Attention Investors! Prime Centre Town Opportunity Discover this detached 2-storey single-family home located in the heart of Centre Town, offering exceptional investment potential. This unique property features two fully separate rental units: Unit 1: 2 bedrooms Unit 2: 3 bedrooms. Highlights include: Two private balconies Abundant natural light through large windows Character-filled lower level with striking stone walls Flexible layout ideal for owner-occupiers, multi-generational living, or maximizing rental income Whether you're looking to expand your portfolio or live in one unit while renting the other, this property combines charm, location, and strong income potential. Steps from shops, transit, and downtown amenities this is a rare find in one of the city's most desirable neighborhoods! New Roof 2024, Hot Water Boiler 2025
Single-familyProperty Type
Source:TREB #X12406459
Market trends in Centre Town, ON
Last updated October 2026
Sale-to-list price
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Provided by Redfin
Sale history for 397 Gladstone Ave
Date
Event
Price
TREB #X12406459
Jan 17, 2026
Delisted
—
Oct 3, 2025
Price Changed
$825,000
Sep 16, 2025
Listed
$850,000
+17
Attention Investors! Prime Centre Town Opportunity Discover this detached 2-storey single-family home located in the heart of Centre Town, offering exceptional investment potential. This unique property features two fully separate rental units: Unit 1: 2 bedrooms Unit 2: 3 bedrooms. Highlights include: Two private balconies Abundant natural light through large windows Character-filled lower level with striking stone walls Flexible layout ideal for owner-occupiers, multi-generational living, or maximizing rental income Whether you're looking to expand your portfolio or live in one unit while renting the other, this property combines charm, location, and strong income potential. Steps from shops, transit, and downtown amenities this is a rare find in one of the city's most desirable neighborhoods! New Roof 2024, Hot Water Boiler 2025
As the MLS and public records start to fill up, we'll list the details here.
Property details
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Single Family Residential
Year Built: —
Year Renovated: —
Region: —
Home facts updated by public records on Aug 9, 2023
Around this home
Schools
0.3km
Glashan Public School
Public, 7-8 • Assigned
1.1km
Lisgar Collegiate Institute
Public, 9-12 • Assigned
Provided by Local Logic
Lifestyle
Provided by Walk Score and Local Logic
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