Homula Realty Brokerage
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490 Gladstone Avenue, Toronto, ON M6H 3H9

5 beds · 4 baths · 1+1 kitchens · 5+1 rooms · 1 parking space · 1500-2000 sq ft · Att/Row/Townhouse
$1,790,000
Property tax
$8,069 / year

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.

MLS number
C13743256
Type
Att/Row/Townhouse
Status
Active
Bedrooms
5
Bathrooms
4
Postal code
M6H 3H9
Photos
24
Laundry
Not in the unit
11days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

No previous listings found for this address.

Where this property is

Pick a school to see the boundary it is inside. Boards redraw these — confirm with the board.

Matched to a published address point for this address.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

School boundaries this address is inside

Dewson Street Junior Public School6.4 / 10
Elementary · Regular Track
TDSB boundary
Bloor Collegiate Institute8.2 / 10
Secondary · Regular Track
TDSB boundary
Where these boundaries come from, and what they are worth

A school boundary is the area a board draws around a school. An address inside several of them is normal — boards publish a separate boundary per program, so regular track, French immersion and specialist programs each have their own.

Toronto. Read from the TDSB’s own School Search Map, one school at a time. The board states that the lines on that map are approximate and that the schools serving an individual address must be confirmed against its own address lookup — so the outline here shows you roughly where a boundary runs, and the board answers whether a particular house is in it. The map covers home schools only: French Immersion, gifted and the other optional programs have their own boundaries and their own admission rules, and are not shown.

Homula cannot tell you which school a child will attend. Boards move boundaries, hold students at capacity, cap programs and grant exceptions, and none of that is in any published file. The board is the only authority: TDSB Find Your School.

Sources: TDSB School Search Map — the board states these lines are approximate and that individual addresses must be confirmed against its own lookup.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
ALPHA II Alternative School
Toronto DSB
Elementary132 mNot reported
St Mary Catholic Academy
Toronto CDSB
Secondary252 m6.6 / 10
66% met the standard · 2 of 6 measures
St Anthony Catholic School
Toronto CDSB
Elementary444 m7.8 / 10
78% met the standard
Caring and Safe School 4
Toronto DSB
Secondary369 mNot reported
Westside Montessori SchoolElementary591 mNot reported
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

The market around this home

Att/Row/Townhouses in Toronto C01260 sales over the last five years. Too few sold in this community to chart it on its own, so this is the whole city.

Median sold priceWhat comparable homes actually sold for
$1.18M$1.49M$1.80M20252026this home’s asking price
$1.25Mlatest quarter · hover to read any
Sold vs askingAbove 100% means bidding wars were normal
97%100%102%20252026the asking price
97%latest quarter · hover to read any
Days to sellMedian days on market before the deal closed
0d9d18d20252026
15dlatest quarter · hover to read any
How these are built, and what they cannot tell you

Each point is the median of the sales that closed in that quarter among att/row/townhouses in toronto c01. A quarter with fewer than eight is left out rather than drawn, and the line breaks where that happens — a median over three sales is really one home’s price, and joining across a gap would draw a number nobody measured.

This is not an estimate of what this home is worth. The segment is a property type in an area; it takes no account of this home’s size, condition, renovations, lot, exposure or how it compares to its neighbours, and half the homes in any quarter sold for more than the median and half for less. It is context for a conversation with an agent, not a valuation.

Toronto Regional Real Estate Board closed transactions. Deemed reliable but not guaranteed accurate by PropTx.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 504 people.

$63,600Median household income
18.4%Own their home
6.4%Detached houses
37.2Median age
41.8%Born outside Canada
33.3%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35203841 — the few blocks around this address, home to 504 people. It describes the area, not this property.

504Population
41.4Average age
2.1Household size
$87,000Average household income
$63,600Median household income
18%Own their home
82%Rent
0%Condominiums
42%Born outside Canada
33%University degree
$1,600,000Average home value
13%Low income
48%Not in the labour force
45%Never married
$20,000 to $24,9993%
$25,000 to $29,9993%
$30,000 to $34,9995%
$35,000 to $39,9993%
$40,000 to $44,9993%
$45,000 to $49,9997%
$50,000 to $59,9998%
$60,000 to $69,9995%
$70,000 to $79,9995%
$80,000 to $89,9993%
$90,000 to $99,9995%
$100,000 and over24%
$100,000 to $124,9998%
$125,000 to $149,9995%
$150,000 to $199,9995%
$200,000 and over5%

Percentages are of the 295 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$358,000 · minimum here is $358,000
$7,925.73per month
Borrowed before insurance$1,432,000
Total borrowed$1,432,000
Interest over 25 years at 4.5%$945,720

If you rented it out

-$8,598.15per month out of pocket
Rent$0.00
Everything it costs to hold$8,598.15
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

What’s being built nearby

Planning applications within 500 m — 6 still in progress.

1045 DUFFERIN ST165 m
Under Review · applied May 28, 2025

Site Plan Approval for a 3-storey switchgear building for Toronto Hydro.

City planning file →
980 DUFFERIN ST334 m
NOAC Issued · applied April 1, 2022

Site Plan Approval for a 37-storey mixed-use building having a non-residential gross floor area of 1543.20 square metres, and a residential gross floor area of 57,746.0 square metres. 844 rental dwelling units are proposed.

City planning file →
980 DUFFERIN ST334 m
Under Review · applied April 26, 2018

INACTIVE To facilitate a mixed-use redevelopment of the site:149,055 square metres of res. GFA (2018 dwelling units); 15,656 square metres of retail/commercial uses; 2,887 square metres of office uses;…

City planning file →
980 DUFFERIN ST334 m
Under Review · applied September 22, 2017

Draft Plan of Subdivision (10 lots) to facilitate a mixed-use redevelopment of the site: 147,512 square metres of res. GFA (2,219 dwelling units); 15,780 square metres of retail/commercial uses; 4,900 square metres of office uses;…

City planning file →
52 BARTLETT AVE66 m
NOAC Issued · applied September 24, 2013

Proposal for Site Plan Control (13-241059 SA) and a Zoning By-Law Amendment (13-241061 OZ) to reuse the industrial building (at rear) with the addition of a third storey along with demolition of an existing detached single family dwelling to develop it into a …

707 DOVERCOURT RD423 m
NOAC Issued · applied February 11, 2009

SITE PLAN CONTROL for construction of new 5 storey residential building containing 77 dwelling units with 2 levels below grade parking with 67 parking spaces (9 visitors) 4476m2. Development includes 5 bachelor, 56 1 bedroom, 16 2 bedroom

990 BLOOR ST W295 m
Closed · applied June 27, 2025

To create 116 residential units within a 13-storey mixed use building.

City planning file →
798 DOVERCOURT RD314 m
Draft Plan Approved · applied November 14, 2024

Draft Plan of Condominium for four residential units.

City planning file →
What these are

These are applications made to the City — a proposal to build something, not a decision that it will be built. Many are refused, withdrawn, reduced, or approved and then left for years. The status shown is the one the City last recorded, and each entry links to the City’s own file, which is the authoritative record.

Whether a nearby development is welcome depends on what you want from a street, so this panel reports what has been applied for and leaves the judgement to you.

Contains information licensed under the Open Government Licence – Toronto. Toronto only for now; other municipalities publish this differently or not at all.

Listed by AXON CAPITAL REALTY ADVISORS INC.. Listing data provided by the Toronto Regional Real Estate Board.