! Endless opportunities exist within this massive turnkey multiplex situated on a 50 x 140 foot lot only minutes to Yonge & Eglinton. This property is currently set up as six units - FOUR 3 bedroom 1 bathroom and TWO 2 bedroom 1 bathroom, all occupied with solid rents. For the investor, assume decades of stable income and AAA tenant history and increase rents over time, or build and move into an ample sized owner's suite. For the builder , a 50 x 140 with laneway access at the back offers the opportunity to create additional units or sever and build down the line. Located five minutes walk to Eglinton subway station to head North, South, East, or West with the new LRT coming online and only a quick walk to all of midtowns best restaurants, shopping and cafes.
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