499 Palmerston Boulevard, Toronto, ON
Property Highlights
Welcome to this remarkable 3-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 $2,189,000 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 5 Bathrooms with 3 functional kitchens
- Generous living space spanning 2500-3000 sqft on a premium 29 x 138.83 ft lot
- Features a apartment, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 1.0 total parking spaces available
- Notable attributes: Water Meter
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Prime South Annex!! Grand 3-storey residence with a private drive on a superb 29' x 138' lot! **Presently 3 large self-contained suites, all separately metered for hydro & natural gas. Perfect for Buyer to occupy the upper two floors and receive solid rental income from two units, or create the ideal co-ownership or multigenerational living opportunity. This large, solid brick Edwardian is approx. 3700 sq. ft over 4 levels, including a professionally underpinned basement with 8-foot ceilings. Seller occupies the largest suite on the 2nd & 3rd floor, full of natural light w/hardwood floors, gas fireplace and a splendid sunroom that overlooks the private back yard. The third floor principal bedroom has 9.5 ' ceilings, exposed brick, en-suite bath, steam sauna, en-suite laundry and a walk-out to a roof top deck. Charming main floor 2 bedroom unit with many period details intact including antique gas fireplace, hardwood floors, separate dining room & spacious kitchen. Large 2-bedroom basement Apt. with amazing 8 foot ceilings, each bedroom has its own en-suite bath w/shower. 200-amp service, modern wiring & plumbing. The lot extends an impressive 138 feet from the private drive to the incredible back yard where mature trees provide a serene natural setting with endless possibilities for gardening enthusiasts. Originally built as a single family residence, this property can be re-imagined back into a majestic family home, now or down the road. Located in a prime mid-block location south of Bloor on a street famous for its iconic cast iron street lamps. Property qualifies for a Garden Suite, report attached. Short walk to Bathurst subway and fabulous local shops, cafes & restaurants, the Hot Docs Cinema, BMV Books, Metro, University of Toronto.
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Property Summary
This detached home located at 499 Palmerston Boulevard, Toronto is currently for sale and has been available on SousaSells for 65 days. This property is listed at $2,189,000 with an estimated mortgage of $7,286* per month. It has 6 beds, 5 bathrooms, and is 2500-3000 square feet. 499 Palmerston Boulevard, Toronto is in the Palmerston-Little Italy neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 6 bedrooms and 5 bathrooms, this home offers ample space and comfort for growing families in Palmerston-Little Italy, Toronto.
- •6 spacious bedroom layout offering versatile living space
- •5 well-appointed bathrooms
- •2500-3000 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in Palmerston-Little Italy, Toronto.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- Water Meter
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 499 Palmerston Boulevard, Toronto, ON
Q.What is the asking price for 499 Palmerston Boulevard, Toronto, ON ?
The current listing price for 499 Palmerston Boulevard, Toronto, ON in Palmerston-Little Italy, Toronto is $2,189,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 6 bedrooms and 5 bathrooms across approximately 2500-3000 sqft.
Q.What property type and architectural style is 499 Palmerston Boulevard, Toronto, ON ?
499 Palmerston Boulevard, Toronto, ON is a Semi-Detached (3-Storey) featuring a Apartment, Separate Entrance basement.
Q.What interior features are included in this home?
Interior highlights include: Water Meter.
Q.Is parking available at this property?
Yes, this property offers parking space for 1.0 vehicle (None).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
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Pricing & Value Insights
Data-driven valuation for 499 Palmerston Boulevard, Toronto, ON M6G 2P2
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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 $2,189,000 in Toronto, the legal minimum down payment is $437,800 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 $41,200 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $41,200 also applies, bringing the total estimated land transfer taxes to $82,400.
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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.