$1,725,000 - 13 Gledhill Avenue, The Beaches
Multi-Family for Sale in The Beaches
New — Listed 3 days ago- MLS Number
- E13226858
- Property Type
- Multi-Family
- Status
- active
- Days on Site
- 3
- Bedrooms
- 5
- Bathrooms
- 3
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- The Beaches / Upper Beaches
- Listing Brokerage
- KW Living Realty
**The Danforth Doorstep. Three Units. One Smart Move.** Tucked on a quiet residential street just steps from the energy of the Danforth, 13 Gledhill Avenue is the kind of property that seasoned investors dream about finding and rarely do. A 2 storey duplex with an additional basement apartment, this century home delivers immediate income potential across three self-contained units, each with their own entrance and personality. On the second floor, a bright two-bedroom suite sits above a generous two-bedroom main floor unit that retains the warmth and craftsmanship you only find in homes built over a hundred years ago. Original millwork, character details, and the bones of a 1910 build give this property something no new construction can replicate. The basement rounds out the picture with a comfortable one-bedroom apartment, adding a third income stream to an already compelling investment. Whether you are a first-time investor stepping into the market or adding to an established portfolio, this is passive income without the compromise. The Danforth corridor has long been one of Toronto's most beloved and resilient neighbourhoods, lined with acclaimed restaurants, independent shops, and the kind of community energy that keeps tenants renewing year after year. Transit is steps away. Schools, parks, and the DVP are all within reach. The numbers work. The location holds. The demand does not slow down. Live in one unit and let the others carry your mortgage, or lease all three and watch your investment perform. Either way, 13 Gledhill is not just a property. It is a foothold in one of Toronto's most enduring east-end communities. Opportunities like this are few. Neighbourhoods like this are forever.
Estimate your monthly payments for this property
Estimated Payment
$7,630.26/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover The Beaches / Upper Beaches
The Beaches / Upper Beaches is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in The Beaches / Upper Beaches
- •Convenient location in The Beaches / Upper Beaches
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
The Beaches / Upper Beaches offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
13 Gledhill Avenue, The Beaches / Upper Beaches
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $863/sqft, this property is priced in line with current The Beaches market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Just Listed - Act Strategically
This property hit the market within the last week. In The Beaches's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
Excellent Flexibility
With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in The Beaches.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
Investment Perspective
Looking at this as an investment: The Beaches properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $7,188 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.