362 Gladstone Ave

FOR SALE
$1,550,000
362 Gladstone Ave, Toronto
362 Gladstone Ave
362 Gladstone Ave
362 Gladstone Ave
362 Gladstone Ave
362 Gladstone Ave
362 Gladstone Ave
362 Gladstone Ave
362 Gladstone Ave
362 Gladstone Ave
362 Gladstone Ave
362 Gladstone Ave
362 Gladstone Ave
362 Gladstone Ave
362 Gladstone Ave
362 Gladstone Ave
362 Gladstone Ave
362 Gladstone Ave
362 Gladstone Ave
362 Gladstone Ave
362 Gladstone Ave
362 Gladstone Ave
362 Gladstone Ave
362 Gladstone Ave
362 Gladstone Ave
362 Gladstone Ave
362 Gladstone Ave
362 Gladstone Ave
362 Gladstone Ave
362 Gladstone Ave
362 Gladstone Ave
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3
BEDROOMS
3
BATHROOMS
2
KITCHENS
10
ROOMS
C8239908
MLSID
Contact Us
Property Description
Fabulous opportunity to own and invest in this vibrant West End neighbourhood! The perfect property in the perfect neighbourhood, just a stones throw from wonderful Toronto restaurants and entertainment. 362 Gladstone has been split into 2 spacious units and is a dream come true for new homeowners looking to offset living costs with rental income, or investors in search of a well maintained addition to their portfolio. This home features an abundance of character alongside thoughtful modern upgrades. The main and lower levels host a 2 bedroom unit with a walk-out to a spacious backyard full of fruit trees. The 2nd and 3rd level combine to make up a separate unit with 2 bedrooms, 2 bathrooms, and upgraded kitchen. The 3rd level primary suite includes a skylight and private rooftop terrace to complete this fantastic, versatile home steps away from all that College St has to offer.
Extras
More photos to be added. Separate 2 car garage as well as a private driveway. Backyard is stunning in spring and summer with fruit trees and flowers in full bloom. Upper unit is tenanted (month to month) by quiet, AAA+ tenants.
Nearby Intersections
Property Details
Property Type
Duplex, 3-Storey
Approximate Sq.Ft.
2500-3000
Lot Size
16' x 90'
Fronting
West
Taxes
$6,510 (2023)
Basement
Finished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Electric
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
1
Driveway
Private
Garage Type
Detached
Toronto Market Statistics
Toronto Price Trend
362 Gladstone Ave is a 3-bedroom 3-bathroom home listed for sale at $1,550,000, which is $160,959 (11.6%) higher than the average sold price of $1,389,041 in the last 30 days (March 31 - April 29). During the last 30 days the average sold price for a 3 bedroom home in Toronto increased by $33,052 (2.4%) compared to the previous 30 day period (March 1 - March 30) and down $15,427 (1.1%) from the same time one year ago.
Inventory Change
There were 991 3-bedroom homes listed in Toronto over the last 30 days (March 31 - April 29), which is up 26.1% compared with the previous 30 day period (March 1 - March 30) and up 32.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Toronto typically sold $75,927 (5.5%) above asking price over the last 30 days (March 31 - April 29), which represents a $8,155 decrease compared to the previous 30 day period (March 1 - March 30) and $81,186 less 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 3-bedroom homes in Toronto over the last 30 days (March 31 - April 29) stood at 63.5%, down from 71.1% over the previous 30 days (March 1 - March 30) and down from 75.8% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in Toronto stood at 12 days when successfully sold over the last 30 days (March 31 - April 29), compared to 35 days before being removed from the market upon being suspended or terminated.
Listing contracted with Sotheby's International Realty Canada
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Welcome to this exceptional duplex property, recently renovated to offer a blend of residential comfort and income potential. This property caters to diverse needs. The upper unit is currently rented, while the lower unit remains vacant, providing the option to reside in one and rent out the other.Situated directly across from the newly completed Waterworks YMCA and Food Hall, with easy access from Richmond, this duplex enjoys an enviable location. The lower unit has been meticulously renovated, offering a turnkey solution for the new owner. Boasting 4 bedrooms, 3 bathrooms, 2 kitchens, 2 laundries, and 2 expansive decks across two-and-a-half floors, this property provides ample living space with minimal maintenance requirements.
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