509 Palmerston Boulevard, Toronto C01, ON

$3,299,000
MLS#:C9039087
6 beds
4 baths
4.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["3-Storey"] detached located in the coveted neighborhood of Palmerston-Little Italy. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $3,299,000 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.

  • 6 Bedrooms and 4 Bathrooms with 4 functional kitchens
  • Premium 35.25 x 138.83 ft lot size
  • Features a ["apartment"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Other
  • equipped with ["wall unit(s)"] central cooling and highly efficient water heating via gas

Grand 4-unit property on stately Palmerston Boulevard. Each floor a separate apartment. 3 of 4 units to be vacant (3rd floor apt is month to month). Superb spacious and bright apartments. Huge detached house offers myriad of possibilities: continue as well laid out 4-plex as top tier investment, use as end-user to live-rent or for multi-generational family home or return to grand family home. House features spacious apartments with newer hardwood oak flooring, numerous bay windows, 2 fireplaces (with liners), updated mechanics, multiple decks and balconies plus plenty of original charm (stained and leaded glass, wood panelling). Well cared for property with many improvements. 4,375 total square footage. Big property lot with plenty of parking and garden space. Serene back garden amidst mature trees. Ideal central location on one of the city's most recognizable streets. Schools, parks, shops, public transportation all in neighbourhood. Main floor owner's suite is a beautiful 1 bedroom apartment that could be set up as a 2-bed apt. Full 2-bedroom 2nd floor apt has 2 decks. 3rd floor is a stylish bright 1-br apt. Bsmt is an oversized 1-br apt with 2 access points. Shared coin laundry in basement. Bonus 100amp service in garage. Interior stairwell with side entrance can access all units.

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Key Features

Bedrooms
6
Bathrooms
4
Kitchens
4
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateAugust 8, 2024
Sold price information is available to members only
Listed Date7/15/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionBrick
Lot Size35.25 × 138.83 Feet
CountyToronto
Annual Tax$15,543.23
Legal DescriptionPLAN 632 PT LOTS 117 & 118

Parking & Garage

Parking Spaces4.0
Garage Spaces3
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeWater
Cooling["Wall Unit(s)"]

Features

Property Features

Public Transit

Community Features

Location

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509 Palmerston Boulevard, 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 509 Palmerston Boulevard, Toronto C01, ON M6G 2P2

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$2,639,200
Monthly Mortgage$15,335
Property Tax (Est.)$1,295
Utilities & Maint.$350
Total Monthly Cost$16,980

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.