$475,000 - 2 Gladstone Avenue Unit 208, Downtown Toronto
Condo for Sale in Downtown Toronto
- MLS Number
- C13144902
- Property Type
- Condo
- Status
- active
- Days on Site
- 30
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 500 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- Owned
- Exposure
- South
- Balcony
- None
- Listing Brokerage
- KELLER WILLIAMS REFERRED URBAN REALTY
MOTIVATED SELLER! Welcome To Boutique Loft Living At 2 Gladstone In The Heart Of Vibrant Queen West. This Stylish 1-Bedroom Suite Offers Approx 550 Sq Ft Of Thoughtfully Designed living space in an Intimate Mid Rise Building. Featuring 9' Exposed Concrete Ceilings, Floor-To-Ceiling Windows And Hardwood Floors Throughout. Highly Sought After South Exposure Fills The Unit With Lots of Natural Light In Open Concept Layout. Ideal 2nd Floor Unit W/Optional Use Of Stairs For Easier Access. The Modern Kitchen is Equipped With Stainless Steel Appliances, Quartz Countertops, and a Sleek Glass Backsplash, Seamlessly Flowing into the Living and Dining area-Perfect For Entertaining or Relaxing. The Spacious Bedroom Includes Ample Closet Space and it Includes Locker for More Storage. Location Can't Be Beat! Steps from Queen West's Best Restaurants, Cafes, Shopping, Eclectic Boutiques and Nightlife. Metro, Starbucks, RBC, and LCBO are Conveniently Located in the Complex, with The 24-Hour TTC Queen Streetcar Right At Your Doorstep for Easy Access Across the City.A Perfect Opportunity for First-time Buyers, Investors, or Urban Professionals Seeking Stylish Loft Living in One of Toronto's Most Dynamic Neighbourhoods.
Estimate your monthly payments for this property
Estimated Payment
$2,437.00/mo
Includes CMHC insurance ($13,253)
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 Downtown Toronto / Waterfront
Downtown Toronto / Waterfront 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 Downtown Toronto / Waterfront
- •Convenient location in Downtown Toronto / Waterfront
- •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
Downtown Toronto / Waterfront 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.
2 Gladstone Avenue Unit 208, Downtown Toronto / Waterfront
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
Rental income estimator & ROI calculator
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 $950/sqft, this property is priced in line with current Downtown Toronto 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.
Market Position
At 30 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
Efficient Living
At 500 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
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.