308 Palmerston Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Palmerston-Little Italy. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $600,000 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.
- 1 Bedroom and 1 Bathroom
- Generous living space spanning 600-699 sqft
- 0.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Mamma Mia! Why summer in Italy, when you can own year-round in Little Italy's favourite building?! This is one-bedroom perfection with 610 sq ft and not an inch wasted. Here you'll find the dream layout: a breakfast bar with counter seating (to sip your espresso), proper dining area (for hosting dinner parties) and a roomy living space (for bringing the famiglia together). Also a super rare king-sized bedroom, with even rarer walk-in closet. Throw open the Juliette balcony doors (in both living and bedroom), turn on the jazz playlist and watch the world go by, while also overlooking the famed neighbourhood church. Beautifully maintained by the original owner with honey hardwood throughout, neutral finishes and brand spankin' new stainless steel kitchen appliances. Nothing to do but unpack and make the Aperol Spritzs! A quality boutique building with amazing concierge, management and board. Plans in place for hallway refurbishment. Exclusive separate storage locker included and street parking permit available for $22/month. Che Bello!
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Hospital, Library, Park, Place Of Worship, Public Transit, Rec./Commun.Centre
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 308 Palmerston Avenue 508, Toronto C01, ON M6J 3X9
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $600,000 in Toronto, the legal minimum down payment is $35,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $8,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $8,475 also applies, bringing the total estimated land transfer taxes to $16,950.
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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.
