MLS® listing
1 Gloucester Street 1916: condo apartment for sale
$1,526,000
From the listing brokerage
Welcome To The One Of A Kind Private Residence At The Gloucester On Yonge. Luxurious 1,320 Sf Two Bedroom + Library Suite(1154+166 balcony). Nwe Exposure. Walk-In Closets In Both Bedrooms. Concord Biospace Air-Clean Filtration System & Water Leak Detection Sys. Direct Elevator Access To Unit + Back Entrace Connecting To 3 Gloucester St. For Helper/Nanny. Direct Access To Wellesley Subway Station On P1 Level. 9'Ft Ceiling, B/I Premium Ss Appliances. Walking Distance To W, Four Seasons Hotels, Yorkville And Luxury Shopping. Close To U Of T, Ryerson & Hospitals. Motivated Seller!
Facts on the listing
| Square feet | 1000-1199 |
|---|---|
| Approximate age | 0-5 |
| Style | Apartment |
| Basement | None |
| Parking spaces | 1 |
| Garage | Underground |
| Heating | Forced Air |
| Cooling | Central Air |
| Kitchens | 1 |
| Rooms | 7 |
| Maintenance fee | $1,046 |
| Property tax | $7,188 |
| Tax year | 2025 |
| Locker | Owned |
| Pets | No |
| Exposure | North West |
| Fee includes | Condo Taxes Included, Water Included |
| Building amenities | Bike Storage, Concierge, Exercise Room, Guest Suites, Outdoor Pool, Party Room/Meeting Room |
| Balcony | Open |
| Laundry | Ensuite |
| Parking | Underground |
| Interior features | Built-In Oven, Intercom |
| Features | Hospital, Library, Public Transit, School |
| Floor | 15 |
Listing courtesy of HOMEART REALTY SERVICES INC.. MLS® C12873466.
About this condo apartment
1 Gloucester Street 1916 is a 3 bedroom condo apartment in TRREB's Church-Yonge Corridor community in Toronto, listed for sale at $1,526,000. The listing shows 2 bathrooms and 1000-1199 square feet. The style is given as apartment. The unit faces north west. It comes with 1 parking space, an underground garage and a locker (owned) according to the listing. The nearest main intersection given is Yonge/Wellesley. The age is listed as 0-5 years.
These details come from the listing brokerage through TRREB's MLS® System. Room sizes, parking and locker ownership and what the fee covers should all be checked against the status certificate before an offer is firm.
Building amenities on the listing: bike storage, concierge, exercise room, guest suites, outdoor pool and party room/meeting room.
What it costs to buy 1 Gloucester Street 1916
At the asking price of $1,526,000, a buyer pays two land transfer taxes on closing: the Ontario tax and the City of Toronto's municipal tax. Both apply to every home inside the City.
| Asking price | $1,526,000 |
|---|---|
| Ontario land transfer tax | $26,995 |
| Toronto municipal land transfer tax | $26,995 |
| Both taxes | $53,990 |
| First-time buyer relief, if you qualify | up to $8,475 |
| Minimum down payment | $305,200 |
The down payment figure is the federal minimum: 20 percent, because a home at $1.5 million or more cannot carry mortgage default insurance. A lender can ask for more. These figures use the asking price, so they change if you pay more or less. Legal fees, title insurance and adjustments are extra: ask your lawyer for a written quote. This is general information, not legal or tax advice. Confirm the figures with a lawyer or accountant. You can change the price in our land transfer tax calculator and our mortgage calculator.
What it costs to own each month
| Maintenance fee | $1,046 a month |
|---|---|
| Property tax (2025) | $7,188 a year, about $599 a month |
| Fee and tax together | about $1,645 a month |
The listing says the maintenance fee includes condo taxes and water. That is before a mortgage payment, home insurance and any utilities the fee does not cover. Fees are set each year in the corporation's budget and can change. The status certificate shows the current fee, the budget behind it and the reserve fund.
How the asking price compares
TRREB recorded 885 condo apartment sales in the City of Toronto in August 2026, at a median price of $550,000 and an average of $651,648. This home is listed at $1,526,000, which is $976,000 above that median.
The median covers every neighbourhood, size and condition in the City of Toronto, so it is a reference point and not a valuation of this home. Location, size, lot, parking and condition all move the price. Our Toronto house prices page has the figures for every home type.
What to check before you make an offer
- Order the status certificate. A condo corporation must provide it within 10 days of a request and can charge up to $100. It shows the fee for this unit, any arrears, the budget, the reserve fund balance and any special assessment or lawsuit the corporation knows about.
- Have a lawyer read it. The certificate comes with the declaration, by-laws and rules. Ask what they say about pets, renting the unit and renovations. The listing gives pets as "No".
- Confirm the parking and locker. The listing shows 1 parking space and a locker. Ask whether each is owned, exclusive use or rented. Get the unit numbers.
- Check the reserve fund study. Ask when the last study was done and what it says about contributions.
- Get your financing in writing. A lender looks at the maintenance fee and the property tax as well as the price.
- See it in person. Photos do not show noise, light at different hours or the state of the hallways and elevators.
Our first-time home buyer guide and our page for buyers walk through each step. This is general information, not legal advice. Confirm the details with a lawyer.
Toronto neighbourhoods and prices
Our neighbourhood guides set out TRREB prices by home type, transit and the housing in each area we cover.
Toronto neighbourhood guides · Toronto house prices · All Toronto homes for sale
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Questions about 1 Gloucester Street 1916
How much is land transfer tax on 1 Gloucester Street 1916?
At the asking price of $1,526,000 the Ontario tax is $26,995 and the Toronto tax is $26,995, $53,990 in total. A first-time buyer who qualifies can get up to $8,475 back. Confirm the final figures with your lawyer.
What is the minimum down payment for 1 Gloucester Street 1916?
$305,200 at the asking price of $1,526,000, under the federal minimum down payment rules. A lender may require more.
What is the maintenance fee at 1 Gloucester Street 1916?
The listing shows $1,046 a month, including condo taxes and water. Check the current fee in the status certificate.
How much is the property tax on 1 Gloucester Street 1916?
The listing shows $7,188 a year for 2025, about $599 a month.
Is 1 Gloucester Street 1916 priced above or below the median?
It is listed at $1,526,000. The August 2026 median for condo apartment sales in the City of Toronto was $550,000 across 885 sales, so the asking price is $976,000 higher. The median covers all sizes and neighbourhoods.
How do I book a showing for 1 Gloucester Street 1916?
Use the form on this page or call us. Quote MLS® C12873466. We will confirm the listing is still available and arrange a time with the listing brokerage.
Is 1 Gloucester Street 1916 still for sale?
This page is refreshed from TRREB's MLS® System through the day. If the listing sells or is withdrawn the page says so. Contact us to confirm before you make plans.
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