141 Palmerston Avenue, Toronto C01, ON

$1,599,000
MLS#:C13055446
5 beds
3 baths
1500-2000 sqft
2.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["2-Storey"] semi-detached located in the coveted neighborhood of Palmerston-Little Italy. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,599,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 5 Bedrooms and 3 Bathrooms with 3 functional kitchens
  • Generous living space spanning 1500-2000 sqft on a premium 18.5 x 110 ft lot
  • Features a ["apartment", "separate entrance"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Auto Garage Door Remote, Carpet Free, Water Heater Owned
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

Rare Gem on One of Toronto's Most Coveted Streets! Welcome to 141 Palmerston Ave, a beautifully maintained 2-storey semi-detached home nestled on the legendary tree-lined Palmerston St, one of the most sought-after addresses in the city. This exceptional property offers three self-contained units, making it a dream for savvy investors or homeowners looking to offset their mortgage with rental income.The main floor and second floor each feature spacious 2-bedroom, 1-bath layouts, while the basement provides two separate walkout access points, a rare and highly desirable feature that adds incredible flexibility and privacy for tenants. Whether you're looking to live in one unit and rent the others, or maximize your investment portfolio, the possibilities here are truly endless. Step outside and you're immediately immersed in the best of Toronto living, just steps to the vibrant energy of Dundas St W, the charm of Little Italy, the iconic Trinity Bellwoods Park, and the trendy Ossington strip. World-class dining, boutique shopping, cafés, and culture are all right at your doorstep.And in a neighbourhood where parking is pure gold? This property delivers, a detached garage with private laneway access ensures you'll never have to compromise.Opportunities like this on Palmerston don't come around often. Don't miss your chance to own a piece of one of Toronto's most beloved streets.

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Key Features

Bedrooms
5
Bathrooms
3
Kitchens
3
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date4/28/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeSemi-Detached
ConstructionBrick
Lot Size18.5 × 110 Feet
CountyToronto
Annual Tax$7,488.08
Legal DescriptionPT LT 68 PL 74 TORONTO AS IN CA110043 EXCEPT THE EASEMENTS THEREIN; CITY OF TORONTO

Parking & Garage

Parking Spaces2.0
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["Central Air"]

Features

Property Features

Arts Centre, Hospital, School, Public Transit, Place Of Worship

Community Features

Location

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141 Palmerston Avenue, Toronto C01, ON

City & Neighborhood Guide

Comprehensive neighborhood overview, demographics, and school rankings for Palmerston Little Italy, Toronto C01.

Verified Local Data
Population6,202,225
Median Age39.6 Yrs
Ownership65% Owners
Avg Area List Price$850,000

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

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Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 141 Palmerston Avenue, Toronto C01, ON M6J 2J2

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Financial Audit

Estimated Costs

Loan Amount$1,279,200
Monthly Mortgage$7,433
Property Tax (Est.)$624
Utilities & Maint.$350
Total Monthly Cost$8,407

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Toronto C01.

Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.