MLS® listing
490 Gladstone Avenue: townhouse for sale
$1,790,000
From the listing brokerage
Welcome to 490 Gladstone Ave, a remarkable renovated 3-storey triplex offering an exceptional combination of scale, sophistication, income potential & flexibility in the heart of Toronto's vibrant west end. Thoughtfully renovated down to the studs, this impressive property features 5+1 bdrms & 3.5 baths, w/ private entrances serving the main floor, 2nd floor & finished bsmt, each w/ a private bathroom, full kitchen & laundry area.Designed w/ versatility in mind, this property presents an outstanding opportunity for investors, multi-gen families or an owner-occupier seeking additional income. A buyer can live in 1 unit while renting out the other 2, helping offset carrying costs & generating rental income. Alternatively, it can be maintained as a multi-unit investment or enjoyed by a large or extended family seeking to live together while maintaining distinct, private spaces.Contemporary finishes are showcased throughout, including laminate flrs, quartz countertops in the kitchens & bathrooms, & SS appl in all 3 kitchens. The finished bsmt further expands the living space & possibilities. Outdoor living is equally impressive, w/ a large rooftop terr & spacious backyard offering exceptional spaces for entertaining & relaxing. A rear lane parking space adds valuable convenience, w/ potential for possible laneway house. Private 3rd party mortgage may be available for qualified purchasers(discuss w/LA). Just steps from Dufferin Subway Stn, Dufferin Grove Park & an array of neighbourhood amenities, w/ Christie Pits, Dufferin Mall, schools, Bloor St shops, restaurants & cafés all within reach. Enjoy the best of west-end Toronto living w/ seamless access to transit & downtown.Whether envisioned as an income-producing triplex, owner-occupied property w/ rental income, multi-generational residence or property w/ laneway house potential, 490 Gladstone Ave offers a rare combination of quality, functionality & opportunity in one of Toronto's most desirable neighbourhoods.
Facts on the listing
| Square feet | 1500-2000 |
|---|---|
| Approximate age | 51-99 |
| Style | 3-Storey |
| Basement | Other |
| Lot width | 14.99 |
| Lot depth | 166 |
| Lot measured in | Feet |
| Faces | West |
| Parking spaces | 1 |
| Garage | Detached |
| Heating | Forced Air |
| Cooling | None |
| Kitchens | 2 |
| Rooms | 6 |
| Property tax | $8,069 |
| Tax year | 2026 |
| Parking | Lane |
| Interior features | Other |
| Features | Public Transit |
Listing courtesy of AXON CAPITAL REALTY ADVISORS INC.. MLS® C13743256.
About this townhouse
490 Gladstone Avenue is a 5 bedroom townhouse in TRREB's Dufferin Grove community in Toronto, listed for sale at $1,790,000. The listing shows 4 bathrooms and 1500-2000 square feet. The style is given as 3-storey. The lot is listed as 14.99 by 166 feet. The listing gives the basement as other. It comes with 1 parking space and a detached garage according to the listing. The nearest main intersection given is Bloor St. W. & Dufferin St.. The age is listed as 51-99 years.
These details come from the listing brokerage through TRREB's MLS® System. Room sizes, the lot, the taxes and what is included in the sale should all be confirmed before an offer is firm.
What it costs to buy 490 Gladstone Avenue
At the asking price of $1,790,000, 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 | $1,790,000 |
|---|---|
| Ontario land transfer tax | $32,275 |
| Toronto municipal land transfer tax | $32,275 |
| Both taxes | $64,550 |
| First-time buyer relief, if you qualify | up to $8,475 |
| Minimum down payment | $358,000 |
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
| Property tax (2026) | $8,069 a year, about $672 a month |
|---|
That is before a mortgage payment, home insurance and utilities. The listing shows no monthly maintenance fee, so upkeep of the building and the lot is the owner's own cost.
How the asking price compares
TRREB recorded 45 freehold townhouse sales in the City of Toronto in August 2026, at a median price of $962,000 and an average of $1,026,018. This home is listed at $1,790,000, which is $828,000 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
- Book a home inspection. An inspector looks at the roof, foundation, wiring, plumbing and heating. The listing gives the heating as forced air.
- Have a lawyer search the title. A title search shows mortgages, liens and easements registered against the property. Ask whether a survey exists and whether it matches the lot on the listing, 14.99 by 166 feet.
- Ask about permits. Ask which renovations had building permits and whether those permits were closed. The listing shows 2 kitchens. If there is a second unit, ask whether it meets the municipality's rules for one.
- Confirm what is included. Appliances, light fixtures and window coverings are included only if the agreement says so. Ask whether the water heater or furnace is rented.
- Get your financing in writing. A lender looks at the property tax and heating costs as well as the price.
- See it in person. The listing has a virtual tour, but photos do not show noise, light at different hours or the state of the street and the homes beside it.
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 490 Gladstone Avenue
How much is land transfer tax on 490 Gladstone Avenue?
At the asking price of $1,790,000 the Ontario tax is $32,275 and the Toronto tax is $32,275, $64,550 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 490 Gladstone Avenue?
$358,000 at the asking price of $1,790,000, under the federal minimum down payment rules. A lender may require more.
How much is the property tax on 490 Gladstone Avenue?
The listing shows $8,069 a year for 2026, about $672 a month.
Is 490 Gladstone Avenue priced above or below the median?
It is listed at $1,790,000. The August 2026 median for freehold townhouse sales in the City of Toronto was $962,000 across 45 sales, so the asking price is $828,000 higher. The median covers all sizes and neighbourhoods.
How do I book a showing for 490 Gladstone Avenue?
Use the form on this page or call us. Quote MLS® C13743256. We will confirm the listing is still available and arrange a time with the listing brokerage.
Is 490 Gladstone Avenue 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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