
837 Gladstone Avenue, Toronto W02
Toronto W02
$1,579,000
Cash flow, cap rate & mortgage breakdown
Enter your email to unlock them right here.
Free forever. No credit card. Unsubscribe anytime.
Listed by RE/MAX HALLMARK REALTY LTD.
Investment Analysis
Key Facts
Type
Duplex
Bedrooms
5
Bathrooms
3
Days on Market
52
Price Drop
None
Year Built
N/A
Status
Active
Basement Income
None Detected
Rent Estimate
Estimated per-unit rents for duplex based on GTA rental market data
Remarks
Welcome to 837 Gladstone Avenue - a rare opportunity in one of Toronto's fastest-growing neighbourhoods. Nestled on a quiet street in the heart of Wallace Emerson, this solid three-storey detached home sits on one of the area's deepest lots, offering exceptional flexibility for homeowners, investors, and developers alike.Move-in ready and income-producing, the property has been thoughtfully maintained with updated electrical and plumbing (2002), a new roof and air conditioning, a newer furnace (approx. 7 years old), and a brand-new paved driveway. Currently configured as a legal duplex with separate entrances, it features three spacious kitchens, three full bathrooms, generous principal rooms, a separate basement entrance, and rear parking for up to three vehicles.The oversized backyard unlocks exciting future potential. Similar to neighbouring properties, there may be an opportunity to add a laneway or garden suite with three or more bedrooms (buyer to verify), or simply enjoy the expansive outdoor space as a private urban retreat.Location is a standout. Just steps to Wallace Emerson Community Centre, featuring a pool, gym, ice rink, bike park, and library. Walk to Dovercourt, schools, grocery stores, pharmacies, cafés, restaurants, and breweries. The nearby Galleria on the Park redevelopment is transforming the neighbourhood with new amenities, green space, and long-term value. Commuters will appreciate easy access to Dufferin Station and downtown Toronto.Live in one unit and rent the others, maximize income with a full rental configuration, or convert the property into a spacious single-family home. With projected rental income of up to $10,000 per month and endless future possibilities, 837 Gladstone Avenue is a unique opportunity to invest in one of Toronto's most dynamic communities.
MississaugaInvestor.ca
837 Gladstone Avenue
Duplex · 5bd/3ba · ~2,250 sqft
$1,579,000
Cash-Flow Report · July 31, 2026
Cap Rate
1.2%
Monthly Cash Flow
-$5,689/mo
Estimated Rent
$4,600/mo
Cash-on-Cash
-19.68%
Monthly (20% down · 4.89% rate · 25yr)
| Gross Rent | +$4,600 |
| Mortgage | −$7,268 |
| Property Tax | −$1,250 |
| Insurance | −$225 |
| Maintenance (1% of value/yr) | −$1,316 |
| Vacancy (5%) | −$230 |
| Cash Flow | -$5,689/mo |
Annual NOI & Cap Rate (All-Cash)
| Gross Rent | +$55,200 |
| Vacancy (5%) | −$2,760 |
| Property Tax | −$15,001 |
| Insurance | −$2,700 |
| Maintenance (1% of value/yr) | −$15,790 |
| Annual NOI | $18,949 |
| Cap Rate | 1.2% |
Cash Required to Close
| Down Payment (20%) | $315,800 |
| Ontario Land Transfer Tax | $28,055 |
| Legal & Title Insurance | $2,500 |
| Inspection & Misc | $500 |
| Total Cash Required | $346,855 |
Assumptions: 20% down · 4.89% rate · 25yr amort · Canadian semi-annual compounding · $225/mo insurance · maintenance reserve = greater of 8% of rent or 1% of value/yr (condo fee replaces it) · 5% vacancy · rent estimated from neighbourhood MLS comps. All figures are estimates — verify with a licensed professional before making an investment decision.
Prepared by Hamza Nouman · RECO-registered Investor Specialist · 647-609-1289 · hamza@nouman.ca · MississaugaInvestor.ca
Get the Full Cash-Flow Report
A one-page PDF: cap rate, cash flow, mortgage breakdown, NOI and total cash to close — all assumptions in one printable summary.
Also unlocks cap rate, sold comps & mortgage detail.