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.
Welcome to 806 Gladstone Avenue - a stunning, fully renovated legal duplex delivering exceptional cash flow potential, modern luxury, and lasting value in one of Toronto's most sought-after neighbourhoods. Completely reimagined in 2025, this semi-detached showpiece blends sophisticated design with smart functionality, making it the perfect opportunity for investors, savvy end-users, or multi-generational families seeking flexibility and income potential. Thoughtfully configured as two fully self-contained units, this turnkey property offers the rare ability to live in one suite while generating rental income from the other - or maximize returns with dual-income potential. The main and upper levels showcase a designer kitchen featuring quartz countertops, premium stainless steel appliances, custom cabinetry, and contemporary finishes throughout. Three spacious, sun-filled bedrooms and abundant storage complete the upper residence, creating an ideal space for modern family living. The beautifully finished lower-level suite features its own private kitchen, full bathroom, and separate walk-up entrance, offering the perfect setup for a high-demand rental unit, in-law suite, or additional passive income stream .No detail was overlooked in this top-to-bottom transformation. Major upgrades include a new roof, striking stucco exterior, sleek modern canopy, and brand-new hot water tank. All key mechanical systems - including HVAC, plumbing, and electrical - have been fully updated, providing true turnkey ownership and peace of mind for years to come. Offering approximately 2,700 sq. ft. of finished living space, this rare laneway garage home is a standout opportunity in a vibrant, high-demand Toronto community. Ideally located just steps from parks, schools, transit, and local amenities, 806 Gladstone Avenue is a premium income-generating property that seamlessly combines lifestyle, versatility, and long-term investment potential.
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What’s NearbyDistances approximate
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Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
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$6,067/mo
Mortgage (principal + interest)$5,611
Property taxFrom listing: $5,467/yr$456
Minimum 20% ($300,000 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$300,000
Ontario land transfer taxProvincial brackets, no first-time refund$26,475
Toronto land transfer taxMunicipal brackets, no first-time refund$26,475
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$355,750
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.
