The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Set on one of Corktown's most desirable streets, 13 Gilead Place offers a rare opportunity to own a freehold townhouse in the heart of Toronto's Lower East Side. Just steps to the Distillery District, St. Lawrence Market, the Financial District, and the upcoming Ontario Line Corktown Station, this location delivers unmatched urban convenience with a strong sense of community. Designed by architect Brian Kucharski, the home blends modern architecture with thoughtful functionality. The open-concept main floor is ideal for both entertaining and daily living, featuring soaring 13-foot ceilings and floor-to-ceiling windows that bathe the space in natural light. The seamless transition between living and dining areas creates an inviting and sophisticated atmosphere.Upstairs, the primary bedroom offers a calm retreat with 10-foot ceilings and a spa-inspired ensuite. The second bedroom includes custom cabinetry and a built-in Murphy bed, making it both stylish and versatile. Heated floors throughout all bathrooms and the finished lower level elevate everyday comfort.The upper level provides a flexible space that can easily serve as a home office, gym, or additional bedroom. From here, step onto the private rooftop patio - a rare urban oasis with a gas BBQ, greenery, and impressive city views. Oversized 1 car garage with extra parking in laneway. This is a home that perfectly balances design, comfort, and location - ideal for those seeking an elevated downtown lifestyle.
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What’s NearbyDistances approximate
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Estimated Rental Income
Rental estimate coming soon
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A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$7,620/mo
Mortgage (principal + interest)$6,921
Property taxFrom listing: $8,385/yr$699
Minimum 20% ($370,000 on this price) applies to homes priced over $1.5M in Canada; the slider starts at 20%. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$370,000
Ontario land transfer taxProvincial brackets, no first-time refund$33,475
Toronto land transfer taxMunicipal brackets, no first-time refund$33,475
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$439,750
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Toronto adds its own land transfer tax; first-time buyers can get up to $4,475 back on it.
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
