499 Palmerston Boulevard, Toronto, ON

$2,289,000
MLS#:C13033060
0 beds
0 baths
Commercial
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Property Highlights

Welcome to this remarkable investment located in the coveted neighborhood of Palmerston-Little Italy. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $2,289,000 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.

  • 0 Bedrooms and 0 Bathrooms
  • Premium 29 x 138.83 ft lot size
  • equipped with partial central cooling and highly efficient gas forced air closed heating

Description

Grand Edwardian on historic Palmerston Boulevard in the south Annex w/incredible lot & rare private drive! Presently 3 Large self contained suites, all separately metered for Hydro & Natural Gas. Seller occupies the largest suite on the 2nd & 3rd floor. Each unit controls its own heat w/individual gas furnace & ducting. Oversized 138 foot deep lot provides a lush private rear garden with mature silver maples. Approximately 3700 sq. ft over 4 levels, including a professionally underpinned basement with incredible 8 foot ceilings. Large light filled 2nd & 3rd floor upper suite w/hardwood floors, working gas fireplace & splendid sun room overlooking a private back yard. Fantastic 3rd floor bedroom sanctuary with 9.5 ' ceilings, exposed brick, en-suite bath, steam sauna, en-suite laundry and walk-out to a roof top deck with incredible city views. Main floor 2 bedroom suite with large principal rooms, including separate dining room, gas fireplace, hardwood floors & spacious kitchen. Large 2-bedroom basement apt. with 8' ceilings (each bedroom has its own en-suite bath w/shower). Solid brick property with a 200 amp service, modern wiring & plumbing. Perfect opportunity for co-ownership or multigenerational living. If it's a renovation/restoration project you're looking for, this home can be transformed into a majestic single family residence with a huge private backyard perfect for gardening. Prime mid-block location south of Bloor in an absolutely gorgeous tree-lined setting on one of Toronto's most loved streets, famous for its stately homes & iconic turn of the century cast iron street lamps. Qualifies for a Garden Suite, report attached. Easy walk to Bloor St. where great local shops, the hot docs cinema, University of Toronto & Subway are all a few minutes away.

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Key Features

Property Type
Commercial

Additional Details

StatusActive
Listed Date4/22/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeInvestment
Lot Size29 × 138.83 Feet
CountyToronto
Annual Tax$12,194

Parking & Garage

Garage TypeNone

Heating & Cooling

Heat TypeGas Forced Air Closed
CoolingPartial

Features

Property Features

Interior Features

Security Features

Community Features

Location

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499 Palmerston Boulevard, Toronto, ON
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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 499 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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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

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Interest Rate5.25%
Down Payment$457,800 (20.0%)
* Minimum Canadian down payment required for this price is $457,800.
Amortization Period25 Years
Estimated Monthly Payment$10,912Based on a loan of $1,831,200 over 25 years.
Purchase Price$2,289,000
Loan Amount$1,831,200
Provincial Land Transfer Tax:$43,700
Toronto Municipal Land Transfer Tax:$43,700
Total Estimated Closing Taxes:$87,400

About Purchasing a Home in Toronto, ON

For a property listed at $2,289,000 in Toronto, the legal minimum down payment is $457,800 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 $43,700 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $43,700 also applies, bringing the total estimated land transfer taxes to $87,400.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$1,167,312

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Local Schools Guide

Elementary Schools

St Monica
Public14 Broadway Avenue, Toronto, Ontario, M4P 1T4
6.9
Deer Park
Public23 Ferndale Avenue, Toronto, Ontario, M4T 2B4
6.9
St Anselm
Public182 Bessborough Drive, Toronto, Ontario, M4G 3J9
8.7
Blythwood
PublicToronto, Ontario, M4G 0A6
9.4
Our Lady of Perpetual Help
Public1 1/2 Garfield Avenue, Toronto, Ontario, M4T 1E6
9.7

Secondary Schools

North Toronto
Public17 Broadway Avenue, Toronto, Ontario, M4P 1T7
8.4
Northern
Public851 Mount Pleasant Road, Toronto, Ontario, M4P 2L5
8.2
Marshall McLuhan
Public1107 Avenue Road, Toronto, Ontario, M5N 3B1
7.2
Leaside
Public200 Hanna Road, Toronto, Ontario, M4G 3N8
9.1
Forest Hill
Public78 Dunloe Road, Toronto, Ontario, M5P 2T6
7.5

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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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.